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Archive for the ‘environment’ Category

New derivation of equations governing the greenhouse effect reveals “runaway warming” impossibleMiklós Zágoni isn’t just a physicist and environmental researcher. He is also a global warming activist and Hungary’s most outspoken supporter of the Kyoto Protocol. Or was.That was until he learned the details of a new theory of the greenhouse effect, one that [...]

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Any enviros want to refresh me on how well the 2007-8 temperature forecasts of Pope Al and the cardinals of climatology stacked up to reality?
Anyone?
Bueller?

Snow cover over North America and much of Siberia, Mongolia and China is greater than at any time since 1966.The U.S. National Climatic Data Center (NCDC) reported that many American cities [...]

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Today I ran across an educational rant on political manipulation of catastrophe insurance, and how Charlie “Mr. Popular” “Mark Foley’s homeboy” Crist is realizing a political windfall by swinging a massive wrecking-ball at Florida’s catastrophe insurance market.
The short story is that Crist has “nationalized” Florida’s market for hurricane insurance. By legislative fiat, Florida taxpayers now [...]

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I am shocked — shocked! — that Beijing was caught goosing its environmental data!

Beijing’s Sky Blues
By STEVEN Q. ANDREWS
January 9, 2008
BEIJING — Blue skies are here again in Beijing, just in time for the Olympics — or are they? Last week the Chinese government rolled out new statistics claiming that air quality has dramatically improved [...]

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Michael Pettis is the best China-centric theoretical-finance commentator I have come across in the no-fees blogosphere. He has posted another good article, which focuses on the PBOC’s latest interest-rate adjustment.

For the sixth time this year the People’s Bank of China raised interest rates, which was not a surprise. The PBoC raised its 1-year benchmark lending [...]

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Somewhat like Bill Clinton’s recent Reliving History lowlight, another institutional malefactor has now crawled out from his spider-hole, hopeful that entropy has dulled the American collective memory enough for him to tell us what to do, without being laughed out of the room.
Richard Armitage, if you recall, was the Foggy Bottom apparatchik who actually leaked [...]

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Between the dead dollar, the collapse of various “banking” sectors (mortgage originators, ABCP-spewing SIVs, etc), Iraq, and global warming, faith-based initiatives prophesying apocalypse are clearly enjoying the bull market of a generation.
Global warming has been a particular hobbyhorse of mine. I don’t have the scientific grounding, time, or patience to be “well-informed” about climatology, [...]

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