Showing posts with label Al Gore. Show all posts
Showing posts with label Al Gore. Show all posts

Friday, January 30, 2009

US SENATE COMMITTEE: James Hansen’s Former NASA Supervisor Declares Himself a Skeptic - Says Hansen "Embarrassed NASA"

A piece written on US Senate committee of Environment and public works website about the NASA warming scientist James Hansen, one of former Vice President Al Gore’s closest allies in the promotion of man-made global warming fears, is being publicly rebuked by his former supervisor at NASA retired atmospheric scientist Dr. John S. Theon.


Unlike most of the nonsense written about that supports the Global Warming religion, this piece has once again slipped past the moronic mainstream media hacks who lap up Gore and his disciples.

It is rather long but well worth the read.


Says Hansen ‘Embarrassed NASA’ & ‘Was Never Muzzled’ 

Gore Faces More Scientific Blowback  

Also See: Gore’s Inconvenient Astronaut: NASA Moonwalker Defies Gore's Claim That Skeptics Are Akin To Those Who Believe Moon Landing was 'Staged'   

[ See: Senator Inhofe’s YouTube Clip on Hansen’s former supervisor: ]

 

Washington DC: NASA warming scientist James Hansen, one of former Vice President Al Gore’s closest allies in the promotion of man-made global warming fears, is being publicly rebuked by his former supervisor at NASA.

 

Retired senior NASA atmospheric scientist Dr. John S. Theon, the former supervisor of James Hansen, NASA’s vocal man-made global warming fears soothsayer, has now publicly declared himself a skeptic and declared that Hansen “embarrassed NASA” with his alarming climate claims and said Hansen was “was never muzzled.”  Theon joins the rapidly growing ranks of international scientists abandoning the promotion of anthropogenic global warming fears. [See: U.S. Senate Minority Report Update: More Than 650 International Scientists Dissent Over Man-Made Global Warming Claims & See Prominent Scientist Fired By Gore Says Warming Alarm ‘Mistaken’  &  Gore laments global warming efforts: 'I've failed badly' - Washington Post – November 11, 2008  ]

 

 

 

“I appreciate the opportunity to add my name to those who disagree that global warming is man-made,” Theon wrote to the Minority Office at the Environment and Public Works Committee on January 15, 2009. “I was, in effect, Hansen's supervisor because I had to justify his funding, allocate his resources, and evaluate his results. I did not have the authority to give him his annual performance evaluation,Theon, the former Chief of the Climate Processes Research Program at NASA Headquarters and former Chief of the Atmospheric Dynamics & Radiation Branch explained. [Note: Here are the results a Google Scholar search on Theon. - Theon's complete written correspondence to EPW reprinted at the end of this report. ]

 

 

“Hansen was never muzzled even though he violated NASA's official agency position on climate forecasting (i.e., we did not know enough to forecast climate change or mankind's effect on it). Hansen thus embarrassed NASA by coming out with his claims of global warming in 1988 in his testimony before Congress,” Theon wrote.  [Note: NASA scientist James Hansen who runs NASA's Goddard Institute for Space Studies (GISS) has created worldwide media frenzy with his dire climate warnings, his call for trials against those who dissent against man-made global warming fear, and his claims that he was allegedly muzzled by the Bush administration despite doing 1,400 on-the-job media interviews - See: Don’t Panic Over Predictions of Climate Doom - Get the Facts on James Hansen  & UK Guardian: NASA scientist calls for putting oil firm chiefs on trial for 'high crimes against humanity' for spreading doubt about man-made global warming – June 23, 2008 &  NYT's Revkin chides Hansen for promoting sea level claims that are at upper boundary of what is 'even physically possible' (Note: Headline re: Revkin and Hansen corrected) ]

 

Theon declared “climate models are useless.” “My own belief concerning anthropogenic climate change is that the models do not realistically simulate the climate system because there are many very important sub-grid scale processes that the models either replicate poorly or completely omit,” Theon explained. “Furthermore, some scientists have manipulated the observed data to justify their model results. In doing so, they neither explain what they have modified in the observations, nor explain how they did it. They have resisted making their work transparent so that it can be replicated independently by other scientists. This is clearly contrary to how science should be done. Thus there is no rational justification for using climate model forecasts to determine public policy,” he added.

