Source: Hockey Schtick
Archive for August, 2011
Source: Junk Science
By Andrew Restuccia
Sen. Lisa Murkowski (R-Alaska) is raising new fears about the effect of Environmental Protection Agency rules on electric grid reliability, after receiving an analysis on the issue from federal power regulators.
?EPA?s rulemakings could have a serious impact on the affordability and reliability of our nation?s energy supply, especially given the sheer number of new regulations the agency has rolled out in such a short time period,? Murkowski, the top Republican on the Senate Energy and Natural Resources Committee, said Wednesday in a statement.
Murkowski?s concerns are likely to be used as fodder in Republicans? ongoing push to delay or block EPA regulations that they say will impose unnecessary burdens on the economy. (E2 Wire) (more…)
Another manifestaion of Agenda 21?
by Dennis Ambler
The government of South Australia has announced its intention to ban mining in perpetuity in the Arkaroola region in the northern part of the state, citing the region’s unique character and sensitive environmental, cultural and heritage values. Arkaroola includes the Mt Gee uranium deposit, with estimated indicated and inferred resources totalling over 31,000 tonnes U3O8 (26,300 tU), for which South Australian exploration company Marathon Resources holds an exploration lease.
Source: The Blaze
?Do we need a militant movement to save the planet (and ourselves)??
That was the question posed in recent article on the left-wing site Alternet when it interviewed a group of radical environmentalists who are allegedly endorsing ?Decisive Ecological Warfare.? And in order to realize their goal of ridding the planet of industrial civilization ? even modern agriculture ? the group intends to employ tactics ?of both militaries and insurgents the world over.?
One of the activists, Derrick Jensen, allegedly even believes those who destroy the environment should be summarily executed: ?If it were up to me, all the people associated with the Gulf oil spill, which is murdering the Gulf, would be executed. That would be part of the function of a state,? said Jensen. (more…)
Source: No Frakking Consensus
Rajendra Pachauri, the chairman of the Intergovernmental Panel on Climate Change (IPCC), appears to be on a media tour intended to rehabilitate both his own reputation and that of the organization he leads.
Yesterday?s article in the UK?s Telegraph may turn out to be one of a series of similar stories (backup link here). Unfortunately, there?s every indication that these accounts will be written by shockingly uninformed journalists who?ll continue to give Pachauri the benefit of the doubt.
In this instance journalist Peter Stanford falls for Pachauri?s claim that he?s being targeted in a shoot-the-messenger scenario. According to this narrative, the public doesn?t want to confront the danger of climate change so the person delivering the unwelcome news gets attacked.
Oh, please. Pachauri has systematically misled the entire world about how his organization writes its reports. He has insisted that these reports are based only on peer-reviewed literature when this is simply not the case. (more…)
Four districts in the Chilean extreme south region of Magallanes were declared in ?agricultural emergency? given the harmful effects of snow storms in the area.
The decision opens the way for funds and logistical support for the population and mostly sheep farms of those districts.
According to the first reports from the different districts an estimated 27.000 sheep and 4.000 cattle are isolated and suffering from lack of food and shelter.
However no families or shepherds are in peril or isolated. (more…)
Source: von Mises Institute
Investors the world over are still reeling from last Thursday’s massive plunge in the US equity markets, in which the major indices all gave up more than 4 percent. It was the worst day for the US stock market since December 2008.
None of this should surprise those conversant with Austrian economics. The “fundamentals” of the economy have been and remain awful because the government and Federal Reserve are consistently doing the wrong things. The apparent recovery, fueled by Bernanke’s sheer money creation, has been bogus all along. (more…)
Source: Yahoo News
?I think the most pressing issue facing the U.S. at the moment is to reflect on the crisis which happened in relation with the debt ceiling,” Guan said. “They should get a clear understanding that the continuous decline of the debt service capability will inevitably result in the outbreak of a sovereign debt crisis.?
SPPI Note: see
Changing The Engine Of The Global Economy ? The Next UN Strategy
Standard & Poor’s US debt downgrade was a wake-up call for the world, a commentary in a top Chinese state newspaper said, adding that Asian exporters faced special risks.
Citing economist Sun Lijian, the People’s Daily on Sunday said Standard & Poor’s Friday cut to the US’ credit rating from the top notch triple-A to AA+ had “sounded the alarm bell for the dollar-denominated global monetary system”.
The comments carried in the Communist Party mouthpiece follow a stinging attack launched by the official Xinhua news agency on Saturday, which said Beijing had “every right” to demand Washington safeguard Chinese dollar assets.
