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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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From: dvdw©11/5/2007 9:02:12 AM
of 3821
 
OH MY Found Integrity;
From Bullwinkels news aggragator IHub thread
U.N. Scientist Rejects Nobel Prize Share, Denounces Climate Alarmism

Snippets...

I've had a lot of fun recently with my tiny (and unofficial) slice of the 2007 Nobel Peace Prize awarded to the Intergovernmental Panel on Climate Change (IPCC). But, though I was one of thousands of IPCC participants, I don't think I will add "0.0001 Nobel Laureate" to my resume.

The other half of the prize was awarded to former Vice President Al Gore, whose carbon footprint would stomp my neighborhood flat. But that's another story. Large icebergs in the Weddell Sea, Antarctica. Winter sea ice around the continent set a record maximum last month.
newsbusters.org

more...

There are some of us who remain so humbled by the task of measuring and understanding the extraordinarily complex climate system that we are skeptical of our ability to know what it is doing and why. As we build climate data sets from scratch and look into the guts of the climate system, however, we don't find the alarmist theory matching observations. (The National Oceanic and Atmospheric Administration satellite data we analyze at the University of Alabama in Huntsville does show modest warming -- around 2.5 degrees Fahrenheit per century, if current warming trends of 0.25 degrees per decade continue.)

It is my turn to cringe when I hear overstated-confidence from those who describe the projected evolution of global weather patterns over the next 100 years, especially when I consider how difficult it is to accurately predict that system's behavior over the next five days.

Mother Nature simply operates at a level of complexity that is, at this point, beyond the mastery of mere mortals (such as scientists) and the tools available to us. As my high-school physics teacher admonished us in those we-shall-conquer-the-world-with-a-slide-rule days, "Begin all of your scientific pronouncements with 'At our present level of ignorance, we think we know . . .'"

I haven't seen that type of climate humility lately. Rather I see jump-to-conclusions advocates and, unfortunately, some scientists who see in every weather anomaly the specter of a global-warming apocalypse. Explaining each successive phenomenon as a result of human action gives them comfort and an easy answer.

Others of us scratch our heads and try to understand the real causes behind what we see. We discount the possibility that everything is caused by human actions, because everything we've seen the climate do has happened before. Sea levels rise and fall continually. The Arctic ice cap has shrunk before. One millennium there are hippos swimming in the Thames, and a geological blink later there is an ice bridge linking Asia and North America.

One of the challenges in studying global climate is keeping a global perspective, especially when much of the research focuses on data gathered from spots around the globe. Often observations from one region get more attention than equally valid data from another.
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