 

“As Chief of several of NASA Headquarters’ programs (1982-94), an SES position, I was responsible for all weather and climate research in the entire agency, including the  research work by James Hansen, Roy Spencer, Joanne Simpson, and several hundred other scientists at NASA field centers, in academia, and in the private sector who worked on climate research,” Theon wrote of his career. “This required a thorough understanding of the state of the science. I have kept up with climate science since retiring by reading books and journal articles,” Theon added. (LINK) Theon also co-authored the book Advances in Remote Sensing Retrieval Methods.

 

Hansen 'is a political activist who spreads fear'

 

Award-winning NASA Astronaut and Physicist Walter Cunningham of NASA’s Apollo 7 also recently chastised Hansen. “Hansen is a political activist who spreads fear even when NASA’s own data contradict him,” Cunningham wrote in an essay in the July/August 2008 issue of Launch Magazine. “NASA should be at the forefront in the collection of scientific evidence and debunking the current hysteria over human-caused, or Anthropogenic Global Warming (AGW). Unfortunately, it is becoming just another agency caught up in the politics of global warming, or worse, politicized science,” Cunningham wrote.

 

[Note: Theon joins many current and former NASA scientists in dissenting from man-made climate fears. A small sampling includes: Aerospace engineer and physicist Dr. Michael Griffin, the former  top administrator of NASA, Atmospheric Scientist Dr. Joanne Simpson, the first woman in the world to receive a PhD in meteorology and is formerly of NASA, Geophysicist Dr. Phil Chapman, an astronautical engineer and former NASA astronaut, Award-Winning NASA Astronaut/Geologist and Moonwalker Jack Schmitt, Chemist and Nuclear Engineer Robert DeFayette was formerly with NASA’s Plum Brook Reactor, Hungarian Ferenc Miskolczi, an atmospheric physicist with 30 years of experience and a former researcher with NASA's Ames Research Center, Climatologist Dr. John Christy, Climatologist Dr. Roy W. Spencer, Atmospheric Scientist Ross Hays of NASA's Columbia Scientific Balloon Facility]

 

 Gore faces a much different scientific climate in 2009 than the one he faced in 2006 when his film An Inconvenient Truth was released. According to satellite data, the Earth has cooled since Gore’s film was released,  Antarctic sea ice extent has grown to record levels, sea level rise has slowed, ocean temperatures have failed to warm, and more and more scientists have publicly declared their dissent from man-made climate fears as peer-reviewed studies continue to man-made counter warming fears. [See: Peer-Reviewed Study challenges 'notion that human emissions are responsible for global warming' & New Peer-Reviewed Scientific Studies Chill Global Warming Fears ]

“Vice President Gore's and the other promoters of man-made climate fears' endless claims that the 'debate is over' appear to be ignoring scientific reality,” Senator James Inhofe, Ranking Member of the Environment & Public Works Committee.

A U.S. Senate Minority Report released in December 2008 details over 650 international scientists who are dissenting from man-made global warming fears promoted by the UN. Many of the scientists profiled are former UN IPCC scientists and former believers in man-made climate change that have reversed their views in recent years. The report continues to grow almost daily. We have just received a request from an Italian scientist, and a Czech scientist to join the 650 dissenting scientists report. A chemist from the U.S. Naval Academy is about to be added, and more Japanese scientists are dissenting. Finally, many more meteorologists will be added and another former UN IPCC scientist is about to be included. These scientists are openly rebelling against the climate orthodoxy promoted by Gore and the UN IPCC.

