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Politics : Foreign Affairs Discussion Group
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To: Nadine Carroll who wrote (187493)5/26/2006 6:05:45 PM
From: neolib  Read Replies (1) of 281500
 
So what if CO2 is rising? Is it the cause of the warming, or the effect of the warming? Or maybe it is coincidental? Does anybody even know?

Do a thought experiment with that graph I linked for you. Pretend the data for CO2 levels is actually retained income for the investor class in the USA. Set the 'baseline' 280 ppm to be instead 60% retained earnings, i.e. the effective income that this class keeps after tax. Set the current level of 370 ppm to be 65%. I.e. the graph now shows an effective taxation change from 40% down to 35% (as retained earning move from 60% up to 65%). Next change the temp data to be USA GDP year-year growth. Set the "baseline" at about 3% and scale the current peak to be 5%. Change the timescale to reflect perhaps a total of a few decades.

Now if you were staring at that data with those scale numbers, what conclusions would you draw. I'm sure you are smart enough to understand that what the data represents, and what the scale factors on either axis are, is totally independent of cause/effect or degree of correlation. But I can assure you, if such a graph reflects the data I have given above, all the libertarian supply side economics institutes out there would wet their pants with joy to have such a compelling graph "proving" supply-side tax theory. In reality, no such compelling graph exist. But the same crowd, when the data and scale factors are CO2 and global temp, will find all sorts of counter-arguments.
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