Showing posts with label climate. Show all posts
Showing posts with label climate. Show all posts

Tuesday, October 17, 2023

Due diligence on the notion of "responsible investing" is needed

Today I was moved to write a detailed response to an article I came across, titled From KYC to KYP: how one advisor weaves responsible investing into his practice. Here is my response.

I have examined the ESG, "responsible investing" and "sustainable" taglines for many years, doing my due diligence to decide if they have merits worth including in my practice. I have found them all to be so badly defined, to include so many biases, fallacies and outright falsehoods, and to be so fundamentally immoral that I want nothing to do with them.

The prime example is anything to do with carbon dioxide emissions, global warming, climate change, net zero and the linked ideas. In a world where 6 billion people would be incredibly jealous of the energy we have access to and the resulting life-enhancing technologies powered by this energy, and reducing poverty is the most important way to improve the lives of billions, the world can desperately use vastly more energy.

Fossil fuels currently provide over 80% of world energy and are the fastest-growing energy source as measured by the amount of energy created. Every single country that has emerged from poverty has done so using fossil fuel energy to enhance life and every country now trying to do so chooses fossil fuels as the primary energy source. Why? Because of the unique and currently irreplaceable qualities of fossil fuels, including availability, energy density, affordability, scalability, flexibility. Despite decades of taxpayer subsidies for wind and solar combined with policies impeding fossil fuels, the percentage of world energy from fossil fuels has been steady. Also, wherever wind and solar are adopted, to the degree they are added to the grid, the cost of electricity rises.

There are huge biases and great context-dropping when many people think about energy. While the advantages of fossil fuels are downplayed or completely ignored, the advantages of wind and solar are over-hyped. While the disadvantages of fossil fuels are over-hyped and demonized, the disadvantages of wind and solar are mostly overlooked. The most thoughtful examination of the flawed thinking process I have seen is provided by energy expert Alex Epstein, author of the 2022 book "Fossil Future" and of www.energytalkingpoints.com. Time and again Epstein provides evidence and ideas that no one has been able to refute, and opponents of his ideas are almost all afraid to debate him.

For a great look at how the UN social development goals can actually be met using just a fraction of the money wasted on climate change issues, I recommend the work of economist Bjorn Lomborg and his organization The Copenhagen Consensus. This includes his books "False Alarm" and "Best Things First."

For an excellent look at the science of what we actually know about our climate I highly recommend the book "Unsettled" by Steven Koonin, one of the world's leading scientists and former Obama appointee. Koonin aptly distills the science literature, showing where the gap between what we know and what is commonly believed has been created and persists.

In summary, my research shows that for those who actually care about improving human life, the ESG/RI/Sustainable movements as constituted are so far off-target as to be against human flourishing and I condemn them as immoral. I recommend that financial advisors and investment management companies do deep due diligence on this subject as I have, in which case they will find an overwhelming body of evidence that supports the rejection of the ESG/RI/Sustainable taglines. I want nothing to do with them and when clients very occasionally ask, I have clear and definitive evidence from every knowledge discipline to back everything I say on this subject.

Monday, September 19, 2022

Climate of injustice

 A response to a letter in The Low Down, Sept 14-20, 2022 titled "Together for climate justice"

I am responding to the seemingly endless demands by the La Peche Coalition for a Green New Deal to forcefully implement policies to combat the gas of life - carbon dioxide. It is sad to read so many letters based on ignorance of science, economics and most of all a proper ethical framework.

For over 20 years I have closely followed the evolution of scientific knowledge about our climate by reading many books written by eminent scientists and subject-matter experts and keeping an eye on many of the thousands of studies connected to the Earth's climate. Long ago I could tell from a broad review of the literature that climate alarmism was based on distortions, bad statistical and scientific methodology, and most of all bad ideology. The premise that the Earth is a delicate nurturer best left untouched by man's activities is contrary to the nature of human life, which is to apply reason to the challenges of survival in a naturally dangerous and deficient environment. Humans thrive only by reshaping and improving our world. I have come across thousands of studies and many basic facts of reality that directly contradict the idea that there is any kind of climate crisis and anyone who does a broad reading of the literature would easily find the same. I encourage readers to see for themselves, perhaps starting with the recent book "Fossil Future" that provides an irrefutable case and moving on from there for those who want more technical information.

Economically, fossil fuel energy presently makes up more than 80% of the world energy supply and is always the best and preferred way for poor countries to solve their problems of starvation, disease and suffering. Three billion people have less energy than a typical refrigerator and have a massive need for more energy. Alarmists almost always ignore the massive benefits of fossil fuel energy and focus only on the manageable side-effects, like focusing only on vaccine side-effects and ignoring the benefits. Wind and solar may have a small role to play in generating electricity but due to their intermittent, dilute and unreliable nature they are spectacularly unsuited for economical grid-scale power, plus require massive mining projects mostly in third world countries and dictatorships, leading to horrible pollution problems. A call to end fossil fuel energy is a call for the continuation of uman suffering for the billions of people who do not yet enjoy our level of energy capability and te mass murder of those who would lose the life-giving energy from fossil fuels we now enjoy. 

Politically, a call for a green new deal is a call for fascism, as few populations will voluntarily choose societal suicide for very long. Witness the dramatic policy reversal in the UK when it became clear that mass suffering would quickly result from the loss of reliable, cheap energy. If all state coercion and subsidies was removed from the energy market and humans were free to produce and trade, I know there would be almost no wind and solar infrastructure built and human progress would leap forward.

Ethically, the right framework is one of respect for human rights: your right to peacefully pursue your own values and to keep the product of your work. It is unethical to lie about the state of scientific knowledge in an effort to achieve power over the lives of others, unethical to call for the destruction of a safe, cheap and reliable energy system that sustains the lives of billions of people with no viable replacement in hand, unethical to cry for the use of political force against billions of innocent people trying to live in peace. The right ethical path is one towards an objective assessment of reality, the recognition of the ability of individuals to think for themselves and to produce values to trade with others and a government whose function is to protect our rights and never violate them. We have a long way to go but a move in the right direction would be a good start. It begins with every individual thinking.