The prestigious International Geological Congress, dubbed the geologists' equivalent of the Olympic Games, was held in Norway in August 2008 and prominently featured the voices of scientists skeptical of man-made global warming fears. Reports from the conference found that Skeptical scientists overwhelmed the meeting, with  '2/3 of presenters and question-askers hostile to, even dismissive of, the UN IPCC' ( See full reports here & here ]  In addition, a 2008 canvass of more than 51,000 Canadian scientists revealed 68% disagree that global warming science is “settled.”   A November 25, 2008, article in Politico noted that a “growing accumulation” of science is challenging warming fears, and added that the “science behind global warming may still be too shaky to warrant cap-and-trade legislation.”  More evidence that the global warming fear machine is breaking down. Russian scientists “rejected the very idea that carbon dioxide may be responsible for global warming”. An American Physical Society editor conceded that a “considerable presence” of scientific skeptics exists.  An International team of scientists countered the UN IPCC, declaring: “Nature, Not Human Activity, Rules the Climate”.  India Issued a report challenging global warming fears.  International Scientists demanded the UN IPCC “be called to account and cease its deceptive practices.”  

The scientists and peer-reviewed studies countering climate claims are the key reason that the U.S. public has grown ever more skeptical of man-made climate doom predictions. [See: Global warming ranks dead last, 20 out of 20 in new Pew survey. Pew Survey  & Survey finds majority of U.S. Voters - '51% — now believe that humans are not the predominant cause of climate change' - January 20, 2009 - Rasmussen Reports ]  

 

 The chorus of skeptical scientific voices grow louder in 2008 as a steady stream of peer-reviewed studies, analyses, real world data and inconvenient developments challenged the UN’s and former Vice President Al Gore's claims that the "science is settled" and there is a "consensus."

On a range of issues, 2008 proved to be challenging for the promoters of man-made climate fears.  Promoters of anthropogenic warming fears endured the following: Global temperatures failing to warm; Peer-reviewed studies predicting a continued lack of warminga failed attempt to revive the discredited “Hockey Stick”; inconvenient developments and studies regarding rising CO2; the Spotless Sun; Clouds; Antarctica; the Arctic; Greenland’s ice; Mount Kilimanjaro; Global sea ice; Causes of Hurricanes; Extreme Storms; Extinctions; Floods; Droughts; Ocean Acidification; Polar Bears; Extreme weather deaths; Frogs; lack of atmospheric dust; Malaria; the failure of oceans to warm and rise as predicted.    

Theon’s complete written correspondence to EPW reprinted below:  

-----Original Message-----
From: Jtheon [mailto:jtheon@XXXXXXX]
Sent: Thursday, January 15, 2009 10:05 PM
To: Morano, Marc (EPW)

Subject: Climate models are useless 

Marc, First, I sent several e-mails to you with an error in the address and they have been returned to me. So I'm resending them in one combined e-mail. 

Yes, one could say that I was, in effect, Hansen’s supervisor because I had to justify his funding, allocate his resources, and evaluate his results. I did not have the authority to give him his annual performance evaluation. He was never muzzled even though he violated NASA’s official agency position on climate forecasting (i.e., we did not know enough to forecast climate change or mankind's effect on it). He thus embarrassed NASA by coming out with his claims of global warming in 1988 in his testimony before Congress. 

My own belief concerning anthropogenic climate change is that the models do not realistically simulate the climate system because there are many very important sub-grid scale processes that the models either replicate poorly or completely omit. Furthermore, some scientists have manipulated the observed data to justify their model results. In doing so, they neither explain what they have modified in the observations, nor explain how they did it. They have resisted making their work transparent so that it can be replicated independently by other scientists. This is clearly contrary to how science should be done. Thus there is no rational justification for using climate model forecasts to determine public policy. 

With best wishes, John 

# #  

From: Jtheon [mailto:jtheon@XXXXXX]
Sent: Tuesday, January 13, 2009 12:50 PM
To: Morano, Marc (EPW)

Subject: Re: Nice seeing you

Marc, Indeed, it was a pleasure to see you again. I appreciate the opportunity to add my name to those who disagree that Global Warming is man made.  A brief bio follows. Use as much or as little of it as you wish. 

