Search Results for: "Ken Lay"
Relevance | DateCooling the Climate Models: Briggs, Legates, Monckton, Soon Go Simple
By Sterling Burnett -- February 9, 2015 No Comments“Each of the complex climate models used by the IPCC grossly overstates the amount of warming the planet has experienced during the past 120 or so years. In addition, based on the idea that temperatures should rise right along with CO2 emissions, these models have missed the entire 18+ year hiatus in rising temperatures.”
In early January, the noted science journal Science Bulletin published a paper by Lord Christopher Monckton; Astrophysicist Willie Soon, Ph.D.: climatologist and geologist David Legates, Ph.D.; and statistician William Briggs, “Why Models Run Hot: Results from an Irreducibly Simple Climate Model,” which introduced a new, simple model of the climate’s response to adding CO2 to the atmosphere. Their model outperformed the complex climate models used by the IPCC to project future temperatures and temperature trends.…
Continue ReadingThe ‘General Interest Effect’: Why the Free Market is a Hard Sell
By Roy Cordato -- February 6, 2015 No Comments“The benefits of allowing the free market in oil and gasoline to operate, particularly in the moment as opposed to several months or a year down the road, are not only diffuse and widespread but cannot be directly compared to the immediate, concentrated, and highly visible costs being realized in the oil industry. In fact, most of these benefits have yet to occur.”
There is a proposition in public choice economics called the special interest effect. It basically argues that government grows because, for most government programs, there are concentrated beneficiaries and diffused cost bearers. What this means is that the benefits of government programs will fall on relatively small, easily definable and therefore organizable groups, i.e. special interests, while the costs will be thinly spread across the population as a whole.…
Continue ReadingOn That ‘Global Warming’ Blizzard
By Chip Knappenberger -- February 2, 2015 No CommentsAbout a week ago, a strong winter storm, known as a nor’easter, was making its way, hit and miss, up the Northeastern seaboard. While forecasts of two feet or more in New York City were busts, forecasts of near three feet in the Boston environs were right on.
As almost goes without saying nowadays, speculation as to the influence of human-caused global warming on the behavior of the snowstorm are rife. Any by “speculation,” I mean blaming global warming for the storm’s ferocity.
And, as also goes without saying, the actual science behind such speculation is both slim and countered by a large body of confounding evidence.
But the number of stories in the mainstream media that hyped the former greatly outnumbered any that even bothered to mention the latter.
Below is reprinted a blog post that I co-authored with Patrick Michaels for the Cato Institute in the hours leading up to the storm trying to tamp down the global warming hype.…
Continue ReadingDemand-Side Planning: Utility Rent-Seeking Meets Ecostatism
By Jim Clarkson -- January 29, 2015 No CommentsEconomic conservation of energy consists of voluntary actions and investments that make sense to the decision-maker in a free-market setting. Political conservation is government-directed energy reduction measures. The later, conservationism, is energy savings for its own sake through monopolistic coercion or special favor (tax beak, crony regulation, or public check).
Demand-Side Management (DSM) programs by electric utilities are a major element of conservationism. Those who support reasonable efficiency and the elimination of waste should let the energy-efficiency politicos have the DSM term and use other words to describe what is favored.
DSM rose to regulatory prominence during the late 1980’s following the disastrous nuclear generation construction programs of the electric utilities. The confidence of the utility industry and its regulators in high-cost building programs shaken, they listened to new other approaches to meet future energy demand.…
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