Friday, September 28, 2012

Fact checking Nature Magazine Editorial finds it denies climate science, is shockingly ignorant about US action against CO2 endangerment or global warming, and is unaware of US dramatic, long term drop in CO2 emissions without using cap and trade or carbon taxes

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For Nature's information, Obama is aware that US CO2 has dropped steadily for the past 20 years. He mentioned it in a speech on 8/28/12. Similar reports say it's headed even lower. And that other countries' CO2 either hasn't dropped or has increased despite billions spent on cap and trade and extra taxes.

Excerpt from Nature's current editorial:

9/26/12, "A second wind for the president," Nature Masgazine Editorial


"A lack of leadership has hampered progress against global warming.
If Barack Obama earns a second term as US president, will he have the energy to tackle climate?

"Barack Obama entered the White House on a wave of hope that was every bit as real for scientists as for voters. ...

Given the toxic political atmosphere surrounding the November elections, it is perhaps understandable that the administration, Democrats and even some environmentalists are saying little about global warming.


But by failing to speak out, they have often ceded the airwaves to deniers. Although polling shows that almost two-thirds of US citizens support some kind of action on global warming, law-makers in Washington DC are back to debating the validity of climate science. The United States needs leadership that is willing and able to uphold and act on the science....Or could a carbon tax make a comeback as a way to increase revenues and lower income taxes?"..." via Tom Nelson
  
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Nature Magazine is based in London, England, and owned by Macmillan Publishing Co

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The UK monarchy's
financial survival reportedly depends on the world believing in man-caused CO2 terror. That is your problem, not ours. We in the US aren't interested in being ruled by a monarchy, or even an EU, a point we attempted to make in 1776.
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For Nature and others unaware of the good news, US CO2 emissions have dropped steadily since at least 2006 and are going lower. This has even been acknowledged in the NY Times. Whatever weather the US is having, it can't possibly be the result of excess CO2.

Other countries' CO2 hasn't dropped despite hundreds of billions spent on cap and trade and extra taxes. This isn't to say the US hasn't become partners with the 'climate' industry. Trillions have been taken from US taxpayers for climate expenses via outright agency budget allocations, tax subsidies, diversion of US military to climate or green projects, countless federal regulations, vast sums shipped out in foreign aid for 'climate' endeavors, etc. Devoting 13 federal agencies to 'climate' matters is hardly 'lagging' in action.


Global Warming 'action' was institutionalized in US government in 1990 by George Bush the 1st in the "U.S. Global Change Research Act of 1990." (He mentions CO2 near the end). The US even exports fuel now.

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At least some of this news about the US atmosphere has reached Pres. Obama because he referenced it in a speech on Aug. 28 though didn't discuss its stunning ramifications. In the speech he only used the term 'greenhouse gases' though the recent AP report

 about the 20 year drop specifically cited CO2:

AP: "In a surprising turnaround, the amount of carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years."...

From Pres. Obama's speech:

8/28/12, at Iowa State: "We’re on track to emit fewer greenhouse gases this year than we have in nearly 20 years. You can keep those trends going."

The NY Times noted Obama avoided connecting the meaning of these scientific findings to ordinary Americans on whose backs they were obtained.

The NY Times says:

8/28, "He did not note the role of the recession, with its attendant drop in manufacturing and car and truck trips."

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Those invested in CO2 endangerment have been caught by surprise. No one expected the US to turn around it's CO2 emissions as fast and as continuously as it has (whether they needed to be turned around or not).

Trillions have been gambled in the CO2 terror industry against the likelihood of results like this in the US. Fortunes have been made. Now technically other fortunes have been lost. With the help of the media the news is being ignored or glossed over
as it was with Mr. Obama. The media faces a professional loss and possibly a financial one. But it's still over:

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6/4/12, "Climate change stunner: USA leads world in CO2 cuts since 2006," Vancouver Observer, Saxifrage 




"Not only that, but as my top chart shows, US CO2 emissions are falling even faster than what President Obama pledged in the global Copenhagen Accord."... 


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7/15/12, "Recession Special: Cleaner Air," NY Times, Matthew Wald

"What the government has not mandated, the economy is doing on its own: emissions of global warming gases in the United States are down.
 

According to the Energy Department, carbon dioxide emissions peaked in this country in 2005 and will not reach that level again until the early 2020s."...

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NRDC notes US CO2 drop and the fact that there has been minimal press coverage of it:


6/26/12, "The Incredible Shrinking Carbon Pollution Forecast - Part 2," switchboard.nrdc.org, Dan Lashof



"While there has been some press coverage of these facts (see here and here) I continue to find that most people are surprised to learn about this progress."...


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If US temperatures go up for a day, a month or 6 months, US human-caused CO2 is not, can't possibly be the reason.

 6/29/12, "US Carbon Output Forecasts Shrink Again," American Interest, Walter Russell Mead


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6/22/12, "U.S. cuts greenhouse gases despite do-nothing Congress," CNN, Steve Hargreaves

"Even factoring in a stronger economy, forecasters see greenhouse gas emissions continuing to fall....Others take the U.S. success in reducing its energy sector emissions as a sign that its fragmented, state-based, regulatory approach has worked better than Europe's market-based cap-and-trade approach."


