JoNova

Dr Mark Imisides, a serious skeptic candidate for the WA Senate

This is such a change. It used to be that the best a skeptic could hope for was a politician who “believes the science” but spoke in a code about wanting more evidence. But here’s a candidate openly wooing skeptics — no pandering to political correctness. Imisides is equipped with a PhD in chemistry and he wants a debate: Look at me as a type of scientific Dirty Harry, he says. He explains why lawyer-politicians use the wrong reasoning and we need scientist politicians (like him, obviously). His points are not just about Australian politics but all Western governments. He skips the scientific details here (we all know them), but I can vouch that from his past emails he’s not only done the homework on aerosols, hotspots, ice cores, and different IPCC reports, he’s even familiar with the devastating Thompson’s case (skeptical farming family). This man is a serious skeptic. Well informed, and he understands how to reason. In a double dissolution election, he’s tackling a big vacant niche so he has a real chance (and with a lucky #1 spot on the ticket to boot). I wish there were more like him in every state — scientifically aware and unapologetic skeptics.

There are a million odd “Delcons” voters out there — many of whom are skeptics in this election, and almost no one is speaking to them in this Australian election. A turning point? Looks like. If you don’t live in WA, but you like the looks of this candidate, you can still help him by sending this info to your West Australian friends. I’ll be posting more info on other parties climate stances in the next day or two. I figure skeptics would want to know this kind of candidate exists. — Jo

Guest post: Dr Mark Imisides — Senate Candidate for WA

Christian Democratic party

Despite the fact that there is increasing mistrust of the increasingly shrill warnings about climate induced disasters of every kind, it seems that none of this scepticism has made its way into the Federal Parliament.

Federal politicians seem unaware of the fact that the more recent the survey of the public, the lower down the list of priorities “taking action on climate change” is. There is a reason for this, and it is explained by the type of people who make up our Parliament.

Overwhelmingly, the most common profession on both sides of the house is law. It makes sense that lawyers would become involved in the lawmaking process, so a career in politics is an understandable progression. But on any scientific issue, however, and there is none bigger than this at the moment, they are the people least qualified to deal with it and make sensible decisions.

There are essentially two reasons why we know everything to be the true – two reasons why we believe everything that we do. Either we have seen evidence for it ourselves, or we trust the opinion of an authority on the matter. The first of these is known as “argument by evidence” and the second is “argument by authority.” For most people, our opinions are a cocktail of the two. We may like a particular car because we drove it (argument by evidence) or because we read a review of it (argument by authority). Usually, we have done both.

But there are two professions that operate at either ends of this spectrum. Science works exclusively by “argument by evidence” and law works exclusively by “argument by authority”. For scientists, precedent is nothing and evidence is everything. For lawyers, precedent is everything, and evidence – well, in a case like this, they never even get as far as looking for it.

So that, for example, when we look at a Will Steffen – someone that is paid to believe in climate change – we view his opinions with a great deal of mistrust. We understand that his employment is dependent upon the climate change thing being true, and he is not free to voice an opposing opinion. When we hear him being interviewed and making increasingly shrill predictions, we never hear him providing any evidence for these predictions. The lawyer, however, sees none of this. All they see is that an eminent professor has expressed an opinion, and it doesn’t enter into their head that he may be wrong. This is exactly how the law works. If a particular legal case comes up, they will scour the books for a similar case in the past. If they find one, they quote the outcome in this case as gospel truth. It never even occurs to them, even for a moment, that the judgement may be seen to be wrong if it were subject to re-examination. It is accepted without question, without scrutiny, and with no shred of doubt.

So when the lawyers in Parliament read the latest report from the IPCC or BOM or CSIRO they swallow it whole. And given the nature of the profession, not only do they not question it, they make sure no one else does. I discovered this recently when I tried to have a chat with Linda Reynolds (Lib WA) about it at a branch meeting. I didn’t even get to finish asking my question before she cut me off with “oh, I think we all accept the science.”

And the tragedy of this is that there are a number of sceptics in Federal Parliament, on both sides of the chamber, but they are unable to speak their mind because of party discipline. They feel that they must toe the “climate change” line.

So what do we do about it? Well for a start, get me into Parliament. I am standing for the WA Senate for the Christian Democratic Party (CDP). I chose this party because it was unashamedly Conservative, has a deep mistrust of the Greens, and allowed me to run my campaign as I wished. To this point, it has had a very rural focus. As a chemical consultant to the farming sector I am attempting to champion myself as someone who can overturn the influence of Canberra bureaucrats and departments (like the APVMA) on their farming practices – banning pesticides and herbicides without good science. This has involved a number of circulars to farmers in which these issues are discussed. I haven’t said much (although I’ve said a bit) about climate change scepticism, simply because given the current political climate, a lot of well-meaning people may have been duped by the propaganda on this and this might turn them off.