Sunday, May 15, 2022

A response to "The horrible possibility of a sixth extinction event"

When my news feed delivered an article titled "The horrible possibility of a sixth extinction event" written by a man who is stated to have spent the last few years writing a book on climate change I took a peek and then because the article was so heavy on politics and projections while being short on science and reason I was moved to write a short rebuttal.

At the bottom of the article there is a list of 22 references but they are almost all links to political bodies, political documents or opinion pieces. Not one of them is a link to an observation of meaningful observations of reality in the full context. I will quote from the article and provide well-known scientific data such as you can find in the scientific literature or textbooks for each to illustrate just how far from reality are the claims made in the article and presumably the author's book.

Statement 1. "Everyone is aware of the fires and floods and dire predictions for the future."

Rebuttal 1. Awareness of news does not mean it is a fact. Since we have access to news about everywhere and everything all the time it is easy to mis-perceive reality without objective measurements to put information into context and make it knowledge. The study below clearly shows a large decrease in North American wildfires since the industrial revolution. This is due to factors such as better land management, fire detection and suppression technologies, all powered by abundant affordable and scalable fossil fuel energy.

The same goes for drought, by the way, with a steady decline over recent decades due to technologies like irrigation, fertilizers, weather forecasting and the like.
When it comes to floods, I presume the author refers to floods caused by sea level rise. In this case, like the others I will touch on, the full context includes looking at the historical record rather than models projecting doom. The graph that follows shows sea level over the last 24,000 years and highlights the effect of the end of the last glaciation that led to a sea level increase of 120 meters as most of the ice sheets covering land melted. The last few thousand years include a very gradual and steady rise, although this varies significantly depending on where the measurement is made. Tectonic plates move and collide steadily and some land masses are still rebounding from the mass of ice that pushed them down for millennia. Thanks to abundant machine energy humans can modify their shorelines and even raise buildings and cities if needed. With sea level changing slowly and steadily we have plenty of time to adapt to local changes. People in the Netherlands have managed to live below sea level for centuries and more people than ever before are choosing to build and live at the edge of the oceans.


Statement 2. The extinction of all living things is pretty well guaranteed unless our species starts acting now.

Rebuttal 2. There is literally no scientific data to support this statement and not even the biased IPCC science report makes any such assertion. In contrast, all measures of pollution and environmental damage decrease once a society reaches a sufficient level of wealth and this phenomenon is known as an Environmental Kuznets Curve. Seventy five years ago cities in the western world that were filled with air and water pollution are now far cleaner and safer and this occurs wherever freedom is allowed to grow and energy production flourishes.

Statement 3. Nature has always produced Co2 and methane, and it stored it through natural processes. This production and storage cycle was carefully balanced until we humans came along.

Rebuttal 3. This statement anthropomorphizes nature by using the word "carefully." Yes, there are many factors in balance in nature but nature, both living and inanimate is also constantly in change. Not only it is well established that the greenhouse effect of CO2 is a logarithmic one with further amounts having an ever-diminishing effect since a saturation point for the absorption of specific wavelengths is reached, the future effect of increasing Co2 is calculated to be about 0.5C. The graph that follows shows the geological history of Earth over the last 60 million years and CO2 has almost always been much, much higher than today and we can see that the correlation between CO2 and temperature is negligible. When CO2 is higher plant life flourishes and thus so does animal life. The graph shows the present CO2 level is close to a record low while there are periods of much higher CO2 and lower temperature. Over the shorter time scale of the last six hundred thousand years, Antarctic and Greenland ice core studies show that warming occurs first and CO2 level follows with an average lag of 600 years. 



Statement 4. News reports of wildfires, floods, hurricanes, droughts, melting ice fields, deaths by hyperthermia and killer pollution have become the new normal. 

Rebuttal 5. While it is true that news reports of natural disasters are the new normal, this is because we have so much more news, not because people are dying at a greater rate. In fact, it is just the opposite - and dramatically so. Deaths from extreme weather events have declined over the last hundred years - not by a factor of two or five, not even by a factor of ten, but by a factor of fifty - a 98% drop in deaths. This is due to our machine power that enables us to build resilient infrastructure, warm us of coming weather events, mobilize resources to support people at risk and rescue those in imminent danger. Deaths from cold are more than five times greater than those from heat, so a slight warming has saved lives. 

Statement 5. Once past the tipping point, global warming will keep on increasing beyond control. The eventual destruction of the Earth’s ecological systems will then eliminate the Earth’s supply of breathable air and potable water, and critically reduce habitable lands.

Rebuttal 5. There is no evidence for such a tipping point, it is pure and arbitrary speculation. Since CO2 in the atmosphere has been many times higher and no runaway warming occurred and since as pointed out above the potential impact of further CO2 is so small, this assertion is simply fear-mongering.

Statement 6. The August 2021 IPCC report stated, “Many changes due to past and future greenhouse gas emissions are irreversible for centuries to millennia, especially changes in the ocean, ice sheets and global sea level.” 

Rebuttal 6. There is no science to support this. This is a political statement and not a scientific one. For example, the graph below shows satellite data for the Antarctic since the start of the satellite era and it shows no change. Sea level was discussed above.


Statement 7. Can the human species become extinct? Why not? 

Rebuttal 7. The first question is a rhetorical statement since humanity's survival is not guaranteed by nature but rather is a constant struggle against a naturally dangerous environment. The second question is a matter of mastering machine energy, since with enough energy humanity can colonize the Moon, Mars and other planetary bodies and build starships that would enable us to leave our solar system. Heavier than air flight was invented just a short time ago (when my grandmother was born) and in just a few of my grandmother's lifespans we have advanced our knowledge and machine power more than in all of prior human history. Today a SpaceX ship is close to launch that is two thousand times cheaper to operate than NASA's best effort. 

Conclusion: for every assertion of danger or doom in the article it is easy to find hard evidence of the contrary or else the statement can be seen as lacking evidence - to be an arbitrary assertion. Since the statements are so consistently wrong, we must conclude there is a strong bias present in the writer's mind. If the statements were only partly wrong or were wrong in different directions then at least we could say there has been an honest effort to discover the truth. 