John S. Theon Education: B.S. Aero. Engr. (1953-57); Aerodynamicist, Douglas Aircraft Co. (1957-58); As USAF Reserve Officer (1958-60),B.S. Meteorology (1959); Served as Weather Officer 1959-60; M.S, Meteorology (1960-62); NASA Research Scientist, Goddard Space Flight Ctr. (1962-74); Head Meteorology Branch, GSFC (1974-76); Asst. Chief, Lab. for Atmos. Sciences, GSFC (1977-78);  Program Scientist, NASA Global Weather Research Program, NASA Hq. (1978-82); Chief, Atmospheric Dynamics & Radiation Branch NASA Hq., (1982-91); Ph.D.,  Engr. Science & Mech.: course of study and dissertation in atmos. science (1983-85); Chief, Atmospheric Dynamics, Radiation, & Hydrology Branch, NASA Hq. (1991-93); Chief, Climate Processes Research Program, NASA Hq. (1993-94); Senior Scientist, Mission to Planet Earth Office, NASA Hq. (1994-95); Science Consultant, Institute for Global Environmental Strategies (1995-99); Science Consultant  Orbital Sciences Corp. (1996-97) and NASA Jet Propulsion Lab., (1997-99).      

As Chief of several NASA Hq. Programs (1982-94), an SES position, I was responsible for all weather and climate research in the entire agency, including the  research work by James Hansen, Roy Spencer, Joanne Simpson, and several hundred other scientists at NASA field centers, in academia, and in the private sector who worked on climate research. This required a thorough understanding of the state of the science. I have kept up with climate  science since retiring by reading books and journal articles. I hope that this is helpful.   

Best wishes, John   

# # #   

Global Warming and Other Eco Myths: How the Environmental Movement Uses False Science to Scare Us to DeathGlobal Warming and Other Eco Myths: How the Environmental Movement Uses False Science to Scare Us to Death byCompetitive Enterprise Institute 
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The Myth of the Oil Crisis: Overcoming the Challenges of Depletion, Geopolitics, and Global WarmingThe Myth of the Oil Crisis: Overcoming the Challenges of Depletion, Geopolitics, and Global Warming by Robin M. Mills 
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c Political Animal 2009

Wednesday, September 3, 2008

ACT PRESS RELEASE: Rodney Hide-Emissions Trading Bill speech

One of the best speeches made in parliament this year.


Wednesday, 3 September 2008, 9:44 am Speech: ACT New Zealand

Press Release

Climate Change (Emissions Trading And Renewable Preference) Bill

Rodney Hide MP Tuesday, september 2 2008

Speech to Parliament; Tuesday, September 2 2008

I think I will be the only person speaking in this debate who has any qualifications in environmental science.

It is not that that should count, but I think that it is significant for what I am about to say—that is, that the entire climate change - global warming hypothesis is a hoax, that the data and the hypothesis do not hold together, that Al Gore is a phoney and a fraud on this issue, and that the emissions trading scheme is a worldwide scam and swindle.

Enacting this legislation will cost New Zealanders dear—that is the point of it - and it will drive up the costs of basic goods and services for New Zealanders probably by at least $500 or $600 a year.

It will put businesses in New Zealand out of business, and put farmers off their farms. It will put businesses in New Zealand out of business. It will put farmers off their farms. And it will do all this for no impact on world weather, for no environmental gain, and for no conceivable advantage to New Zealand or to the world.

Yes, it is bad that we are rushing this legislation through in the dying days of a teetering regime, propped up by a *Minister of Foreign Affairs who is under investigation for serious and complex fraud.

That is bad, but it is the impact that this legislation and this policy will have on New Zealanders that is so truly shocking. All we have in this is a computer model. That is notoriously difficult, because the answers are written in the assumptions. Let me give members just one example.
The problem for the first two Intergovernmental Panel of Climate Change reports was what was called the medieval warming period, where a thousand years ago the Earth was warmer than it is now.