But not on this blog. On this blog I can let rip. And let rip I will if I get into Parliament. I have a Ph.D. in chemistry and have studied the art of the polemic for years. I would walk in there knowing that I was the most qualified and knowledgeable person on the topic by a country mile. And I know how to use it too. Also, as part of a minor party, I am able to do and say whatever I want. And I can place this front and centre on the national agenda. And I am hoping that this will encourage other politicians to come out of the closet, and we can begin to change the national dialogue on this. Indeed, one possibility is that I may be part of a group of Conservative senators holding the balance of power.

Keep reading →

8.9 out of 10 based on 93 ratings

Plans for an EU superstate to dissolve nations “into one”

This is so obscenely power-crazed I thought this might be satire. According to the Express a Polish TV channel received a leaked copy of a “bombshell proposal” that was to be put to some EU countries today. It’s a big-Government wet dream.

European SUPERSTATE to be unveiled: EU nations ‘to be morphed into one’ post-Brexit

The foreign ministers of France and Germany are due to reveal a blueprint to effectively do away with individual member states in what is being described as an “ultimatum”.

Under the radical proposals EU countries will lose the right to have their own army, criminal law, taxation system or central bank, with all those powers being transferred to Brussels.

Polish news channel TVP Info…. reports that the bombshell proposal will be presented to a meeting of the Visegrad group of countries – made up of Poland, the Czech Republic, Hungary and Slovakia – by German Foreign Minister Frank-Walter Steinmeier later today.

Like tossing powdered uranium onto the Euroskeptic fire. Hands-up who wants to be morphed?

Here’s a Pew Survey of views in European countries before BREXIT. Looks like a GREXIT and FREXIT are calling.

People in Poland liked the EU more than most countries did — well, they did last week.

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How popular would an EU super-morphed state be?

Keep reading →

9 out of 10 based on 55 ratings

India to delay signing Paris agreement (Thank China)

India wants to be in the Nuclear Club — that’s the bargaining chip for signing the Paris agreement.

India won’t ratify the Paris agreement unless it gets membership to the Nuclear Suppliers Group (NSG) a club that was, as it happens, set up in 1974 when a naughty India set off a nuclear test. But China is completely against India earning its NSG badge. So the big two population elephants on Earth and the monster carbon emitters are not so concerned about the future of Earth that they are going to put other rivalries aside. Priorities, indeed.

Pretty much every nation on Earth has signed up for the Nuclear Non-Proliferation Treaty (NPT) – except for India, Israel, Pakistan and North Korea. In the NPT club there are five countries rated in the Platinum Frequent Flyer Bomb Class and the rest agree not to develop nuclear bombs but are (maybe) allowed to use nuclear power. Most of the few non-signers, like India, probably have bombs, but not the “license” for global bomb club membership. Now, China helps proliferate weapons in North Korea and Pakistan so it’s a tad rich that it claims to be afraid the NPT will fall apart if they let India in.

India already has something like 7 nuclear plants which make about 6000MW of electricity, so it can use nuclear power, but it also has 300 million people who don’t have any electricity and it does’t have a lot of domestic uranium. (India is even looking at thorium reactors to get around this). But its bargaining chip in the carbon game is access to the NSG club. Did Greenpeace see this coming?

As its NSG bid fails, India says Paris Climate Agreement ratification may be delayed

NEW DELHI: India’s high energy, high profile campaign to get into the NSG failed Friday morning, as China remained adamantly opposed to even considering the issue.

After a plenary meeting in Seoul, which saw Chinese diplomats attempt to block even a discussion, the 48-member nuclear cartel could not take a decision on India’s membership.

A last minute diplomatic outreach by Prime Minister Narendra Modi with Chinese president Xi Jinping also failed to cut any ice.

A big outcome of the NSG failure is that India will now not ratify the Paris Agreement anytime soon. That agreement is a key element of US President Barack Obama’s legacy.

The Indian statement says clearly, “An early positive decision by the NSG would have allowed us to move forward on the Paris Agreement.” This will be a big blow to the Obama administration which wanted India to ratify the pact so it could enter into force.

— Read the rest in Times of India

How many negotiation points or dollars must the West give up in order to entice nations like China, India or Russia to sign strawmen agreements to change the weather? Gradually does the West cede advantage and wealth in order that parasites can profit and the climbers can win Dinner Party Kudos Points?

h/t Dennis

9.3 out of 10 based on 51 ratings

EU panic — yells “xenophobic isolationist” — at people who held the largest global empire in history

EU fans are rightly fearing the unravelling of their empire, built on decades of sneaky, undemocratic bureaucratic creep. The French, Austrians, Finns, Dutch and Germans want a vote on the EU.

