Last week, an advance copy of a paper to appear in the Proceedings of the National Academy of Sciences (PNAS) was released which reported that a collection of “experts” suggests that climate tipping points (codename for something bad but we don’t know exactly what) would be knocked over by 2200 if we stay on our current greenhouse gas emissions pathway (for about the next 200 years). Underlying these views is the experts’ opinions as to what the earth’s equilibrium climate sensitivity—the rise in global temperatures resulting from a doubling of the earth carbon dioxide concentration—likely is.
But do the experts opinions actually reflect the scientific knowledge on these subjects?
The answer is no.
In fact, the experts’ opinions tended towards the extreme, despite recent science which should have reeled them in.…
Continue ReadingMasterResource, a free-market energy blog, continues to attract new talent and a growing audience. We have had approximately 45 authors to date, and our cumulative views have exceeded one-half million.
We are not a mega-blog, but we are an important addition to the energy literature that will, like a good book, be accessed and referenced for years to come.
At Technorati, MasterResource has consistently been in the top 25 (out of 1,550) “green” blogs and has reached as high as #7. But more importantly, serious students of energy policy are regulars at our site, reading our once-a-day, in-depth post or tracking down material on what Enron/Ken Lay really did, what Jim Hansen or John Holdren really said, or what BP was doing under John Browne. We preserve the excesses of the smartest-guys-in-the-energy-room for posterity.…
Continue ReadingSouth Dakota is the No. 1 place in the world for oil and gas investment, according to the Global Petroleum Survey 2010, an annual survey of international petroleum executives and managers conducted by the Fraser Institute, one of the world’s leading free-market think-tanks.
Results of the survey include:
… Continue Reading· South Dakota, which was ranked seventh out of 143 jurisdictions in 2009, vaulted into the No. 1 spot out of 133 jurisdictions included in this year’s survey results.
· Along with South Dakota, American states claimed eight of the top 10 spots this year: Texas (second), Illinois (third), Wyoming (fourth), Mississippi (sixth), Utah (seventh), Oklahoma (ninth), and Alabama (10th).
· New York is the lowest ranked state at 102nd.
· Austria, ranked fifth, is the only jurisdiction outside North America to make the top 10.