Then, magically, an obscure physicist in the US came up with a new bit of analysis - the hockey stick - that showed world temperature to be flat and then rising dramatically as the world became industrialised. The Intergovernmental Panel on Climate Change grabbed this, put it on the front of its document, and repeated it five times.

Researchers all around the world were puzzled by this, because it did not fit any of their data. Eventually they got hold of that computer model and they discovered this: any numbers fed into that model would produce the hockey stick.

We could take the Wellington telephone directory, feed it into the model that the Intergovernmental Panel on Climate Change used in 2001, and we would get the hockey stick that saw the world running scared, that saw policy-makers running scared, and saw Al Gore make his movie based on it.

The science was rubbish, because a computer model is not science. Science is about theories, hypothesis, and the testing of these against the facts. That is not what has happened in the basic science here. That is bad enough, but what is worse is the policy rationale underpinning this legislation. The Minister would come before the select committee and talk about a "cap and trade" but, when asked, would say: "Yes, there is no cap." We are creating a market in hot air, without any quantified amount.

Monday, August 18, 2008

Mark Weldon strikes out on Carbon Trading

When Mark Weldon came from a well paid Wall Street job at the beginning of this century to become CEO of the New Zealand Stock Exchange [NZX.NZ] I held much promise for this dynamic, ambitious, innovative and successful young man.

Weldon has fostered the NZX from a economic backwater exchange into a more broad based one with more revenue streams-even though it is still a underdeveloped exchange, but that is another story.

Unfortunately Weldon's latest push for more revenue, in the form of launching a "Carbon Trading platform", whatever that means, is at the risk of ameliorating his good results so far, and more.

Weldon seems to have caught the zealotry nature of the carbon trading Nazis , like Minister for "Climate Change", whatever that means, David Parker.

Mark talks of his TZ1 Carbon Platform as "leading the world" and "innovative".

"The most important thing NZX can do here is get the right CEO, free the business to succeed, and hold a high quality team accountable for results."

No it isn't Mark. Trading a real asset is the most important part of any market. Even if you had the smartest person in the world who fully understood the carbon trading market, you will still find it impossible to make this kind of platform a long term success because of its fraudulent nature.

Mark Weldon goes on:

"Mark Franklin is the perfect CEO for TZ1. He has the right technical background, knowledge, relationships, credibility, strategic skills and drive. Mark chose this position ahead of a number of global roles on offer to him - a choice that reflects his belief in the potential of this market.

Quite frankly we have heard this kind of enthusiasm for business and markets based on nothing for as long as human beings have had a history. The majority of Internet businesses and wild poppies traded in Holland during the 1600s were two similar fake manipulated markets and both of them collapsed with spectacular results.

The carbon trading market collapse will make those meltdowns look like a Tom Hanks and Meg Ryan movie.

The carbon trading market and the "economics" on which it is based has its genesis in the fraud that is the Enron invented carbon trading market and its associated Al Gore pushed "climate change" movement, scientifically disproved and with a negative economic impact rather than a positive one-which clearly makes it a liability rather than an asset.

To put so much misplaced faith in a market for trading carbon credits simply defies economics 101, something that Mark should have remembered from his 3rd form economic class-an asset has to have a clear value, be easily understood have a real demand based on an intrinsic value, not a demand pent up by politicians and scientists on the State breast-in other words a false market.

When the price of an asset is based on the regulator or principle organiser of trading that asset, TZ1 in this case, or the government setting or influencing the carbon price, then the relationship of trading to the value of that asset is not only artificial but in the long term unsustainable, in the true sense of that word, and will eventually lead to its collapse.

Mark Weldon has forgotten the basics to investing, what an asset is, the fact that a market relies on real assets to have any chance of a long term future and the history of previous economic collapses.

Putting faith in "Carbon Trading", being excited and passionate about it being a huge success is a thin veneer pasted over the reality behind it that it is based on a fraud.

