Tag Archives: centinel2012

Apr 4 2019

Conversation with global warming skeptic Anthony Watts


Published on Sep 17, 2012

SUBSCRIBE 1.1M
Spencer Michels interviews one of the nations’s most read climate skeptics Anthony Watts. Watts believes much of the data used to support global warming theories is faulty. The big problem, as Watts sees it, is that the stations were temperatures are gathered are too close to urban developments where heat is soaked up and distorts the readings. So it looks like the earth is warming though it may not be. For more on this story, visit The PBS NewsHour: http://www.pbs.org/newshour

 

Apr 4 2019

Earth at 2° hotter will be horrific. Now here’s what 4° will look like. | David Wallace-Wells


 

This post is totally crazy, I’ve posted it just to show you what the Snowflakes think is coming, and why this view is so dangerous.

Published on Mar 14, 2019

SUBSCRIBED 2.5M

This is what the world will be like if we do not act on climate change. – The best-case scenario of climate change is that world gets just 2°C hotter, which scientists call the “threshold of catastrophe”. – Why is that the good news? Because if humans don’t change course now, the planet is on a trajectory to reach 4°C at the end of this century, which would bring $600 trillion in global climate damages, double the warfare, and a refugee crisis 100x worse than the Syrian exodus. – David Wallace-Wells explains what would happen at an 8°C and even 13°C increase. These predictions are horrifying, but should not scare us into complacency. “It should make us focus on them more intently,” he says. David Wallace-Wells is a national fellow at the New America foundation and a columnist and deputy editor at New York magazine. He was previously the deputy editor of The Paris Review. He lives in New York City. His latest book is The Uninhabitable Earth: Life After Warming (https://goo.gl/ih35YX)
Apr 4 2019

Global Warming: Was it Ever Really a Crisis?


Published on Jan 6, 2017

SUBSCRIBE 12K
Interviews from the 2009 International Conference on Climate Change .
Apr 4 2019

Don’t Like the Climate? Wait a Cycle!


Published on Oct 3, 2015

SUBSCRIBE 1.5K
For the full supporting article and lots of background information and links, go to: http://worldcyclesinstitute.com/dont-… Climate is cyclical … like just about anything else in the Universe. Stick around long enough and you’ll experience it again. Let’s look at some examples. Each year has four seasons. I don’t think anyone would argue that fact, except maybe around the equator, where the seasons just don’t vary that much. Every year, we get these four seasons that happen right on schedule. They always have, and always will. These are cycles. Just like the tides. Now, tides are created by the moon and the sun … every twelve and a half hours. Some cycles are stronger, when the moon and sun are aligned in a row … the tides then are much larger. We call these spring tides and they happen twice a month. But what if seasons were similar? What if there were larger length seasons that cycled every twenty five years … and even larger one every hundred years. Dr. Ralph Wheeler discovered in fact, that there are. Dr. Wheeler spent his entire life analyzing weather cycles back over 20 centuries to 600 BC. He found that major climate cycles changed every 25, 100, 500, and 1000 years and that they’re fractal, which means there are smaller cycles within larger cycles. While we’ve had 25 years of very warm weather from about 1980 to 2000, the period before that was quite cool. In fact there were articles in all the major newspapers predicting a mini ice age. Well, you’re likely to see those again. Here are the four twenty-five year cycles: Spring: warm and wet, Summer, warm and dry, Fall: cool and wet, and Winter: cold and dry. (VISUAL) You can see how these are waves … more specifically sine waves. These cycles influence just about everything that happens on Earth. So, let’s look at this past century The roaring 20s were mostly wet and warm, but in 1929, it got very cold – the mercury plunged. Cold and dry has always led to tough economic times. The stock market crashed. Then the next year, 1930, was the driest year in over 150 years. It ushered in ten straight years of dry and hot – about the hottest on record: The Great Depression. Hot and dry weather in history has led to a major war, despotism, dictators, socialism, communism … Adolf Hitler, WWII. In the mid 40s, it turned warm and wet … the economy picked up and the war ended. It lasted through to the 60’s, when it started to cool down, we had the Beatles, love and flowers … great times! But in the late 60s, we turned cold and dry … and that led to a deep recession that lasted through the late 70s. Lots of newspaper articles warned about the coming ice age. But then it turned warm again, the stock market turned up, and business started to boom! It was a warm-wet spring cycle once again—that means prosperity … and that lasted through the 90s, when it also started to get dry again. These climate cycles happen so regularly, that in the 1940s Dr. Wheeler predicted the current change in climate with his drought clock. And sure enough, in 1998, the temperature started to cool and we’ve been getting cooler and dyer ever since. Here’s a chart of the temperature … flat … and starting to get cooler … and we all know how dry it is … look at California. He also predicted extreme weather in the early twenty first century because we’re at the end of an even larger five hundred year cycle. Two climate cycles are transitioning right now. That’s why we have such extreme weather. We’ve been moving from a warm dry climate generally to cold and dry. So … global warmers, you want cooler weather? … careful what you wish for … because it means really tough times economically. In fact, we’re heading into a depression … just like we have so many times before … all through history. Cool and dry is winter … it means civil wars, revolution, migration, riots, class struggles between rich and poor … society changes … with the weather … always has, always will. But the good news is that if you’re prepared, it’s a fabulous time to be alive. Great opportunities came from the 30s … they’ll come from the next ten years. We’ll have a revolution around the world but end up with more democracy, romance, simpler lifestyles, and change for the better we can’t even imagine. Climate is cyclical. Don’t like the weather? Wait a few decades.

