tisdag 18 oktober 2011
Climate Crisis vs Financial Crisis?
CO2 alarmism is based on the Kiel-Trenberth global energy budget with massive two-way transfer of heat energy between the atmosphere and the Earth of the order of 350 W/m2 as Downwelling/Upwelling Longwave Radiation (DLR/ULR), about the same as the total input from the Sun.
There is an analogy in global economy as a massive two-way transfer of money between state and people, or between central banks and commercial banks. The financial crisis can be seen as an expression of the instability arising from such a massive two-way transfer, which appears to create heaps of money out of nothing, like writing 0 = 100 - 100 and seeing 100s appearing from 0.
DLR/ULR similarly represents an instability of global climate, which by CO2 alarmists is being used to sell a climate crisis.
The financial crisis is real, because there is an unstable two-way flow of money between state and people. The question is now if the climate crisis is real, because there is an unstable two-way flow of heat energy between the atmosphere and the Earth as DLR/ULR?
In short: Is DLR/ULR reality or fiction? Does Nature have a central bank which can issue energy bonds and supply a global climate market with energy capital, out of nothing?
No, there is no direct evidence that Nature has such a central bank. There is no direct evidence that DLR/ULR is real, and thus there is no direct evidence of a climate crisis.
GWPF reports Europe Reconsidering Its Unilateral Climate Policy. It is clear that Europe cannot handle both a financial crisis and a climate crisis. If there is no climate crisis after all, then the financial crisis may be possible to resolve by limiting the unstable two-way transfer of money, following what Mother Earth is doing with the flow of energy to keep a stable climate.