The bottom line is that since the temperature of the planet is not following the increasing temperature plot that the IPCC claims it must the only conclusion that can be given is that the IPCC is wrong. The point isn’t what the temperature is, right now, but what the IPCC GCM models say it “must” be to be right. Since there is a large difference between what the IPCC claims it must be and what the Satellites show that it is one can only say the models are wrong and the theory is false.
Obama shuts down power plants as colder seasons arrive
By Larry Bell ~
As many prominent scientists predict a prolonged period of global cooling, new EPA regulations [courtesy of EPA Administrator Gina McCarthy, left] are likely to cause critical power shortages and consumer cost hikes.
Bloomberg reports that the Brattle Group, a Cambridge, Massachusetts-based consulting company, estimates that forced coal plant closures may boost utility prices for grids serving one-third of the U.S. population by as much as 25%. Hardest hit by this blizzard of bureaucratic bungling will be economically disadvantaged residents in the Midwest and Northeast during cold winter months.
About half of the plant shutdowns are expected to take effect next year. Teri Viswanath, director of commodities strategy at BNP in New York, projects that this will cut approximately 20,000 megawatts of current coal plant power by the end of 2015. That capability will be replaced…
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