All over the establishment media, the derogatory narrative is that “Little Brits” are scared of the outside world, and are xenophobic, racists, too afraid to engage with the rest of the world. So let’s look at how inward-looking and timid the Brits were in times before the EU modern wisdom.

Here’s the British Empire circa 1920:

The Sun never set on the British Empire

Map adapted from Wikipedia

Get into the spirit Rule Brittania! Want more?

“Little Britain” ran the largest empire the world has ever known — spreading democracy, justice, and one language across a broader array of races and places than any other nation. (And the real Anglosphere includes The United States of America.)

The Brits are the bigots who outlawed slavery, widow-burning and fostered democracy in India.

It’s not surprising that the Brits are leading the way out of the false anti-democratic empire known as the European Union.

The fight has just begun

Based on past form, we know that self-serving Virtue-Signallers will do everything in their power to ignore the will of the people, to be intolerant, contemptuous, and disrespectful of the “ghastly” workers. They will use any excuse to hold another referendum, and shamelessly exploit every “hate-crime” as caused by “Brexit racists”. They will feed the fires of Scottish Independence to push another Button of Fear. For years global financial markets have teetered on the brink of failure with massive debts, exhausted quantitative easings, and negative interest rates — yet if they do collapse, Brexit will be blamed for a situation that the EU helped create.

9.4 out of 10 based on 110 ratings

Brexit reporting — nobody mention “Switzerland” or “Norway”

Both sides of Brexit were shocked — the Remainers because they have never met a Brexiteer nor bothered to read their arguments. And The Brexiters were a bit shocked too — amazed that despite the big-media bias, puffed up economic scare and the blanket of institutional warnings, the public can still fight off big-gov with their votes in a bloodless coup. It’s a rare win.

Who wants to be tied to an economic basketcase?

Under the media shock and warnings of the recession coming almost no one mentioned “Switzerland”, or “Norway“. Here’s the GDP growth graph from the World Bank showing just how well the EU fares compared to the non-EU countries of Australia, New Zealand, Canada, The US, Switzerland and Norway. Note the success of the EU red line which in nearly every year is outdone by nearly everyone else. The economic disaster that the UK faces is better GDP growth.

EU GDP Growth 2008 – 2015, World Bank, compared to non-EU nations, Switzerland, NZ, US

The reasons to leave the EU were so compelling the amazing thing is that 48% of the public still voted to stay. Chalk that “success” up to the media, and on an education system that doesn’t teach children about logic reason and how to spot fallacious arguments.

From Tallblokes site:

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9.4 out of 10 based on 123 ratings

Weekend Unthreaded

And What a Weekend it is too…

8.3 out of 10 based on 26 ratings

Brexit hanging in the balance: UPDATE Leave Wins! Big gov loses :- )

Watching those results come in on Marketwatch, and The Telegraph map from @WSJeurope.

FRIDAY MORNING: Results are swinging both ways. The betting is shifting. Pound falling. Remarkable rise in the spot gold price. Telegraph reporting that Brexit is now the favourite outcome, but Marketwatch and others saying that results still to come are more likely to favour Remain from heavily populated areas in London.

UPDATED: Who cares what happens in the Australian election next week. This is brilliant news and a historic moment! In the modern era finally the creeping growth of Big-Government has been pegged back. Fittingly, the spot price of gold melted up by $100 in hours and the Kitco site melted down. Pollsters and analysts were flummoxed. The UK is a nation divided with a patchwork of areas being strongly pro or against, and no easy trend across the nation. ABC radio here is painting BREXIT as a bit of an “emotional” decision over immigration, in contrast making out that the fear of a economic pain for leaving is “rational”. As if leaving the economic basket-case that is the EU would be bad for an economy which gave more money than it took. The UK is the world’s fifth biggest economy and survived, prospered and thrived for 400 years without an EU agreement. Instead of being economically bad, this will help the UK grow as it will be freer to trade and to rebuild the Anglosphere partnerships. ABC commentators are saying this will not be good for Australia. But why? Closer ties to the UK again are a natural fit for Australia, New Zealand, Canada and the US. An EU loss is a Commonwealth win. Falling stocks in the EU reflect the sclerotic nature of the EU economy — this is a bad day for companies dependent on big-gov subsidies and rulings that prevent open competition.

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The Gold Price

Though they try, the gold price is about the only currency that, in the long run, is outside big-government control. Gold is an anti-cheating device.

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9.2 out of 10 based on 83 ratings

Green Utopia? Adventure park wants to “go solar” but raze 15,000 trees

It takes bumper government subsidies to destroy this many trees for so little reason:

Six Flags Adventure Park goes Solar — Slate

The plan, the largest solar installation in New Jersey, will generate 21.4 megawatts of electricity, enough to power the amusement park’s Garden State facility. The company projects that the initiative will eliminate approximately 215,000 tons of CO₂ emissions over 15 years…

“We are excited about the fact that this project will reduce carbon emissions by 31 times more than the trees and shrubs that will be removed, and that we will become the world’s first solar-powered theme park,” said Kristin Siebeneicher, communications manager for Six Flags Great Adventure and Safari.