Category

Apr 4 2019

Canadian Extremists Want to Sue all the Oil Companies for Causing Climate Change


Armstrong Economics Blog/Canada

Re-Posted Apr 4, 2019 by Martin Armstrong

In Canada, the left is urging lawsuits against oil companies to force them to pay for all the damage to the climate. Honestly, the oil companies should announce that they will layoff all Canadians and shut down all operations in Canada. Perhaps then these extremists will get what it means to go without oil: no more heating your home, no more driving to work, and no more food production for there will be no way to get the food to market. If you wanted to flee Canada, you would have to do so only with what you could carry in a backpack.

Categories: Canada, Climate
Apr 4 2019

Basel III – IMF – Liquidity Crisis


Armstrong Economics Blog/Banking Crisis

Re-Posted Apr 4, 2019 by Martin Armstrong

QUESTION: As of today, Basel III comes in effect. Rumour goes that in a couple of months, there will be a lot of turmoil on the market and it would be the start of the implementation of an SDR like thing where people would lose 20-30% of their value and get stuck with this new currency. You have mentioned before this was in the pipeline but no timing was given. Is it really this close or is it for 2020-2022?

PT’S

ANSWER: The IMF has been pitching Washington to let their SDR become the new reserve currency. They claim this would eliminate the problem of the Fed having to worry about external influence v domestic. Let me say that this will NEVER eliminate the issues of international capital flows. The fixed exchange rate of Bretton Woods never prevented that problem and it was that very issue that brought it crashing down. Until we are ready to begin teaching the meaning of a floating exchange rate system and abandon Keynesian economics, I do not see this problem ever being eliminated.

Basel III is separate from the IMF and its purpose is capitalization of banks — not the reserve currency of a dollar v SDR. Basel III was agreed upon by the members of the Basel Committee on Banking Supervision in November 2010, and was scheduled to be introduced from 2013 until 2015. However, implementation was extended repeatedly to March 31, 2019, and then again until January 1, 2022. The Committee replaced the existing Basel II floor with a floor based on the revised Basel III standardized approaches. This revised output floor is to be phased in between January 1, 2022, and year-end 2026, thereby becoming fully effective on January 1, 2027, if the banking system can survive that long to begin with.

The Basel III leverage ratio framework and disclosure requirements (“the Basel III leverage ratio framework”) was supposed to be raised to protect banks from failures. Many were required to raise more capital. The Net Stable Funding Ratio (“Basel III NSFR standards”) was to be applied to participating banks. Moreover, the committee is monitoring the overall impact of Total Loss Absorbing Capacity (TLAC) and banks’ holdings of TLAC instruments. Capital requirements for market risk as well as the committee’s finalization of post-crisis reforms were all supposed to be back-tested. Additionally, profit and loss (P&L) accounts related to the revised internal models-based approach (IMA) for calculating minimum capital requirements for market risk more specifically.

All of that said, the crisis we have is a LIQUIDITY Crisis. This time it has been created especially by the European Central Bank (ECB). By keeping interest rates negative and punishing banks for having cash, they have (1) lent into real estate to get higher yields but this type of asset cannot be sold easily, (2) buying emerging market debt to get a high-yield like Turkey. Turkey was the favorite of Spanish Banks and the capital controls that Turkey did before the election sent shivers down the spine of institutional investors. The ECB has driven banks into these markets that are notoriously illiquid. This means that under Basel III, banks will not have the liquid assets to support their capitalization requirements. It becomes more likely that the Basel III requirements will be suspended or else there will be a wholesale collapse of the banking system.

Apr 3 2019

We are in Global Cooling!! not warming !!


Published on Mar 8, 2017

The following is a comment I have added.

I agree with the basic premise of Murray; but I have one correction we are in a pause not a mini ice age. The long cycle is likely not to go down, easing all the previous increase for another ~100 years we are only ~900 years into the ~1000 year primary cycle.  The base we are measuring from is 14.0 Degrees Celsius (an arbitrary number) and the 2.0 Degrees Celsius limit that is the point of no return according to AOC is from that point.  We are now just under 15.0 Degrees Celsius so there is only 1.0 Degrees Celsius  of their buffer left.  The following charge shows a simple statistical projection based on current NOAA and NASA data. The chart is in percentages but it shows us that the amount of heat in the atmosphere is not likely to exceed 160 Degrees Celsius until after 2050 so all the projects are going to be 100% wrong!