Energy is life. Energy is progress. Energy is the future of human flourishing. With energy mastery all is possible. In the name of all that is good about human life we need the freedom to explore all sources of energy, to experiment, to fail, discover new methods and applications. Today, fossil fuel energy powers 80% of all humanity's energy needs and those needs are growing fast, as is fossil fuel energy. Fossil fuels provide safe, dense, flexible, industrial scale energy that powers all other industries. Nuclear energy of some type is the most likely successor but has been criminalized by pressure from environmental advocacy groups since its discovery and is unsuitable in many applications. No other substitute for fossil fuels is know today.

All proposals to stop energy progress in the name of the weather, climate or pollution ignore all the fantastic advantages of energy capabilities. Such forecasts of doom are always based on hypotheses that have been proven false or upon models that have failed to predict real-world measurements. For humanity to flourish we require thinking that is firmly rooted in observations of reality, that are objective instead of subjective or arbitrary. 

Saturday, April 16, 2022

Regulators must not act now to forestall climate disaster

 The March 2022 edition of Canada's Investment Executive trade newspaper published an Editorial that was so badly done I had to comment. I sent them a letter to the editor but don't expect it will be published. Here is what I sent.

It is a disservice to the readership served by the Investment Executive that the editor promotes political IPCC climate alarmism rather than proven science on this subject. 

There are many sources if you want to learn about the state of scientific knowledge related to our climate, including the reports of the Non-Governmental International Panel On Climate Change (NIPCC), the annual “the State of the Climate” report, dozens of carefully researched books such as those by Bjorn Lomborg, Alex Epstein, Patrick Moore, Steve Koonin and of course thousands of articles from the peer-reviewed scientific literature demonstrating that the hypothesis for dangerous man-made global warming is false and the proposed political actions are destructive. The IPCC Summary For Policymakers is as far as many journalists go, and this document is not scientific but political. 

When it comes to climate-related risks, by far the greatest is that of government and regulatory interference. A perfect example of this is playing out these days with huge increases in energy prices caused by years of governments attacking the most abundant, cheap, dense, flexible and scalable energy known to man: fossil fuels. Now that the folly of relying on the Russian dictator for oil and gas is apparent and the insanity of relying on dictators in China for the minerals required for intermittent and unreliable energy sources like wind and solar is becoming apparent, economically and scientifically illiterate politicians who have threatened to “end fossil fuels,” promoted net-zero and pushed ESG are blaming high energy prices on the very businesses they have been trying to destroy. 

Human beings, left free to innovate and produce (especially in the energy field that powers all other industries) has easily and can continue to adapt even better to the historically modest changes recently seen in our climate. When coercion is used against producers and one-size-fits-all political rules are made, then risks become systemic instead of diversified. The editors of a newspaper giving voice to the investment sector should do proper due diligence instead of promoting ideas that are demonstrably false and causing great damage to human flourishing.

Thursday, March 14, 2019

Kids skipping school to chant empty slogans and wave ridiculous signs around political hangouts

With kids around the world being encouraged by teachers to skip school to protest about global warming, many cities had their own band of anti-reason students. I thought to give them a little guidance. Ottawa, Ottawa, Montreal, Saskatchewan, BC, National Post, HuffPost Canada, Kingston
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I have been studying the subject of climate science as a personal interest for almost 20 years. There is a vast body of research including fundamental findings that proves the alarm over dangerous man-made global warming is vastly overblown and that in fact the world is becoming ever better for humanity. I am not referring to a few studies, but many hundreds, even thousands of them, published over decades of work by some of the most experienced and prominent scientists in their fields, available in the peer-reviewed literature with another such study published on average every day all year long.

For any youth interested in this subject, I encourage them to learn more about the scientific method and the various disciplines related to climate, then your minds will be at ease and you will be able to dedicate your life to creating value for yourself and others through productive work and helping humanity to flourish and progress instead of spending time lobbying scientifically ignorant politicians. There are professors right near where I live in Ottawa, at Carleton University and University of Ottawa who are experts in this and if you ever make it to their classes you will learn much more than I could explain here.

Please, read widely and weigh the research - you will find one side that tells you to stop thinking there are alternative explanations, that the science is settled, is filled with exaggerations, unwarranted extrapolations, models that are poorly constructed and have failed to forecast anything, misused statistical methods, a reversal of cause and effect, suggestions for a massive violation of individual rights and essentially a reversal of human progress since the industrial revolution, while the other side urges caution, asks you to check all your assumptions, to be thoughtful and to weigh all the evidence.

It is clear from their signs, their attributed quotes and the interview clips that the marching kids have no idea of the meaning of what they are saying. For example:
  • They demonstrate their ignorance of environmental science when they say the environment is getting worse, when in fact every important measure of air, water and food pollution has been improving at a rapid rate for decades. One sign I saw said "the planet needs you to give a shit" - the sign wielder apparently is ignorant of the fact that before industrial scale energy from carbon fuels, the streets were actually full of shit and the water was polluted by it, causing plagues and death on a massive scale.
  • They demonstrate their ignorance of politics by holding signs saying "change the system, not the climate" with big fists pictured (typically indicating a Marxist ideology) when in fact many countries are clearly already headed towards Marxism and the concept of a free, capitalist society is almost completely unknown and has certainly never existed.
  • They demonstrate ignorance of health science when they claim people are killing others through carbon dioxide, when in fact the death rate from extreme weather events has fallen 98% since we started using carbon fuels in earnest almost a century ago; so the correlation between carbon dioxide production and deaths has an extraordinarily strong negative correlation.
  • They demonstrate their ignorance of chemistry, being against the use of carbon fuels yet they wave signs made from carbon fuels, march on carbon-based and carbon made roads, wear clothing and knapsacks literally made of and with energy from carbon fuels, carry phones made of carbon fuels eagerly use an internet powered by carbon fuels, drink from bottles made with the energy of carbon fuels - the list goes on and on because 85% of world energy comes from carbon fuels.
  • They demonstrate ignorance of economics because they hold signs claiming the economy is being prioritized over human life, when in fact the economy is nothing except human beings working to improve their lives through production and trade with other human beings.
  • They demonstrate ignorance of history because before the industrial revolution and especially since the availability of safe, reliable, cheap energy from carbon fuels, 95% of humanity lived in abject poverty for all of history, suffered from disease, starvation and a short, brutal life while dangerous nature tried to kill them at every turn.
  • They demonstrate ignorance of finance and the very meaning of wealth because they protest against the pursuit of money, clearly not understanding that money is not a goal, but rather is simply a means of recognizing and exchanging productive values like food, shelter, transportation, communication, education, health care, entertainment, etc.
  • They demonstrate a hatred of human life - I saw a sign showing a skull and crossed swords saying "artist activist for the Earth" suggesting the valuing of non-human Earth above the advancement of human civilization.
  • They demonstrate their ignorance of how the planet has been improved for human life, not made worse - the planet is actually greening as farmland is made more productive and so less of it is needed. A higher carbon dioxide level in the air is recovering from its historically low level and feeds hungry plants of all types, nourishing forests and shrinking deserts.
In summary, these student marchers and their supporters have no idea what they are talking about and should get back to studying reality if they hope for a good life in the future.