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4/21/12, "Why [CO2] Emissions Are Declining in the U.S. But Not in Europe," by Michael Shellenberger and Ted Nordhaus, newgeography.com

"As we note below in a new article for Yale360, a funny thing happened: U.S. emissions started going down in 2005 and are expected to decline further over the next decade."


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A 2011 report noted EIA results through 2009, US CO2 emissions dropped steadily since 1999:

4/14/11, "Biggest Drop in U.S. Greenhouse Gas Emissions," World Climate Report

"In 2009, greenhouse gas emissions in the U.S. experienced their biggest drop since the U.S. Energy Information Administration began tracking them during the 1990-2009 timeframe."


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Congratulations to the greens on their victory over CO2 in the US. CO2 alarmist 'glory days' are now over in the US:

"But there is one group (other than the Russians and the Gulf Arabs and the Iranians) that isn’t sharing in the general joy: the greens. For them, the spectacle of a looming world energy crisis was good news. It justified huge subsidies for solar and wind power (and thereby guaranteed huge fortunes for clever green-oriented investors). ...But those glory days are over now, and the smarter environmentalists are bowing to the inevitable."...

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1/25/2009, "Global warming industry becomes too big to fail," Timothy Carney, Washington Examiner

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4/20/10, "Buying Carbon offsets may ease eco-guilt but not global warming," by Doug Struck, CS Monitor

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11/23/11, "Europe's $287 billion carbon 'waste': UBS report," The Australian, by Sid Maher

"SWISS banking giant UBS says the European Union's emissions trading scheme has cost the continent's consumers $287 billion for "almost zero impact" on cutting carbon emissions."...
EU CO2 trading provided "windfall profits" to participants paid for by "electricity customers.""
 

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A few examples of climate cash sought in 2011:

1/11/11, "Big Money in Climate Change: Who Gives, Who Gets," Al Fin 

 

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2/1/2011, "Austria Asks Sweden to Return Carbon Permits Worth $3.9 Million," Bloomberg,

"Organized crime may be responsible for theft of European Union emission allowances this month, and national authorities are working with Europol...a top EU climate official said." Sweden admits it has Austria's stolen 'carbon credits' but says it might just be 'a coincidence.'"...


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1/21/11, "Analysis: U.S. government a tenuous beachhead for biofuel firms," Reuters

"The U.S. military has emerged as a key ally for fledgling producers of non-food-based biofuels."...

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3/26/12, "Obama Requests $770 Million to Fight Global Warming Overseas," CNS News, Matt Cover

"The Obama administration has requested $770 million in federal funds to combat the effects of global warming in developing countries, a new congressional report details, continuing its policy of using foreign aid to combat the effects of global warming in the developing world.


The figure, from a recent report from the Congressional Research Service (CRS), shows that despite another year of $1 trillion deficits, the Obama administration continues to pursue its policy of using foreign aid funds for anti-global warming measures – known as the Global Climate Change Initiative (GCCI).


According to CRS, the government has spent a total of $2.5 billion on GCCI since 2010 on overseas anti-global warming efforts in Latin America, Asia, and Africa."...

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"Only 12% (of net US petroleum imports) came from Saudi Arabia last year, down from nearly 19% in 1993."...

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11/30/11, "U.S. Nears Milestone: Net Fuel Exporter," Wall St. Journal, by L. Pleven, R. Gold

A combination of booming demand from emerging markets and faltering domestic activity means the U.S. is exporting more fuel than it imports, upending the historical norm. 

According to data released by the U.S. Energy Information Administration on Tuesday, the U.S. sent abroad 753.4 million barrels of everything from gasoline to jet fuel in the first nine months of this year, while it imported 689.4 million barrels."...

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7/28/10, "The secrets 10 states and Wall Street don't want you to know," by Mark Lagerkvist, NJ Watchdog

"Secrecy and greed are polluting the Regional Greenhouse Gas Initiative, the nation’s first


  • mandatory cap-and-trade system.
Under the RGGI scheme, the smell of profiteering is powerful. New Jersey and nine other Northeast states have sold
The bidders at RGGI auctions include Goldman Sachs, Morgan Stanley, Merrill Lynch, JPMorgan Chase and other Wall Street heavyweights."...  
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1/30/2012, "Americans on pace to have driven 40 billion fewer miles in 2011 vs. 2010," GasBuddy (Fed. Hwy. Admin. data)

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7/5/2008, "30 billion fewer miles driven, and counting," McClatchy via Seattle Times

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7/02/09, "The Great American Bubble Machine: How Goldman Sachs has Engineered Every Major Market Manipulation Since the Great Depression," Rolling Stone, by Matt Taibbi

"A groundbreaking new commodities bubble,

  • called cap-and-trade.
The new carbon-credit market is a virtual repeat of the commodities-market casino that's been kind to Goldman,
If the plan goes forward as expected, the rise in prices will be government-mandated.  

