Roy Spencer posts updates of global satellite based temperatures. Due to the fact that these records began in 1979, which followed forty years of cooling from the 30s to the 70s, the baseline or zero point is lower than if the record extended back to the 30s. Even so, it is difficult to find cause for alarm here. The new bubble to burst, following the dot.com, the subprime, and the looming dollar bust, may be the alternative energy bust, as investors see CO2 as a fading threat and reverse their investment in green energy, and their support for taxpayer subsidies of green energy.
No comments:
Post a Comment