Friday, April 13, 2018

James Hansen advocates fighting climate change by suing everyone in sight, including ourselves


As thousands of government representatives prepared to jet to Germany for the COP23 climate conference in the fall of 2017, the volume and stridence of proclamations from the leaders of the climate change alarmist movement rose quickly.

Former NASA scientist James Hansen was quoted several times in a Nov. 7, 2017 National Geographic interview, in which he recommended suing the world’s biggest oil, coal and gas, and cement companies for damages resulting from climate change. He says 100 companies have been the source of more than 70 percent of the world’s greenhouse gas emissions since 1988. The article tells us “An enormous amount of money is urgently needed to dramatically slash emissions of carbon dioxide (CO2), take existing CO2 out of the atmosphere, and for countries to cope with the impacts of climate change, Hansen argues. And that money should come from the companies that profited most from burning fossil fuels, Hansen will tell world leaders Tuesday in Bonn, Germany, at the annual United Nations climate negotiations.”

Later, the article says “Hansen is involved in a 2015 lawsuit against the U.S. federal government, brought by 21 kids under the age of 21, including his own granddaughter. The case argues that the government’s failure to curb CO2 emissions has violated the youngest generation’s constitutional rights to life, liberty, and property.”

If Hansen’s assertions are correct and all our lives are damaged by greenhouse gas emissions, then suing those who harm us might be one way to reduce the harm. But are his assertions true? How do we know? One good way to examine the validity of a statement is to follow it to its logical end and see if it makes sense. Let’s examine two aspects of Hansen’s assertions: that we have all been harmed by CO2 emissions and that suing big companies is a solution.

According to Hansen, all our lives should be much worse off because of greenhouse gas emissions and their supposed causal effect of increasing global temperature. We should have powerful measurable evidence of harm to humanity. Reality contradicts Hansen since by all objective measures our lives have become safer, longer, healthier and richer as humanity has created more energy from fossil fuels. As Indur Goklany says in Humanity Unbound - How Fossil Fuels Saved Humanity from Nature and Nature from Humanity “From 1750 to 2009, global life expectancy more than doubled, global population increased 8-fold, and incomes increased 11-fold. How did this happen? While there were many factors tracing their roots to the renaissance and enlightenment, the rapid industrialization of the West was made possible and supercharged by the discovery and exploitation of industrial scale energy production - energy that powers all other industries. As Goklany states, even today when other energy sources like hydro, nuclear, solar and wind have been discovered and industrialized, “...fossil fuels provide 80 percent of mankind’s energy and 60 percent of its food and clothing.” Clearly, civilization depends on fossil fuel energy and is likely to do so for quite some time.

But has our environment become more dangerous as we exploit this energy? Not at all, points out Goklany, in fact “Global death rates from extreme weather events declined by 98 percent since the 1920s, while economic damages corrected for population growth and wealth have not increased.”

What about Hansen’s assertion we should sue the very companies that have provided the energy and structure that powers the modern world? What would it mean to sue them? Who owns these companies? Well, in brief - we all do. The shares of these publicly traded companies are owned in our individual investment accounts, our group investment plans, our pension plans and the pension plans of our governments. Perhaps hundreds of millions of people own a part of companies like Exxon.

Following the lawsuit process to the end would mean suing ourselves and our neighbors and friends, our employers and our governments, even our children and our parents. Hansen would be suing his granddaughter and she him at the same time they would both be suing the companies that built and power their schools, hospital, roads, homes, and cell phones. They would be suing the creators of the internet and the content that rides on it like that produced by Disney, the artists who travel between cities for productions like Disney on ice, the builders of the ice rinks and power companies who enable the existence of ice rinks in the desert. Hansen would be suing all of human civilization and almost everyone alive today except the few primitives who remain isolated from modern society. In short, it would mean everyone attacking everyone at the same time. To borrow a term from the current movie scene, it would be Ragnarok! Hansen’s call to sue the top 100 producers of CO2 emissions is nothing less than a call for the end of civilization and the virtual elimination of humanity, his granddaughter included.

One of the many things Hansen does not understand is that companies are not people, they are owned by people - many people. The companies have not been the ones profiting from industrial scale energy production, people are. Not just those who own the company, but all those who are customers of the company or customers of their customers. It is the daily choices of all the people in the economic chain of activity that have directed money and profits towards those big companies, and it can be taken away at any time if consumer preferences shift. This is a much more powerful (and what’s more it is a fully moral) method of tuning and improving the marketplace for energy. Whereas the free market price mechanism provides an elegant and infinitely adaptable solution to potential economic challenges like the effects of climate change, Hansen would use a club and rock to smash our biggest and best energy producers to impose his radical personal views on the rest of us. I hope his granddaughter does not grow up to ever see the world in the state that Hansen’s ideas would take us.

Wednesday, September 6, 2017

A Fossil Fuel Free Global Equity Fund? It's not right. It's not real.

In Canada, RBC funds has launched a mutual fund that uses an exclusion process to avoid companies involved in extracting, processing and transportation of fossil fuels.

They state this investment process leads to high conviction research driven portfolios and returns defined by stock-picking, not style, with a low correlation to peers.