The 66 acres of native wildlife may not be so excited.

Nor are the surrounding hominids. Can’t please em’:

Local residents and environmental groups—including Clean Water Action, Crosswicks/Doctors Creek Watershed Association, Environment New Jersey, NJ Conservation Foundation, Save Barnegat Bay, and the Sierra Club—beg to differ, claiming that razing nearly 15,000 trees will adversely impact water quality, air quality and sound quality; decrease the wildlife population; and affect biodiversity,…

Somewhere a plot of underground coal is being protected.

Welcome to a managed economy, where we try to fix weather problems by creating environmental and economic ones. In a free market, the forest might stay, the coal would be used, everyone would get cheaper electricity and have more cash to spare to use to go to the theme park and to donate to environmental groups.

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9.3 out of 10 based on 57 ratings

Countdown to Brexit — Britain’s Independence Day?

Best wishes to our UK friends on this important day. UPDATE: Polls shut at 10pm on Thursday UK time (7am Friday AEST). Final Tally: “breakfast time” Friday in the UK ( which is 4- 6pm on the East Coast of Australia).

“… it’s the last chance most of us are ever going to get in our lifetime to vote for an outcome which is genuinely in the interest of us the people – the demos – rather than that of the increasingly powerful, ever-more-deeply-entrenched elite.”

— James Delingpole

The British Isles Invented Freedom

“… the people of what is now called Great Britain created something entirely different from the closed and centralized regimes that have been the norm in most of human history. They produced a society where rulers were subject to the law and the law belonged to the people, where collective will did not trump individual right, and where free citizens were permitted to create and keep their own wealth. These principles have transformed the world: “The miracles of the past three and a half centuries—the unprecedented improvements in democracy, in longevity, in freedom, in literacy, in calorie intake, in infant survival rates, in height, in equality of opportunity—came about largely because of the individualist market system developed by the Anglosphere.”

— Barton Swaim reviews Daniel Hannan’s Book

Cameron’s Elite Will Stop at Nothing to Win This EU Referendum:

The Big-Gov Octopus rewards so many:

“… I talked about David Cameron and why he’s prepared to win this referendum at almost any cost. Now here’s the worrying part. This doesn’t just apply to David Cameron. It also applies to:

George Osborne; Christine Lagarde; the 10,000 EU apparatchiks who earn more than the Prime Minister; Goldman Sachs and most of the rest of the finance industry; the Magic Circle law firms; the big corporations which just love all that Euro regulation because it wipes out smaller competitors; all the big left-wing charities, environmental ones like the RSPB and the WWF especially because the EU pays them so much money; corporate lobbyists; SJW activists at Avaaz and 350.org and Change.org; the IMF; George Soros; wealthy landowners – especially those with EU-mandated wind turbines paying them squillions; everyone who works in diversity, compliance, human resources, sustainability, and equality; Nick Clegg; Nick Clegg’s lawyer wife; Liberal Democrats generally; Chris Evans and Jeremy Clarkson; everyone at the Guardian; everyone at the BBC apart from Andrew Neil, probably; and so on.

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9.3 out of 10 based on 89 ratings

CO2 hits record high: Antarctic temperatures do nothing

The terrifying effect of CO2

Feel the panic.

South Pole CO2 levels cross 400 ppm first time in 4 million years!

WASHINGTON: The Earth passed another unfortunate milestone when carbon dioxide levels surpassed 400 parts per million (ppm) at the South Pole for the first time in 4 million years, according to US scientists.The South Pole has shown the same, relentless upward trend in carbon dioxide (CO2) as the rest of world, but its remote location means it is the last to register the impacts of increasing emissions from fossil fuel consumption, the primary driver of greenhouse gas pollution, researchers said.

In response, the South pole temperatures “pause”

Satellites show the real warming effect of CO2 on the air over Antarctica (thanks Ken Stewart)

SP monthly

For thousands of years temperatures in West Antarctica have been higher than now.

Graph via WattsUP

Temperatures (orange) peaked around 4,000 years ago (top graph). Graph: T.J. Fudge | University of Washington

Notice how CO2 controls the temperature in Vostok – Not.

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9.5 out of 10 based on 69 ratings

Asteroid kills 90% of all mammal species: Anthropocene kills one rat (maybe)

Compare the tallies. Sixty-five million years ago an asteroid smacked-down and only 10% of mammal species survived. So far in the Anthropocene Catastrophe, one type of rat has been wiped off a 300m island.

