Climate intelligence failure bigger than the Iraq failure

Richard Rahn:

What do you think was the most costly intelligence failure of all time? No, was is not the world's leading intelligence agencies' failure to notice that Saddam had few, if any, weapons of mass destruction. It was the failure of many leading climate model builders to be modest enough about their predictions, and the politicians' and media's failure to ask the tough questions of these climate experts.

As a consequence of what we now know was an overblown global-warming scare, everyone on the planet is paying substantially more for food and fuel than is necessary.

Despite the prediction of all the major climate models, the Earth has been getting cooler since 1998. At first, it was not considered a big deal because temperatures fluctuate from year to year. However, the drop has now been going for a decade, with another big drop last year.

The global warming zealots have just been handed another rude shock, when the peer-reviewed journal, Nature, reported on May 1 that according to a new (and hopefully improved) climate model, global surface temperatures may not increase over the next decade.

Roger A. Pielke, environmental studies professor at the University of Colorado, and not previously a global warming skeptic, reacted to the Nature article: "Climate models are of no practical use beyond providing some intellectual authority in the promotional battle over global-warming policy."

Hudson Institute environmental economist Dennis Avery said: "The Earth's warming from 1915 to 1940 was just about as strong as the "scary" 1975 to 1998 warming in both scope and duration — and occurred too early to be blamed on human-emitted CO2. The cooling from 1940 to 1975 defied the Greenhouse Theory, occurring during the first big surge of man-made greenhouse emissions. Most recently, the climate has stubbornly refused to warm since 1998, even though human CO2 emissions have continued to rise strongly."

As a direct result of the global-warming hysteria, which, as noted above, was grossly overblown to say the least, governments reacted by restricting energy production from traditional sources, such as oil, gas and coal, and by enacting very costly regulations on CO2 emission sources. Governments also quickly jumped on the fad of "biomass" production, which, at least in the case of corn, does not result in less CO2 but more than standard oil and gas wells produce — a clear "intelligence" failure.

The restrictions on oil and gas have greatly increased the cost of gasoline and home heating oil, and the production cost of almost everything else, especially plastics and food.

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It is certainly going to be much more costly in terms of treasure and lives if we follow the advice of the globo warmers. Me, I like warmer weather and I think the earth will be more abundant if it gets warmer. Whatever happens with the climate, I think we can adapt.