China — which sat on the world’s biggest foreign exchange reserves of around $3.20 trillion as of the end of June — is the largest foreign holder of US Treasuries. (more…)
Soure: Washington Times
The Obama administration has made history by presiding over the first-ever downgrade in the U.S. credit rating. President Obama has outdone all his predecessors in wrecking America?s good name. His answer to this problem: Spend even more.
Raising the debt ceiling was sold as a way of guaranteeing the U.S. credit rating. It had the opposite effect, which makes sense to anyone who understands credit. Take a family with a median household income around $50,000. If they spend $85,000 a year and have debt at $300,000 and growing, it?d be foolish to let them borrow more because they don?t have the income to pay it back. Raising the debt ceiling ignored this reality. Then, the Obama administration immediately demonstrated its utter lack of creditworthiness by blowing 60 percent of the initial $400 billion increase in one day, the largest single-day accumulation of debt in U.S. history. (more…)
Source: Climate Depot
[Climate Depot Comment: ‘This is psychologically healthy development for Gore. He needs to face the reality that despite his film, an Oscar, a Nobel, a compliant shoddy news media, the UN, Hollywood, untold tens of billions of dollars spent, propaganda directed at school kids, and twisted science – the movement Gore helped found, is dying scientifically, politically and economically. It is time to celebrate the utter and complete failure of the sub-prime science of man-made global warming.‘ More analysis on why Gore has failed here.]
Gore: ‘They have polluted it to the point where we cannot possibly come to an agreement on it’
Source: The American Interest
It must be as perplexing to his many admirers as it is frustrating to himself that a man of Vice President Gore?s many talents, great skills and strong beliefs is one of the most consistent losers in American politics.
?All political careers end in failure,? said Enoch Powell; Gore has not won an election on his own since his 1990 re-election to the Senate from Tennessee. His 1988 presidential bid ended well short of the nomination. Many observers felt Gore was headed for defeat in a third Senate campaign as the south continued to swing Republican; Clinton?s offer of the vice presidential slot in 1992 gave Gore the opportunity to reach a national audience as his home state cooled. On his own again in 2000, gifted by the departing Clinton with the most bubbliciously expanding economy in American history and a comfortable budget surplus, and insulated from the innuendo and scandal of the Clinton White House by his still-vibrant marriage, he found the elusive road to defeat against a flawed and inexperienced challenger. Tennessee voted for Bush; Florida or no Florida Gore would have gone to the White House if those who knew him longest and best had rallied to his support.
Once out of office, he assumed the leadership of the global green movement, steering that movement into a tsunami of defeat that, when the debris is finally cleared away, will loom as one of the greatest failures of civil society in all time. (more…)
Source: UK Met Office
4 August 2011 – Two research papers shed new light on why the upper layers of the world’s oceans have seen a recent pause in warming despite continued increases in greenhouse gases.
The independent studies from the Royal Netherlands Meteorological Institute (KNMI) and the Met Office show how natural climate variability can temporarily mask longer-term trends in upper ocean heat content and sea surface temperature.
The upper 700 metres of the global ocean has seen a rise in temperature since reliable records began in the late 1960s. However, there has been a pause in this warming during the period from 2003 to 2010. The papers published this week offer explanations for this. (more…)
Source: CO2 Science
Villarini, G., Smith, J.A., Baeck, M.L. and Krajewski, W.F. 2011. Examining flood frequency distributions in the Midwest U.S. Journal of the American Water Resources Association 47: 447-463.
The authors write that the Upper Midwest United States — consisting of North Dakota, South Dakota, Nebraska, Kansas, Minnesota, Iowa, Missouri, Wisconsin and Illinois — “has been plagued by flooding over the past 100 years,” and they say that “these events are responsible for numerous fatalities and large economic damage (e.g., Changnon, 1997, 1999; Pielke and Downton, 2000; Otto, 2009), in particular over the last two decades, with the 1993 and 2008 floods causing economic losses in excess of one billion dollars.” (more…)
Source: CO2 Science
In a Policy Forum article in Science, Buyx and Tait (2011) say that “climate change is predicted to impose increasing harms, in particular on those most disadvantaged,” and they go on to state, in their very next sentence, that “thus, climate change mitigation is a vital common good.”
With this declaration as the starting point of their discussion, the two academics approvingly note that “mandatory targets for introduction and blending of biofuels have been introduced” by both the European Union and the United States, even though, as they acknowledge “there are serious concerns about negative effects on food security, the environment, and the rights of farmers and landholders in developing countries,” after which — using various derivatives of the word ethics some 20-plus times — they strive to make the production and use of biofuels as palliative as possible. But have they not put the cart before the horse in terms of the ethics of biofuels? (more…)