I replied to the company's communication with the following message:

I think the concept behind the fund is incorrect, irrational, incoherent and immoral. The energy from fossil fuels has: 
a) powered the industrial revolution, 
b) advanced knowledge and society more in two hundred years than in all prior history, 
c) lifted billions of people from poverty, 
d) enabled the potential for a safe, healthy, long and productive life for all of humanity, 
e) eradicated almost all human deaths from the naturally dangerous climate, 
f) enabled us to wipe out the worst diseases of the past,
g) empowered women, minorities, former slaves and anyone with the mind and determination to do so to succeed beyond the wildest dreams of pre-industrial society,
h) much more.

To in any way promote the concept that fossil fuels, which presently provide 85% of all the power required to operate modern society, represent a meaningful threat to civilization instead of being the salvation of civilization is a monstrous distortion of reality and a disservice to all humanity. 

As a starting reference point, I have attached a fascinating article that studies the interaction between climate, human deaths and energy availability.

I note that every single holding in the fund relies utterly on fossil fuel energy to remain in existence. If fossil fuels were banned tomorrow, these companies would be instantly bankrupt and it would be the end of human civilization as we know it. With centuries of abundant, cheap, dense and portable fossil fuel energy available to us, not only is fossil fuel energy the fastest growing energy source in the world, but it is likely to remain by far the most important energy source for the next hundred years.

The company should be ashamed to be associated with the promotion of such a patently absurd concept as a fossil fuel free fund – it does not exist and should not exist.

Friday, August 12, 2016

The economics of air and an anti-human ideology

I was engaged in an online discussion about climate change when another writer challenged my comments. When he asked "Perhaps you could start with why you believe you are not responsible to pay Market rent for fossil waste disposal by use of other people's air?" multiple times I thought a good response was in order and I have copied it below.
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I get the strong impression that no matter how many highly intelligent, experienced, published and distinguished scientists from a range of fields identified factual contradictions and errors in your ideology it would not matter, so I will switch to the evidently hyper-important question that you have stated ad-nauseum above. It is evident you have no concept of the meaning of economics or freedom or capitalism, or else you would not ask such an irrational question. You might as well ask why you do not pay me for the use of the oxygen that you consume when you breathe. First, there is no such thing as a market rent for what you refer to. Second, what you refer to is not waste disposal but a natural by-product of human civilization and progress, a very mild side effect in exchange for an incalculable benefit, like an occasional headache in exchange for a cure for cancer. Third, other people do not own the air as it does not meet the criteria for private property. More broadly, it is the energy from fossil fuels that has enabled all of the advances of the industrial revolution, enabled your birth, being fed, clothed, housed, educated, your health care, your communications, your transportation and your leisure time. Until the discovery of a commercial means of mass producing energy from fossil fuels, you would have lived a short, diseased, starving, laboring, painful, cold and hot and extremely local life - if you lived at all. The energy from fossil fuels is the industry that underlies and enables all other industries and has been an incalculable good for humanity and has vastly improved your own life, yet you oppose it, perhaps even despise it like many catastrophists. To be fully consistent then, you would have to loathe yourself for owing so much to fossil fuel energy and the intelligent people who produce it. You appear to have an ideology based on looking only at potential harm in the distant future as predicted by computer models. This reduces to a base antagonism against human life and that which it depends upon. My philosophy is based on the irreplaceable value of human life and my standard of value is that which advances human life. I love fossil fuels, but not because they are fossil fuels, but for the wonders they have enabled humanity to achieve and continue to accomplish. As we speak, hundreds of millions of lives are being raised out of poverty and despair through fossil fuel energy. Fossil fuel energy has already solved the problem of world hunger, essentially eliminated the risk to human life from a naturally dangerous climate (deaths due to extreme climate conditions have decreased about 96% in the last 80 years, a period in which most of the fossil fuel in history has been used), enabled a vast division of labour and incredible specialization that has led to incredible wealth for the average person that was unimaginable to kings a hundred years ago. Yet this is what you are against and what you would have us give up - for what and in the name of what? For a life much shorter, poorer and filled with wretchedness where self-declared people who know better than we do dictate to us how we must live our lives. This in the name of the prophets of doom and their dis-proven computer models whose predictions are all over the map and have all over-predicted factual measurements - all in the same direction, because they contain the same false premises. Let the models and their true believers compete on an open betting market for accuracy and let the catastrophists place their bets on the accuracy of their predictions and let's see who loses all their money and who takes it all away. Now THAT would be a real type of market rent - a market for forecasting ability that rewards success and punishes irrationality. My money and the smart money is on the null hypothesis. I have no doubt that thanks to fossil fuels we will discover even better and more abundant sources of energy, but until then coal, gas and oil are the very best we have - and we are getting ever better at discovering sources of them, extracting them and converting them into usable energy that has lower and lower negative effects and greater and greater positive benefits. We now know of enough sources to last about a thousand years and we have just begun to discover how much energy is truly available to minds left free to search, discover, experiment and create. I believe that thanks to fossil fuel powered science we will soon have the use of essentially unlimited fusion power with a density a million times that of oil, that will replace almost all other sources of energy and will advance human progress as much as fossil fuels have already done. Until then, we owe it to ourselves, our lives, our children and those whose societies are still way behind ours to make the best use of fossil fuel energy we can and to continue to improve its use in every way possible.

Tuesday, July 19, 2016

Ottawa-Vanier climate consultation was a setup

Note: I posted this on the Ecology Ottawa site yesterday and today it has been removed after just a few hours.  I tried to re-post it but they seem to have blocked me. This time I edited a few remarks they may have considered inflammatory and wrote a preamble asking them to treat this as a reasoned, thoughtful argument and let readers make up their own minds by allowing them to read it.  We'll see if they allow it.
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The Federal Government wants to hear ideas from everyday Canadians about climate change. In many communities in Canada there are consultations going on that are supposed to enable us members of the public to have a voice in policy making.  I attended one of these in Vanier (Ottawa) in July 2016 and can tell you the entire event appeared to attract mostly people with a certain view, funnel them into discussion on topics that were pre-selected, have group notes taken by people whose minds are made up and have full-group statements made only by those same note takers with no opportunity given for individuals to address the full audience or speak up to the municipal politicians in attendance.