You should be ashamed of yourself Mark.


Related Share Investor reading

Carbon Credit trading puts global markets at extreme risk
Of Tulip bulbs and Tooth fairies
Global warning: Tax iceberg ahead

Related links

TZ1 Market
Kristen Byrne - 15 year old schoolgirl debunks climate change myth

NZX financial data



Related Amazon Material

The Great Global Warming Swindle (DVD)The Great Global Warming Swindle (DVD)
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c Share Investor 2008

Wednesday, May 7, 2008

The Great Global Warming Swindle[UPDATE]

Prime TV which is part of the Sky TV stable, is going to show the documentary "The Great Global Warming Swindle", the antidote to Al Gore's fictional "The Inconvenient Truth".

The major networks have been bereft of any balls, having had the best part of a year to play TGGWS but news producers have let it slip. TV One played Al Gore's ode to Michael Moore though earlier this year.

Our own Helen Clark and David Parker, Minister of hot air, should clear their schedules to watch, so they can redefine their religious zealotry towards those of us who already know it is one of history's great cons.

The Documentary, from Britain was screened last year to much acclaim.

Prime will show "The Great Global Warming Swindle" Sunday June 1 at 8.30pm.





The great global warming swindle - Part 2
The great global warming swindle - Part 3
The great global warming swindle - Part 4


Related Political Animal reading

Unstoppable global warming
Global Warning: Tax Iceberg Ahead
Kyoto critic comes to town - Sunday Star Times
Carbon Credit trading puts Global markets at extreme risk
Of Tulip Bulbs and Tooth Fairies
Ponder the Maunder - 15 Yr old Kristin Byrne explodes the GW myth

c Political Animal 2008




Friday, April 25, 2008

TIME Magazine slips inconvenient truths past it's readers


An absolute cracker of an editorial in a business paper that I picked up while in a recent visit to San Francisco.


The paper gives a more enlightened and investigative view rather than the left wing drivel that comes from the likes of the New York Times and Washington Post.


On issues like so-called climate change the papers writers are spot on. In reference to the latest dross written in this weeks TIME magazine the magazines authors leave out the inconvenient truth(thanks Al) about an article they wrote in 1974 about an impending ice age. They do not reference THAT article in their 2008 diatribe.


Politicians in New Zealand and globally would do well to pick up and read such fact based writing, for the fairy dust stuff they are basing economically disastrous rorts such as carbon trading and associated taxes is only going to see an end to our way of life as we know it.

Food shortages because of wasteful and environmentally unfriendly bio-fuel production is only the start.



By INVESTOR'S BUSINESS DAILY Posted Friday, April 18, 2008 4:20 PM PT


Media: Time calls green "the new red, white and blue" and likens global warming to the fight against Nazism and fascism. As it insults World War II vets, the magazine seeks to impose a tyranny all its own.

We never cease to be amazed by the inability of the left to feel shame and its lack of reverence for America and those who defend its freedoms, including the right to be stupid. The cover of the April 21 issue of Time, taking the famous Joe Rosenthal photo of Marines planting our flag on the blood-soaked island of Iwo Jima and replacing our flag with a tree, qualifies for obscenity of the year.

It echoes the greenie theme first advanced by Al Gore in his book "Earth In The Balance" that the internal combustion engine is the greatest threat in the history of mankind. Gore and Bill Clinton have both said that global warming is ultimately a greater threat than terrorism.
That, admitted Time managing editor Richard Stengel, was the thinking behind the cover story. "One of the things we do in this story," he said last week on MSNBC, "is we say there needs to be an effort along the lines of preparing for World War II to combat global warming and climate change."


This trivializing of the sacrifice of American blood and treasure to defend freedom ignores the fact that in World War II we faced a real enemy with a terrible agenda. The bombs that fell on Pearl Harbor were quite real, not the output of some badly fed computer model.
"Global warming may or may not be a significant threat to the United States," Tim Holbert, a spokesman for the American Veterans Center, told the Business and Media Institute (BMI): "The Japanese Empire on February 1945, however, certainly was, and this photo trivializes the most recognizable moment of one of the bloodiest battles in U.S. history."