Press Release Mammals almost wiped out with the dinosaurs

A study by researchers at the Milner Centre for Evolution at the University of Bath and published in the Journal of Evolutionary Biology, reviewed all mammal species known from the end of the Cretaceous period in North America. Their results showed that over 93 per cent became extinct across the Cretaceous-Paleogene (K-Pg) boundary, but that they also recovered far more quickly than previously thought.

Afterwards, mammalian life recovered with unexpected speed and diversity. Chalk one up to nature and evolution. Not so fragile?

Keep reading →

8.8 out of 10 based on 51 ratings

Bring on the climate fraud game? If Exxon can be sued, so can Al Gore, renewables, insurance, banks,

From the Republican Attorney’s General in the US – the message that policing the “global warming debate through the power of the subpoena is a grave mistake.” The Rep AG’s point out this is a public policy debate, and if other AG’s are going to use the subpoena’s to shake down companies like Exxon for supporting free speech on one side of the debate, then suddenly a lot of players are opening themselves to similar cases.

Wall St Journal: Two can play at Climate Fraud

Eric Schneiderman and Sheldon Whitehouse, call your office. The New York Attorney General and Rhode Island Senator who helped to launch the prosecution of dissent on climate change may not like where their project is headed. Thirteen state Attorneys General have sent a letter pointing out that if minimizing the risks of climate change can be prosecuted as “fraud,” then so can statements overstating the dangers of climate change.

Since the money in this debate is so one sided, it follows that a lot more people have profited from exaggerating the scare:

But the AGs’ letter points out that, “If Exxon’s disclosure is deficient, what of the failure of renewable energy companies to list climate change as a risk?” If climate change turns out to be less serious than advertised, then “‘clean energy’ companies may become less valuable and some may be altogether worthless,” the letter adds.

Insurance companies that sell products to protect from extreme weather, droughts, and floods might reap rewards from prophecies of doom that are exaggerated, ya’think?

Warren Buffett: “We’ve been remarkably free of hurricanes in the last five years. If you’ve been writing hurricane insurance it’s been all profit.””

Likewise, bankers can call themselves heroes while they lobby for schemes to save the world where financial houses scoop in brokers fees in a 2 trillion dollar carbon trading pool. Then there are all the companies selling everything from electric car batteries, to wind turbines, solar panels, pink batts, desalination, geothermal power, and hydrodams. And let’s not forget bio-diesel, ethanol, and carbon sequestration.

Trading legal blows is not the way this should be done.

We don’t think anyone should be prosecuted for engaging in political debate, but progressives have shown (see independent counsels) that they’ll cease their abuses only when the same methods are used against them.

If AG’s are going to play this card, the only response is “bring it on”. As I’ve said many times, many of the players on the Global Scare Industry are heavily leveraged in this debate. Whereas coal companies sell a product that most of the world wants and cheaper than most of the competition, the renewables/ electric car / carbon market depend entirely on the existence of a Grand Global Weather Scare.

Bolt on Flannery:

Tim Flannery, 2007:

Over the past 50 years southern Australia has lost about 20 per cent of its rainfall, and one cause is almost certainly global warming….Desalination plants can provide insurance against drought. In Adelaide, Sydney and Brisbane, water supplies are so low they need desalinated water urgently, possibly in as little as 18 months.

Tim Flannery, 2007:

So even the rain that falls isn’t actually going to fill our dams and our river systems…

But in 2016 today’s flood alert for Sydney:

One of the biggest concerns was Warragamba Dam, which was already at about 98 per cent capacity.

h/t tip to Pat, Bolt, others.

9.4 out of 10 based on 102 ratings

Weekend Unthreaded

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9.2 out of 10 based on 32 ratings

Cool Futures: World first hedge fund aims to pop the climate-bubble

Time to pop some bubbles

There is a $1.5 Trillion industry selling us better weather. If this climate money bubble were to collapse, someone is going to make a motza-lot of money. (And it might as well be the skeptics who saw it coming, eh?) Would you like to help develop a hedge fund that can play that game, and take those bets, both to invest and divest, to hedge, donate, and fund research? Another task is to also grow a philanthropic hedge fund management company.*

One day soon, you may like the idea of short-selling overvalued renewables stocks, and doing other things that profit from cooler weather or collapsing subsidies — but which fund could you invest in to manage that? It’s a niche crying out to be filled. David and I liked this idea so much when we were approached by Chris Dawson two years ago, we got involved in developing Cool Futures (and obviously stand to benefit if this comes together, see the Disclosure at the end).

Cool Futures could change the game in so many ways. The vision here is much more than just profit making. It’s about being a player, doing due diligence, putting our money where our mouth is, and having the conviction to face the risks. Instead of standing on the sidelines and telling the world what’s wrong with the current system, it’s about taking steps to make it happen — to reallocate funds to better uses. What free market thinker wouldn’t be tempted?