The event was hosted by Ecology Ottawa, whose website report on the event can be read here.  On the way into the event the reception table had literature about stopping energy pipelines such as the proposed Energy East, which would allow the product of Alberta and Saskatchewan to be shipped to refineries in eastern Canada with less wasted energy and much more safely than by using trucks and rail. This immediately made it obvious the town hall was not to be a full and reasoned discussion but a directed lobbying effort with foregone conclusions.

At the start of the session there was no initial presentation of facts upon which the discussion was supposed to be based. Rather, there were pre-written questions written on cards that were placed on tables - questions that presume to summarize a vast scientific data set that in fact remains under great debate and dispute, never mind the extrapolated implications that can be dis-proven with a little knowledge of economics. It was perfectly clear to me that the presumptions of the evening included the idea chain known as dangerous anthropogenic global warming (DAGW), namely that:

  1. the planetary mean temperature is rising
  2. this rise is outside the historical range
  3. the rise is caused by atmospheric carbon dioxide (CO2)
  4. human activities are causing the rise of CO2
  5. the rise of CO2 and temperature represent a significant danger to human life
  6. human industrial society cannot easily adapt to the temperature change
  7. drastic measures to reduce then eliminate the use of energy sources that produce CO2 are warranted
  8. governments are morally correct to initiate force against energy producers and consumers (everyone) to coerce them into taking these drastic measures.
In a chain of reasoning if one link is erroneous then the conclusion cannot be supported. When I first began to study these issues in the early 2000s I accepted some of these assumptions as true but I quickly learned there was a great deal of contradictory evidence and that much of the information supporting DAGW was exaggerated, misleading or even falsified. I found that except for item 4 in the chain above, everything else in the list was either patently wrong or at least there was serious concern about its validity and/or significance.  Eventually I realized that the whole concept of DAGW was so fundamentally flawed that it could be safely rejected as irrational but that it would likely take humanity many years to purge the errors from the realm of public discussion. As the weight of scientific evidence de-bunking DAGW continues to grow, its advocates are doubling down on their rhetoric and lobbying effort to gain political power before the scheme is exposed as delusional.

Now back to the town hall event. As I said, the discussion questions were pre-selected and presumed all of the eight statements above are true. Participants were asked to discuss topics such as innovation to reduce CO2 production, ways to reduce CO2 production in daily life and the like. I chose to sit at a table where innovation was the main topic.  Realizing the group leader (an Ecology Ottawa representative) and the group itself would likely stop listening and become hostile to further ideas if I voiced my direct opposition to their DAGW assumptions, I chose to actively listen and to try and inject an element of rationality into the discussion. For example, when others advocated for massive use of government force against citizens in the areas of housing and transportation I suggested that all proposed measures should be tested against a vital standard - the harm they might do to our most vulnerable citizens if the measures were enforced, absent such distorting side-measures such as subsidies and wealth confiscation and redistribution, which mask the true and intended policy effects. If a policy makes energy more expensive and thus makes life harder for citizens, the damage to their lives must be considered, not to mention the more important moral propriety of causing them harm in the first place. Taking one person's wealth and giving it to the damaged person does not solve the problem, it only expands the scope of damage.

I tried to get our group talking about energy innovation and to show that while fossil fuel energy is currently the best source of dense, abundant, safe, cheap and portable energy, that it was not likely to remain so as nuclear fission energy could be unshackled and replace much fossil fuel energy with far less CO2 production, never mind the exciting potential of nuclear fusion in the near future that has unlimited potential to produce safe, distributed, cheap and abundant energy to all of humanity, improving human life by an enormous measure without CO2 emissions. To my dismay but not my surprise, one group member spoke strongly against fusion energy by saying that abundant cheap energy would release heat and cause the planet to warm dangerously.  He apparently has no idea that the amount of heat itself is not a dangerous issue and that the Earth's climate system has a number of auto-regulatory mechanisms that prevent large changes in temperature, absent external changes in energy from the Sun. The fact that he saw what could be the greatest source of energy ever discovered, that could advance the quality of human life beyond measure and lift entire civilizations out of poverty, starvation and disease if allowed to progress as to be avoided at all costs was a scary testament to the philosophy of those who believe in DAGW. Maybe he thinks solar panels and windmills do not produce heat as a by product or that society should stop progressing or even regress to pre-industrial times.

At another point I tried to help the group see that cooperation (persuasion by means of reason, a part of the political-economic system known as capitalism) was the proper and moral path to energy policy and that coercion (use of force to override the free will of individuals) was to be avoided as improper for a free, human, reasoning society. While there were a couple of faces that appeared sympathetic to the idea, I sensed a lack of understanding of what political force really means and a young man beside me stated clearly that while persuasion and cooperation are good, that at a certain point force must be used.  In this context I did not dare to point out to him and the group that his was the political ideology of Lenin, Mao, Stalin, Pot, Chavez, Castro and many others whose policies led to the death and suffering of hundreds of millions of human beings. I did not point out that his idea was contrary to the discovery of political freedom in the enlightenment, the advance of humanity in the consequent industrial revolution and the founding principles of the country he lives in. Such statements would have certainly provoked strong emotions and blocked any modest, reasonable ideas I was trying to get on the table.

I must give credit to our group leader dutifully and quite fairly recorded comments and did not override the discussion. During the summary session he actually mentioned my idea of having a "harm test" for every policy initiative. However, the entire event was structured so that no participant had any opportunity to speak to the whole group since only Ecology Ottawa group leaders were given the floor, and they generally spoke from the very same perspective, having likely had only participants from that same perspective.  I think most people like me, who have opposing views based on considered research and reasoning, would not consider attending an event positioned like this as they would see it as a waste of time and they would not be listened to.  That was my expectation yet I chose to use the event as an opportunity to look inside the minds of those who have opinions different from my own, to see if I could learn more about them, how they came to hold these ideas, how well reasoned they are and if they are open to discussion. 