It was not that long ago that the media, including Time, was singing a different tune and waging a different war.


An article in its June 24, 1974, issue entitled "Another Ice Age?" told of how, "when meteorologists take an average of temperatures around the globe, they find that the atmosphere has been gradually cooler for the past three decades."


Time spoke then of a "global climatic upheaval" and "climatological Cassandras who are becoming increasingly apprehensive, for the weather aberrations they are studying may be the harbinger of another ice age."


Reputable scientists and satellite and other observations have noted another cooling period under way since 1998. Declining solar activity in the current cycle correlates with other cool periods in Earth's history. It ties in perfectly with climate history that shows the warming and cooling of Earth is a natural and cyclical process.


A man who knows a little about fighting totalitarianism, Vaclav Klaus, president of the Czech Republic, wrote in the Financial Times last year:


"As someone who lived under communism for most of his life, I feel obliged to say that I see the biggest threat to freedom, democracy, the market economy and prosperity now in ambitious environmentalism, not communism. This ideology wants to replace the free and spontaneous evolution of mankind by a sort of central (now global) planning."


Lt. John Keith Wells, leader of the platoon that raised the flags on Mt. Suribachi, told BMI: "That global warming is the biggest joke I've ever known." He knows a real enemy and a real threat when he sees one.


Related Political Animal reading
Kyoto critic comes to town - Sunday Star Times
Ponder the Maunder - 15 Yr old Kristin Byrne explodes the GW myth

c Political Animal 2008

Thursday, November 29, 2007

The Carbon Fairy has no clothes on

In what is clearly gearing up to be one of history's greatest financial explosions and implosion when it all inevitably collapses, is news today that the carbon trading "market" tripled in size to US$30 Billion last year.

With this market built on failed "science", lies and spruiking by the likes of wealthy green investors Al Gore and Leonardo Di Caprio, like all markets built on such flimsy backgrounds the money made, and there will be billions, will be made by those that get on the greenwagon first:

Since co-founding Climate Change Capital in 2003, James Cameron and his business partner Mark Woodall have turned their company into a powerhouse in the burgeoning global market in greenhouse gases. Driven by the Kyoto Protocol on global warming, an accord Cameron helped write, this corner of the derivatives arena is growing as never before.


Clearly, Cameron and Woodall are smart cookies but these self interested scam artists, who have written their own rules and now profit from them by "investing" other peoples hard earned cash into worthless carbon credits will be the first to withdraw their own funds when the climate change hysteria is revealed for what it is, that the sun simply getting hotter.

http://www.bbc.co.uk/norfolk/content/images/2007/02/02/carbon_footprint_400_03_400x300.jpg
A Carbon footprint recently traded on Ebay for
US$1 Million.


I am old enough to remember similar things happening during the dot com era where mum and dad investors piled into worthless "businesses" and the big boys got out first before the truth about the bulk of silicon valley Internet companies hit the investment fan.

The same thing is going to happen with the carbon trading market.


Related Share Investor Reading

Rod Oram: On the Prius to Obscurity
Another reason to ignore Rod Oram
Rob Fyfe's "Environmental Extremism"
Carbon Credit Trading puts markets at extreme risk
Mark Weldon Strikes out on Carbon Trading
Quote of the year
Of Tulip bulbs and Tooth fairies
Global warning: Tax iceberg ahead
Mark Weldon in two minds about carbon trading

Related links

Kristen Byrne: Ponder the Maunder - a 15 year old schoolgirl debunks climate change myth

From Amazon


Global Warming and Other Eco Myths: How the Environmental Movement Uses False Science to Scare Us to DeathGlobal Warming and Other Eco Myths: How the Environmental Movement Uses False Science to Scare Us to Death by Competitive Enterprise Institute
Buy used from: $3.77




c Share Investor 2007