Goldman won't even have to rig the game.
 
It will be rigged in advance."...
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8/23/11, "The Alarming Cost Of Climate Change Hysteria," Forbes, Larry Bell

"The Small Business Administration estimates that compliance with such regulations costs the U.S. economy more than $1.75 trillion per year — about 12%-14% of GDP, and half of the $3.456 trillion Washington is currently spending. The Competitive Enterprise Institute believes the annual cost is closer to $1.8 trillion when an estimated $55.4 billion regulatory administration and policing budget is included."...

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9/3/12, "California Ramps up Policy That's Taboo on Campaign Trail," Bloomberg, Eric Roston

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2/15/2011, "Trillions of dollars at stake from climate change over next 20 years ," mercer.com

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8/28/12, "Remarks by President Obama at Campaign Event -- Ames, Iowa," enewspf.com (Iowa State)

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8/28/12, "On Our Radar: Green Tuesday at the White House," NY Times Green blog

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8/16/12, "AP IMPACT: CO2 emissions in US drop to 20-year low," AP, Kevin Begos

"In a surprising turnaround, the amount of >carbon dioxide being released into the atmosphere in the U.S. has fallen dramatically to its lowest level in 20 years, and government officials say the biggest reason is that cheap and plentiful natural gas has led many power plant operators to switch from dirtier-burning coal."...

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"U.S. drivers are paying $149 million more each day for gas than in early July (2012)." 

8/20/12, "Summertime blues for drivers: Gas at August record," AP via Bloomberg

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5/27/11, "Gas tanks are draining family budgets," AP, J. Fahey

(parag. 13): "Every 50-cent jump in the cost of gasoline takes $70 billion out of the U.S. economy over the course of a year, Hamilton* says. That's about one half of one percent of gross domestic product....

*"James Hamilton, an economics professor at the University of California, San Diego, who studies gas prices."...

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7/23/11, "Could U.S. Gas Prices Rise Above $5 Per Gallon?" IBTimes (International Business Times)

"No one knows precisely at what point oil begins to substantially hinder consumer spending and slow commercial activity - but this much is known: every $1 per barrel rise in oil decreases U.S. GDP by about $100 billion per year and

  • every 1 cent increase in gasoline
  • by about $600 million per year."...
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 2/23/11, "What Do Rising Oil Prices Mean for U.S. Economic Growth?" DailyFinance.com, Peter Cohan

"According to the International Monetary Fund, a $10-a-barrel increase in the price of oil

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As of third week of August 2012, data from St. Louis Fed, via notJimCramer:



via Zero Hedge, 8/24/12, "On This Week In History, Gas Prices Have Never Been Higher."

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8/23/11, "The Alarming Cost Of Climate Change Hysteria," Forbes, Larry Bell

"The Small Business Administration estimates that compliance with such regulations costs the U.S. economy more than $1.75 trillion per year — about 12%-14% of GDP, and half of the $3.456 trillion Washington is currently spending. The Competitive Enterprise Institute believes the annual cost is closer to $1.8 trillion when an estimated


  • $55.4 billion regulatory administration and policing budget
is included. CEI further observes that those regulation costs exceed 2008 corporate pretax profits of $1.436 trillion; tower over estimated individual income taxes of $936 billion by 87%; and reveal
  • a federal government whose share of the entire economy
  • reaches 35.5%
when combined with federal 2010 spending outlays.

A U.S. Energy Information Administration economic forecasting model indicates that a proposed 70% cut in CO2 emissions will cause gasoline prices to rise 77% over baseline projections, kill more than 3 million jobs, and
  • reduce average household income
  • by more than $4,000 each year."...
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Gas price was $1.79 when Obama was inaugurated, January 20, 2009. (Rated true by Politifact.) It's $3.80 on 9/27/12.

The average price for a gallon of gas in 2005 was $2.30 and Bush was blamed. Why isn't Obama?:


4/27/2005, "Bush fails to persuade Saudis to cut oil price," by Michael Gawenda, Sydney Morning Herald Correspondent in Washington

"With US petrol prices up almost 25 per cent in six months and with polls showing that Americans blame the Bush Administration for these price increases, Mr Bush said oil was top of the agenda at his meeting with Prince Abdullah."...

Reuters reports gas prices don't matter under Obama and won't matter to voters. To make sure you get their message, Reuters has a big picture of a voter going into a polling place to vote for Obama in 2008:

8/22/12, "Rising gas prices not a big concern for voters,"
Reuters, John Whitesides




Reuters caption, "A voter arrives at a polling location to vote
in Portland, Maine , Nov. 4, 2008" (When Obama was elected
over fake candidate McCain).
 
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The financial survival of the UK monarchy is dependent on the world believing in catastrophic man made global warming. Much of the monarchy's income will derive from lease payments for offshore wind turbines:  

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10/24/10, "'It is wholly inappropriate that the Palace should have such a direct interest in a subject like windfarms, given Prince Charles's obsession with renewable energy. It raises the question as to whether he is seeking to increase his own
each time he makes a favourable reference to wind power.'"

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