I’m not a financial planner (read the disclaimer at the end). I’ll leave it to Chris Dawson to explain what the fund needs and why you might want to join the team in the same way James Delingpole has. Cool Futures already has a website, the legal structure, and a Cayman Islands hedge fund in place. There is and has been a lot going on behind the scenes.

When before in history was so much misallocated money pumped into schemes to slow storms and hold back the tide? When before was low cost energy and prosperity for ordinary people despised and attacked by the politically correct, by the self-anointed elites of the West — because they ‘know’ best?

Big science is often done best outside big government. For example, Craig Ventner stepped in to beat the government-run Human Genome Project at its own game. It is long past time private industry arrived to rescue climate science from the dismal rut that monopolistic funding created.

James Delingpole in The Spectator: “I’m putting my money where my mouth is”

“…what if there were an area of the markets which you knew to be grotesquely overvalued as a result of ignorance, dishonesty, and false sentiment? You’d be mad not to bet against it…”

— Jo

PS: For perspective and insight don’t miss Jaymez’s comment at #13

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Guest Post by Chris Dawson

We’re hedging our bets on climate change, and on changing climate policy.

Hedge funds generate wealth from imbalances and economic inefficiencies. The man-made global warming scare distorts information flows, misallocates capital, and feeds corruption — and these burdens are becoming a big drag on western economies. The idea that mankind should try to change the global climate with expensive electricity is a luxury of the once rich West. As the budget screws tighten, the economic damage caused by the global warming industry will only hasten its own decline.

Every year about 1.5 trillion US dollars are directed to inefficient, subsidy-dependent businesses, at the expense of consumers and real market-driven enterprises. This destroys wealth and costs jobs.

A hedge fund manager has a special toolkit to tackle this waste. It includes advanced mathematical skills, often described as ‘rocket science’. (The same tools our team has applied to the science of climate change can also be applied to the positions taken and trades made.)

As the recognition spreads that increasing carbon dioxide has little effect on the global temperature, the manager of the Cool Futures hedge fund can redirect investment into useful market-driven areas, and can also support research aimed at better predicting the climate using factors previously ignored. Being ahead of government research, and the politically correct elite, will create its own opportunities for Cool Futures.

Like in the movie the Big Short (which was based on a true story, of a few people who in 2007 tried to warn everyone of the collapse of the artificially distorted US housing market), we are warning of the collapse of the artificial global warming industry. It will happen in a different way but, like in the movie, we plan to reap our rewards for being correct by using hedge fund techniques.

With all mainstream climate models predicting rapid warming due to increasing carbon dioxide, many industries will be totally unprepared if global cooling arrives instead. Research such as Dr Evans’ Notch Delay theory can be tested and explored in greater depth — better understanding of the timing and extent of any global cooling will allow Cool Futures to better target our investments, and enable people to better prepare for climate change.

Success breeds success. People will notice profits created through a real due diligence of the science, economics, and finance of climate change. Hopefully that will impact public policy development, potentially bringing about debates increasingly based on evidence, which should lead to better-informed policies.

Can a hedge fund run by philanthropic skeptics, while generating sufficient returns for its high net worth sophisticated investors, also act as a catalyst for the restoration of empirical science, enlightened education, and reasoned debate? We feel it can.

Right now we need seed funding, donations, and help for our impending launch. Readers can find out how to get involved through the crowd funding campaign. (Or click the logo on the right).

We believe that by using some of the financial returns of the Cool Futures Hedge Fund to aid the philanthropic efforts of the Hedge Fund Manager, the financial returns of the Fund will in turn be enhanced because of increasing public awareness of the paucity of the science case for warming and the desirability of cutting subsidies to the renewables industry.

Please explore these links, and ask any questions in the comments below.

* Our crowd funding website *

Stakeholder and interested party update

Cool Futures Funds Management website

UPDATE to make things simpler:

There are three levels of participation going forward. And it is the first level that this (blog) post is primarily targeted at. The initial objective of raising $375,000 through crowd sourcing to properly set up the due diligence, audit, structure, marketing material, offer documents, marketing campaign etc.
Treat the crowd funding stage as a donation. There are reward shares but their potential value doesn’t really change anything at this early stage. As James Delingpole said, “It cost me $75 for a single share in its management company, which I don’t think is going to make me rich. But it’s the principle that matters.”
The crowd funding site is accessed through this link: https://www.gofundme.com/t72gmpng $36,000 has been raised thus far. But as with many crowd sourcing ventures, all you really get for the money you put in here is the warm fuzzy glow of satisfaction that you are helping establish what may be an effective financial tool to take advantage of climate alarmists’ positions and to be involved and informed as things happen. Donors will obviously also be automatically included in the progress of the fund establishment and as things progress will be sent information on investment in the fund when it is ready to accept applications.
So, other than the one or two shares and other rewards for various levels of donation there will be no real financial gain by participating in the crowd funding. It is totally a goodwill gesture done, so you can actually do something tangible and ‘for a bit of fun’; and done to get a good seat on a long and enjoyable journey with like minded skeptics.
Donors to the crowdfunding at $75 and above will get some shares in the management company given to them. It is important that these shares are given to you and that your contribution is a donation, because of the regulations around asking for investors. At $75 you get 1 Management Share. $250 gets you 1 (from the Bronze $75 level, plus 2 from the Gold level – therefore 3 shares. Platinum at $2,500 gets those 3 plus 10 = 13 Shares, and Diamond gets those 13 plus 25 shares = 38.
So if you want to end up as a foundation shareholder then you only need to consider chucking some money into the crowd funding site as a donation to see if we can get this off the ground. This crowd funding stage is critical. The more resources made available from donations through the crowd funding campaign, the more likely the project has of succeeding in a timely manner.

Disclaimer

This is not an Information Memorandum or any other form of Offer Document.

This information solely is for the use of the person reading this post for the purpose of updating the reader as to progress in the establishment of the Cool Futures Hedge Fund.

This information therefore does not in any way constitute an offer to sell or a solicitation of an offer as this would require regulatory approval.

End Guest Post

In James Delingpole’s words “World’s First Anti-Global-Warming Hedge Fund Sticks It To The Greenies”

“…it feels right to be backing the only investment vehicle in the world explicitly geared to calling the Climate Scam’s bluff. Second, now I’m a ‘hedge fund manager’ not only will my friends respect me more but I’ll almost certainly be invited to join the Soros party in their private volcano in Davos next year…”

Risk, Disclosure and Disclaimer

Jo Nova and David Evans have an obvious conflict of interest and may personally benefit in the long run. David is a non-executive Director, both are shareholders. In future they may also be paid advisors and or contractors. This is not a personal recommendation to anyone to invest, because Nova and Evans are not licensed or qualified to give investment advice. Therefore they accept no liability for any losses incurred by anyone choosing to donate or invest, now, or anytime in the future, in any product related to Cool Futures, or which is developed from these donations, or connected in any way to any Cool Futures entity. Read the risks, disclosures and disclaimers on the Cool Futures site. Get professional advice. All hedge funds are risky. Etc. You know the drill…

* The Hedge Fund itself is different from the Philanthropic Management Company. The aim of the hedge fund is, naturally, to be profitable. In that process it will spin off some philanthropic benefits as a byproduct — by funding some research, doing due diligence, issuing press releases, and merely being there filling a hole in the market. In contrast, the Management Company can have philanthropic aims as an end unto itself — as a different entity, it can fund research, say, with the pure aim of research for research’s sake, rather than research for purely profit’s sake.

9 out of 10 based on 76 ratings

Climate lies for the Planet are OK (says self-proclaimed elite brain)

Oh the burden! Global Warming Saviours know they are smarter than everyone else

So much of what drives the cult of climate fear is the rewarding affirmation that they are intellectually gifted. “Pat me on the back! Tell me how smart I am!” It fills the low-self-esteem vacuum of a B-grade brain or an untrained naive mind. It’s a sugar-hit to the undisciplined being, looking for the easy road to social acceptance and glory.

The New Nostradamus of the North has caught a Huff Po comedian Xavier Toby suggesting that “maybe we need to lie” for the climate. There is no sign of satire.

In order for us to start acting on climate change then, maybe we need to tell a few lies.

Advertising does lie to us all the time. The only difference with this issue is that instead of trying to convince us to buy stuff we don’t need and is often very harmful to us, by jazzing up the campaign against climate change, we’d be saving the planet and ourselves.

So let’s rename climate change: ‘lower energy bills’, ‘higher superannuation’, and ‘healthier children for generations to come’.

So instead of ‘climate change’ what about we call it ‘extreme disasters happening right now’, ‘massive worldwide death machine’ or ‘crazy killer weather’?

In human society, telling lies is a high risk activity. A known liar loses the benefit of trust — possibly permanently — and that’s a crippling price in a gregarious social species where so much depends on promises of future payoffs for debts owed. For an serious citizen to suggest it reveals rather a lot of baggage. After all, it’s an admission that speaking the truth is not enough, and that implies that the unbelievers are too dumb to recognize a real threat. For a lie to be ethically “good”, the liar has to believe they are one of the elite chosen smartie pants that Have Seen The Light, and the mere dumb plebs can’t see it. Then it becomes a lie for the stupid punters own sake. (“Give me a medal.”)

Secondly, the liar tells themselves it is not a lie.

Who doesn’t want those things? Best of all – they’re not even lies! Switching to a clean energy future, after a short transition period, would result in all those things. [Like ‘lower energy bills’ and ‘healthier children’.]

