

Data suggests that unknown processes may be missing from prediction models.






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By FITCamaro on 7/16/2009 8:32:14 AM , Rating: 4
More data is needed

This is why jumping to conclusions and trying to spend trillions of dollars to "fight" climate change is retarded. We haven't even scratched the surface as to how our climate works. But we went to spend tons of money and destroy economies and industries based off flawed models?

RE: Exactly
By Ringold on 7/16/2009 2:14:26 PM , Rating: 4

Check out the cap & trade bill the Democrats passed in the House and sent to the Senate; 85% of the emission permits are handed out by the government. It's the largest source of patronage to campaign donors and lobbyists perhaps in history. At least Obama wanted to auction them all off to raise revenue, but Congress wanted a new set of goodies to doll out to buy votes, donations and influence. It should be obvious that this is really why governments are so keen to jump on the global warming bandwagon; the scope to expand their power is almost unlimited.

RE: Exactly
By AnnihilatorX on 7/16/09, Rating: -1
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By Solandri on 7/17/2009 1:09:15 AM , Rating: 5
You're forgetting opportunity costs. Yes green-spawned industries can make money. But non-green industries make more money. So by encouraging green industries over non-green industries, you are stunting economic growth. If the green industries could outperform non-green industries, they wouldn't need government assistance. They would be able to compete and win in the market on their own.

That said, a lot of the non-green industries don't properly account for externalized costs (pollution, decreased quality of life, economic instability due to volatile foreign oil supplies, etc). You could make an argument that if these externalized costs were properly paid for by the industry causing them, the green industries would be competitive or even outperform the non-green industries. And that the government assistance and regulations are necessary to level the playing field.

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Hooray for free steak!

