Ocean carbon release 'ended last Ice Age'

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Boy it must really bug the rabid righties that Al Gore is right. And he was right a long time ago. Smart man. A smart man doing the right thing. A good Christian.
 
Boy it must really bug the rabid righties that Al Gore is right. And he was right a long time ago. Smart man. A smart man doing the right thing. A good Christian.

Blood And Gore: Making A Killing On Anti-Carbon Investment Hype
http://www.forbes.com/sites/larrybe...ing-a-killing-on-anti-carbon-investment-hype/


Surprise! Al Gore and his carbon credit huckstering partner David Blood, both principals at Generation Investment Management (GIM), warn in their October 30 Wall Street Journal op/ed feature of peril to fossil fuel investments due to “The Coming Carbon Asset Bubble”. They argue that such “unwise and increasingly wreck less” investment strategies pose three broad risks which will cause carbon assets to become “stranded” and lose economic value: through direct government carbon regulation; as a result of market-share losses to “already competitive” renewable technologies; and due to “sociopolitical pressures” causing carbon-intensive businesses to lose their “license to operate”.

Marketing Climate Alarm:


Of course this carbon regulation is posited upon saving the Earth based upon a “consensus within the scientific community that increasing the global temperature by more than 2
o
C will likely cause devastating and irreversible damage to the planet.” And where it comes to promulgating and capitalizing upon carbon-climate-crazed sociopolitical pressure, you would be hard-pressed to find two better authorities.

Gore and Blood, the former chief of Goldman Sachs Asset Management (GSAM), co-founded London-based GIM in 2004. Between 2008 and 2011 the company had raised profits of nearly $218 million from institutions and wealthy investors. By 2008 Gore was able to put $35 million into hedge funds and private partnerships through the Capricorn Investment Group, a Palo Alto company founded by his Canadian billionaire buddy Jeffrey Skoll, the first president of EBay Inc. It was Skoll’s Participant Media that produced Gore’s feverishly frightening 2006 horror film, “An Inconvenient Truth”.

In 2007, following an investigation of the movie, Sir Michael Burton, a judge in London’s High Court, ruled that it can be shown in secondary schools only if accompanied by guidance notes for teachers to balance Mr. Gore’s “one-sided” views. Judge Barton pointed out that its “apocalyptical vision” was politically partisan, and not an impartial analysis. He stated: “It is built around the charismatic presence of the ex-vice president Al Gore, whose crusade is to persuade the world of the dangers of climate change caused by global warming…It is now common ground that this is not simply a science film- although it is based substantially on science research and opinion, but it is [clearly] a political film.”

The Browning of those Green Investments:


As for taking their recent investment advice, it might be worth mentioning that some of GIM’s earlier low-carbon deals haven’t always worked out so great.

Optimistic that a Democrat-controlled Congress would pass cap-and-trade legislation Gore lobbied for, GIM and David Blood’s old GSAM firm took big stakes in the Chicago Climate Exchange (CCX) for carbon trading. Accordingly, CCX was poised to make windfall profits selling CO2 offsets if and when cap-and-trade was passed. Speaking before a 2007 Joint House Hearing of the Energy Science Committee, Gore told members: “As soon as carbon has a price, you’re going to see a wave [of investment] in it…There will be unchained investment.”

After all, what better way to reduce evil carbon than to make it a profitable commodity? But unfortunately for GIM and CCX investors, trading hot air credits proved just too good to be true.


(More at above url)
 
New York City Could See Up To Six Feet Of Sea Level Rise This Century: Report
By James Gerken
Posted: 02/17/2015 6:24 pm EST Updated: 22 minutes ago

Climate change is already impacting New York City with rising temperatures and sea levels, which will only worsen as the century continues, according to a report released Tuesday from a panel of scientific experts.

In its 2015 report, the New York City Panel on Climate Change found that the most populous city in the United States is expected to see more frequent heat waves and extreme precipitation events. This is in line with the national and international trends other leading scientific bodies have observed.

The city's average annual temperatures, measured from Central Park, have risen about 3.4 degrees Fahrenheit since 1900. From 1971 to 2000, the average annual temperature in the city was 54 degrees, and models predict a a 4.1- to 5.7-degree increase by the middle of the century. Temperatures are projected to rise 5.3 to 8.8 degrees Fahrenheit by the 2080s.

Sea level rise, however, may pose an even greater challenge for coastal New York. Average sea levels have risen about 1.2 inches per decade in the city since 1900, or about 1.1 feet overall, according to the new report. This is almost twice the average global rate of 0.5 to 0.7 inches per decade.

This trend is expected to accelerate in the coming decades as greenhouse gas emissions generated by human activity continue to trap more of the sun's heat, warming and expanding the oceans and melting land-based glaciers and ice caps, among other contributions.

“The task at hand is daunting -- and that is why we’re making an unprecedented commitment, with a sweeping plan to reduce emissions 80 percent by 2050, and a comprehensive, multi-layered resiliency plan that is already making neighborhoods safer," New York City Mayor Bill de Blasio said in a press statement.

The report's authors project sea levels around New York City will rise 11 to 21 inches by the middle of the century, 18 to 39 inches by the 2080s, and up to 6 feet by 2100. The researchers noted that their projections are specific to New York City, but "projections based on similar methods would not differ greatly throughout the coastal corridor from Boston to Washington, D.C."

"It is virtually certain that sea level rise alone will lead to an increased frequency and intensity of coastal flooding as the century progresses," they wrote. If sea levels rise to the higher end of current projections, twice as much of New York City will lie within the 100-year flood plain in 2100, as compared to 2013.

At 6 feet of sea level rise in 2100, nearly 20 percent of New York City's 469-square-mile land area would have a 1 percent chance of flooding in any given year. A little under 11 percent of the city's area is currently included in the 100-year flood plain, according to a preliminary FEMA assessment released in December 2013.

About 400,000 New Yorkers live within the current 100-year flood plain, which is more than any other U.S. city, including New Orleans.

"Sea level rise is an extremely challenging problem that requires both greenhouse gas emissions reduction and adaptation measures to successfully protect vulnerable coastal areas," Princeton University professor Michael Oppenheimer, who contributed to the report, told The Huffington Post. "This report is a model of how technical information can support decision-making."

More >>

Guess what happens when you build in a flood plain? You get floods.

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Data that they have not yet had the opportunity to adjust:



It's hot in my oven right now.
 
Data that they have not yet had the opportunity to adjust:



In thirty of forty years, we'll be shocked to learn how hot it really was in these cities right now. Once the scientists have adjusted the temps for calibration errors, we'll learn that these frigid temps were just some sort of delusion. A myth.

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