I am sad to say my impression is that they are not at all open on this subject. When have you heard of a public debate on the science of climate change? When has such an event been held by your political representatives to help them understand the related issues? Why do people like Al Gore steadfastly refuse to engage in a public debate? Why are people with differing opinions being prosecuted for holding these ideas? Why does David Suzuki advocate for jailing people who produce life-promoting fossil fuel energy and those who advocate for its continued use? Why do so many people ignore the basic science done by hundreds of researchers all over the world that contradicts and even disproves all aspects of the DAGW hypothesis chain of ideas and instead continue to advocate for massive political force against innocent citizens?  These questions and many more will need to be answered and understood if humanity and our life-promoting industrial civilization is to survive long into the future. Such crucial topics will very likely not be discussed at climate change town halls across Canada.

Sunday, March 20, 2016

Morality and fossil fuel energy production vs. global warming alarmism

A letter to the editor prompted me to write directly on the subject of the morality of fossil fuels and global warming. +++++++++++++++++++++++++++++++++++ Let's address the question of morality head on. My standard of morality is human life. That which improves human life is the good, that which opposes human life is the bad.

The industrial revolution, powered by the energy ingeniously discovered and then released by humans from dense, inexpensive, portable and abundant fossil fuels like coal, oil and natural gas, has led to the most magnificent advance in human life in all history. Our food supply has been multiplied many times over due to fossil fuel powered machinery, irrigation, fertilizers and transportation; our housing quality has improved many times over by fossil fuel powered machines for lumber production, the creation of cement, the mining for minerals and smelting of steel; our education has improved immeasurably by machines that enable the production of paper, presses for printing books, the transportation of knowledge, the creation of schools, and lately the storage and sharing of knowledge in electronic form; our health and longevity is fantastically better due to fossil fuel powered machines that have purified our water, transported it to our homes and taken sewage away for treatment, the improvement of our supply of nutritious foods transported quickly and safely from afar, the hospitals, machines and pharmaceutical discovered due to fossil fuel powered civilization.

In short, there is no area of human life that has not improved vastly due to our use of fossil fuels. What about the dangers we face from the climate? Has our climate become more dangerous in the last one and two centuries? Has there been global warming caused by man's activities that has led to death and suffering? I dare you to look around and conclude that the climate is more dangerous with the use of fossil fuel energy than without. Until the advent of fossil fuel powered civilization the climate was an ever-present danger, with millions suffering from malnutrion, drought, floods and storms every day. In fact, climate related deaths are down 98% in the last eighty years, meaning humans are 50 times less likely to die from extreme weather events like storms, floods and drought - and this during the same period when most of the fossil fuel energy (and CO2 production) has been produced. The alarmists speak as if the small possibility of a degree or two of warming will leave humanity unable to adapt and lead to wholesale death and suffering, when the overwhelming evidence is that we could easily adapt to such change and would most likely benefit tremendously from it, as long as we are left free to produce energy to power our industrial civilization using the abundant, inexpensive, dense, safe and portable power of fossil fuels.

Being moral means placing human life at the top of your priority list and judging based on all factors, positive and negative, not ignoring the positive and only looking at speculative negatives. The global warming alarmists are indeed profoundly immoral to the degree they fail to fully recognize the immense good that fossil fuel energy brings to humanity and the fact that with this energy we can easily adapt to the small changes we know are happening and even larger ones that are the subject of much speculation. The travesty consists of failing to acknowledge the great human/moral good created by man-made energy processes that produce carbon dioxide, never mind the fact that carbon dioxide is the food of life itself. A side benefit of industrialization is that it is re-energizing plant life on Earth that grows faster with a higher level of life-giving CO2 in the atmosphere.

Sunday, February 7, 2016

Objectivity needed in climate debate

Mr. Martin's comments in the Low Down of January 27 'Straw men and climate change' do little other than repeat myths and delusions about science that are easily disproven by a reading of the literature on the subject.  

A fact is not determined by a consensus or a vote, but by objective observation of reality to identify new knowledge that integrates into all existing knowledge without contradiction. The claims of so-called climate change  alarmists are so riddled with contradictions their entire corpus is properly dismissed as arbitrary and without merit, not worthy of further consideration.  

The entire hypothetical daisy-chain that an increase in atmospheric CO2 will cause the planet to warm, that this warming represents a danger to humanity, that we cannot adapt to a change if it does occur, that it is better to sacrifice actual human lives today to avoid potential harm to future lives and that massive coercive action to violate individual rights is the proper way to address such an issue falls apart at every point.  

Warming occurs on a logarithmic path as CO2 concentration rises, meaning that almost all the warming that can be caused by CO2 has already occurred and a further doubling will have almost no effect. Satellite and weather balloon measurements, the only reliable data we have, show no significant change in average global temperature since the satellite data started in the 1980s. Claims of greater warming rely on poor quality land-based thermometers that have been mostly proven as having low resolution and as being massively tainted by urban growth.  Historical data from geological, ice core and sea sediment records show the planet has been through many warming cycles and is expected to always do so. The best long term relationship between temperature cycles and another variable shows that the Sun is the main driver of climate cycles, not CO2. There are no islands sinking fast because there is no significant change in sea level, other than the cycle which was initiated by the end of the last ice age and will continue until the next ice age. All land masses are in motion in three dimensions - moving not only laterally but up or down according to plate tectonics and the relief from stresses from massive mountains of ice that used to cover large parts of the world. Again, satellite data measures this well.  I could continue with a list of scientific impossibilities embedded in the climate scare, but I trust that a few basics are sufficient for most readers since all it takes is one inconvenient fact to demolish a hypothesis, no matter how aggressively asserted.

What about the computer models that have uniformly been proven invalid, since they can barely be tortured into modeling the past and have all failed as predictive tools?  If you make a prediction and it fails to occur, it means your hypothesis is wrong - reality tells you this clearly.

What about the morality of using climate change to attack the lives of people who should be free, denying them the right to choose, the right to keep their hard earned money and property, the right to continue to advance humanity, to create wealth and improve life for people? The climate alarmists want to dispense with such formalities as rights, freedom and property and impose a global police force to monitor your emissions of carbon dioxide, the gas of life itself, fertilizer of all plant life and thus a vital ingredient for all life on earth.  These people need to be chased back behind the iron curtain from which they emerged.

