Saturday, March 6, 2010

Climate: Australian News follows the money

A big push behind the need for data to show global warming may be the money lining up to be part of it. Massive fraud has been found in the European carbon trading market. Very good reporting.


Sceptics are fighting a billion dollar industry aligned with a trillion dollar trading scheme. Big Oil's supposed evil influence has been vastly outdone by Big Government, and even those taxpayer billions are trumped by Big-Banking.

The big-money side of this debate has fostered a myth that sceptics write what they write because they are funded by oil profits. They say, follow the money? So I did and it's chilling. Greens and environmentalists need to be aware each time they smear with an ad hominem attack they are unwittingly helping giant finance houses.

The money trail


Hundreds of thousands of radiosonde measurements failed to find the pattern of upper trophospheric heating the models predicted, (and neither Santer 2008 with his expanding "uncertainties" nor Sherwood 2008 with his wind gauges change that). Two other independent empirical observations indicate that the warming due to CO2 is halved by changes in the atmosphere, not amplified.[Spencer 2007, Lindzen 2009, see also Spencer 2008]

Without this amplification from water vapor or clouds the infamous "3.5 degrees of warming" collapses to just a half a degree — most of which has happened.