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Wednesday, September 15, 2010

A total waste...


The global warming fleecing of the American taxpayer

The federal government has spent tens of billions of taxpayer dollars on research that has completely failed to affect temperatures or demonstrate an empirical link between human CO2 emissions and global warming.

As the BP oil spill slips off the front pages, replaced by daily reports of Lindsey Lohan’s release from jail; as Chelsea Clinton’s marriage is no longer news; as the war in Afghanistan loses traction with the public; and as Barack Obama pauses to review his declining approval rates, it is time once again to ask, whatever happened to global warming?

Here’s an update. On the basis of legitimate—not government funded—science: it is as dead as Marley’s ghost.

There actually was global warming. It began around 1850 as a Little Ice Age receded from America and Europe. From about the 1500s on, it caused the Thames to freeze over in London, widespread crop failures, the fall of the French monarchy, and the tribulations of Washington’s troops in Valley Forge, among many other notable historic events. The earth continued to warm, very moderately, until the 1990s.

That warming period is over. The earth’s overall temperatures have been falling for the past decade and, since the earth is at an end of an interglacial cycle between full-blown ice ages, we better hope it doesn’t tip over into a new one any time soon. The current cooling is attributed to another well known cycle, that of sunspot activity. Fewer sunspots means a cooler climate on earth.

Plainly stated, there isn’t a single thing anyone on earth can do about this latest cooling, nor was the alleged “global warming” due to “anthropogenic” causes, i.e., anything and everything attributable to human beings.

Putting aside the fact that the creatures of the earth exhale carbon dioxide after breathing in oxygen and that various technologies based on coal, oil and natural gas generate it along with natural events like forest fires, carbon dioxide (CO2) plays virtually no role whatever so far as the climate is concerned.

It is, however, along with oxygen, the most important gas in the earth’s atmosphere since it is the “food” on which all vegetation, from forests to jungles, crops of every description, and grandma’s favorite potted plant depends. No CO2 means no life on earth.

Despite this, a huge global warming industry has emerged thanks to the efforts of the United Nations’ Intergovernmental Panel on Climate Change. “Global warming” has nothing whatever to do with climate and everything to do with the creation of a scam called carbon trading.

By assigning a value to the amount of CO2 emissions produced by the production of electricity and the manufacturing of everything, “carbon credits” can be bought and sold on exchanges set up to trade in them. There is money to be made in “alternative energy” production such as solar and wind farms, or in biofuels such as ethanol and biodiesel. To justify this, any use of coal or oil has to be demonized.

The worst part of all this is the role that governments have played in furthering this greatest of all Ponzi schemes wherein carbon becomes a commodity.

Here’s where it gets very interesting for a cash-strapped United States of America where jobs are disappearing faster than ever since the Great Depression of the 1930s. In an interesting paper published by the Science & Public Policy Institute, “Climate Money,” some astonishing and appalling facts are laid out by Joanne Nova, its author.

“The U.S. government has spent over $79 billion since 1989 on policies related to climate change, including science and technology research, administration, education campaigns, foreign aid, and tax breaks.”

“Carbon trading worldwide reached $126 billion in 2008. Banks are calling for more carbon trading. And experts are predicting the carbon market will reach $2-$10 trillion making carbon the largest single commodity trade.”

Based on her analysis of the money allocated to the global warming scam, “In total, over the last 20 years, by the end of fiscal year 2009, the U.S. government will have poured in $32 billion for climate research—-and another $36 billion for development of climate-related technologies. These are actual dollars, obtained from government reports, and not adjusted for inflation.”

Among the billions spent by the American Recovery and Reinvestment Act of 2009, otherwise known as the Stimulus Act, $7 billion was allocated to “carbon sequestration experiments.” That is taking CO2 out of the atmosphere and burying it.

This is as ridiculous as it gets, especially when one considers that, despite $30 billion spent on pure scientific research, “no one is able to point to a single piece of empirical evidence that man-made carbon dioxide has a significant effect on the global climate.”

All that money, taxes paid by Americans, has been a complete and total waste.


Link:
http://www.cfact.org/a/1795/The-global-warming-fleecing-of-the-American-taxpayer

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