Monday, September 28, 2015

Climate science in the IPCC Technical Summary versus the claims of alarmists

Following is my response to the first comment on a letter to the editor about climate change and BC forest fires.
------------------------------------------------------------------------------- To attempt the linkage of the current political situation in Syria with the tiny fraction of atmospheric carbon dioxide caused by man's productive activities requires a great leaps in credulity, one which no rational and knowledgeable person could make.

Droughts have been a fact of life since before humanity existed. Today, the only places where drought is insoluble are places where capitalism has not been implemented enough to allow the creation of the wealth needed to overcome drought.

When I say wealth, I mean particularly agricultural technology and the financial resources to implement it. Money is simply the currency of wealth exchange and money has no value if the products created by men are not brought into existence. Syria is poor because it is a society based on mysticism, altruism and collectivism and has only bare elements of capitalism, by which I mean freedom and the protection of individual rights by an objective government limited to this function by a constitution.

As I side note, it is interesting that the first commenter began by attacking the background and supposed affiliations of the article's author instead of beginning with a critique of his ideas. If you go into the ACTUAL SCIENCE sections of the IPCC report, not the Summary For Policymakers that is not written by scientists, you usually find the summary of scientific knowledge is very different, even the opposite of the Summary for Policymakers document, which the first commenter references and which is as far as many peple get if their reading, if they read the science at all. I will copy an exerpt from the science report about extreme events below. Note that this is from the IPCC itself, never mind the large number and variety of scientists who disagree with some of the conclusions the IPPC handpicked authors have reached. At the very least the science report is generally written in the language of science, lacking the hyperbole, speculation and unsupported statements found in the Summary For Policymakers.

Since the commenter specifically quoted the Synthesis report on the Summary For Policymakers I have chosen to contrast it with its supposed source. This is from the fifth assessment report "The Physical Science Basis", page 50 and can be found at the following link.
http://www.ipcc.ch/pdf/assessment-report/ar5/wg1/WG1AR5_TS_FINAL.pdf
++++++++++++++++++++++++++++++++++++++++++++++++
There is low confidence in a global-scale observed trend in drought or dryness (lack of rainfall), owing to lack of direct observations, dependencies of inferred trends on the index choice and geographical inconsistencies in the trends. However, this masks important regional changes and, for example, the frequency and intensity of drought have likely increased in the Mediterranean and West Africa and likely decreased in central North America and northwest Australia since 1950. {2.6.2;
Table 2.13}

There is high confidence for droughts during the last millennium of greater magnitude and longer duration than those observed since the beginning of the 20th century in many regions. There is medium confidence that more megadroughts occurred in monsoon Asia and wetter conditions prevailed in arid Central Asia and the South American monsoon region during the Little Ice Age (1450–1850) compared to the Medieval Climate Anomaly (950–1250). {5.5.4, 5.5.5}

Confidence remains low for long-term (centennial) changes in tropical cyclone activity, after accounting for past changes in observing capabilities. However, for the years since the 1970s, it is virtually certain that the frequency and intensity of storms in the North Atlantic have increased although the reasons for this increase are debated (see TFE.9). There is low confidence of large-scale trends in storminess over the last century and there is still insufficient evidence to determine
whether robust trends exist in small-scale severe weather events such as hail or thunderstorms. {2.6.2–2.6.4}

With high confidence, floods larger than recorded since the 20th century occurred during the past five centuries in northern and central Europe, the western Mediterranean region and eastern Asia. There is medium confidence that in the Near East, India and central North America, modern large floods are comparable or surpass historical floods in magnitude and/or frequency. {5.5.5}
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My summary:
1. There is low confidence there is any trend in rainfall change.
2. There is high confidence that droughts were more severe before the 20th century.
3. There is low confidence of any trend in tropical cyclone activity and insufficient evidence for trends in small scale weather events.
4. There is high confidence that floods larger than those of the past century occurred in the last five hundered years.

Much more about the low confidence in the existence of dangerous human caused global warming is found at the end of the IPCC Fifth Assessment Report and I copy one portio of this below, from page 115.
++++++++++++++++++++++++++++++++++++++++
TS.6.4 Key Uncertainties in Projections of Global and Regional Climate Change
• Based on model results there is limited confidence in the predictability of yearly to decadal averages of temperature both for the global average and for some geographical regions. Multi-model results for precipitation indicate a generally low predictability. Short-term climate projection is also limited by the uncertainty in
projections of natural forcing. {11.1, 11.2, 11.3.1, 11.3.6; Box 11.1}
• There is low confidence in near-term projections of a northward shift of NH storm track and westerlies. {11.3.2}
• There is generally low confidence in basin-scale projections of significant trends in tropical cyclone frequency and intensity in the 21st century. {11.3.2, 14.6.1}
• Projected changes in soil moisture and surface run off are not
robust in many regions. {11.3.2, 12.4.5}
• Several components or phenomena in the climate system could
potentially exhibit abrupt or nonlinear changes, but for many phenomena there is low confidence and little consensus on the likelihood of such events over the 21st century. {12.5.5}
• There is low confidence on magnitude of carbon losses through
CO2 or CH4 emissions to the atmosphere from thawing permafrost. There is low confidence in projected future CH4 emissions from natural sources due to changes in wetlands and gas hydrate release from the sea floor. {6.4.3, 6.4.7}
• There is medium confidence in the projected contributions to sea level rise by models of ice sheet dynamics for the 21st century, and low confidence in their projections beyond 2100. {13.3.3}
• There is low confidence in semi-empirical model projections of
global mean sea level rise, and no consensus in the scientific community about their reliability. {13.5.2, 13.5.3}
• There is low confidence in projections of many aspects of climate phenomena that influence regional climate change, including changes in amplitude and spatial pattern of modes of climate variability. {9.5.3, 14.2–14.7}
+++++++++++++++++++++++++++++++++++++++++++
Are you seeing the pattern? The science that the alarmists refers to is to be found in the IPCC Technical Summary, a document that clearly contradicts about every wild claim made by the alarmists, even their leaders who should and would know better if only they read the actual Technical Summary. There is such a volume of evidence of flagrant disregard for the scientific method by the alarmists that we can dismiss all their past, present and future claims out of hand and without further consideration.