By this contortion they justify taking the low road. The liar, lies to themselves. A lower energy bill would sell itself, so the dumb punters must be “really dumb”. And so the spiral goes.

In the modern West, schools and some families apparently don’t teach the old unfashionable, outdated stuff like the importance of moral character: that character is destiny, or that a lie is a lie. Instead a free education may mean kids learn they should get stuff for free.

9.4 out of 10 based on 119 ratings

Only one mammal on tiny island supposedly wiped out by climate that has always changed

In a nutshell — this poor little rat lived on a outcrop in the ocean near Papua New Guinea that was 300m long. It’s now gone, and some people blame “climate change”. A thousand tide gauges show the oceans are rising at 1mm a year. We also know the world was much hotter 7,000 years ago, and sea levels rose 125m in the 7,000 years before that. Somehow the rat survived that massive natural shift. Now though, its precarious existence was destroyed by your air conditioners, cars and because you ate too much meat. Modern witchcraft.

Revealed: first mammal species wiped out by human-induced climate change

Human-caused climate change appears to have driven the Great Barrier Reef’s only endemic mammal species into the history books, with the Bramble Cay melomys, a small rodent that lives on a tiny island in the eastern Torres Strait, being completely wiped-out from its only known location.

It is also the first recorded extinction of a mammal anywhere in the world thought to be primarily due to human-caused climate change.

So despite the non-stop fear campaigns about polar bears, possums, wallabys, bats, hares, pikas, this is it — the sole actual example of an extinction of a mammal living in the most high risk situation there is that is “thought” to be due to man-made climate change? So zero other extinctions. More likely zero extinctions “due to man-made weather” full stop.

The rodent, also called the mosaic-tailed rat, was only known to live on Bramble Cay a small coral cay, just 340m long and 150m wide off the north coast of Queensland, Australia, which sits at most 3m above sea level.

And here’s the graph of sea levels recorded in the best tide gauges at Papua New Guinea and the Solomon Islands according to the Australian Bureau of Meteorology. Here is the mammal-killer sea-level rise. Spot the effect of increasing CO2?

South Pacific, Sea level, Solomon Islands, Papua New Guinea, 2016

…

When this graph begins in 1994, CO2 levels were at 356ppm. Now they are 50ppm higher. How much difference did 50 ppm make?

Graph from Pacific Sea Level Monitoring Project, Monthly Data Report – April 2016

Keep reading →

9 out of 10 based on 83 ratings

Cooling in the North Atlantic

Something is going on in the North Atlantic.

Paul Homewood notes the region is cooling rapidly and it is not just surface cooling, it applies to the 700m depth that Argo buoys measure. Graphs thanks to Ole Humlum.

…

To give it some perspective that cooling is back to temperatures of about 20 years ago (see below). This is localized, not global, but still interesting (rather especially to our European friends).

This is the area mentioned in a recent study on solar winds which found faster solar winds correlate with a cooler north Atlantic.

A year ago a different paper predicted colder times were coming to the North Atlantic due to natural cycles.

The man-made aerosols prediction that bit the dust…

A paper by Robsom et al in the last couple of weeks said that the cooling trend was clear, started in 2005 and really shouldn’t have happened if man-made aerosols were controlling the North Atlantic.

“Here we show that since 2005 a large volume of the upper North Atlantic nOcean has cooled significantly by approximately 0.45 C.”

“The observed upper ocean cooling since 2005 is not consistent with the hypothesis that anthropogenic aerosols directly drive Atlantic temperatures12.”

…

So the climate models are wrong about the “aerosols” excuse which is used to explain any inconvenient non-warming phase. There are less aerosols over the North Atlantic now. This cooling really shouldn’t be happening. Looks like it’s cooling due to “internal variability” which is code for natural cycles that our models don’t understand. From Robson:

Keep reading →

9 out of 10 based on 83 ratings

Peabody Big-Coal Yeti finally spotted — funds “heart and soul” of climate denial!

The Guardian are in hot pursuit of the nickel and dime Coal-Yeti.

Analysis of Peabody Energy court documents show company backed trade groups, lobbyists and thinktanks dubbed ‘heart and soul of climate denial’

The thing is, if Peabody was keeping the heart and soul of climate denial alive, it is now flat broke — it’s over for climate denial. No heart. No soul. Denial is dead! But can anyone spot the difference… ?

Poor Guardian schmucks. Peabody were funding people who write what they believe, so Peabody came and went and the same people are still writing what they believe. If climate skeptics were in it for the money, they’d be alarmists.

Yes, Do. Lets talk about the Funding

If climate skeptics were in it for the money, they’d be alarmists.

Suzanne Goldenberg and Helena Bengtsson repeat all the usual sacred incantations completely blind to the real money. At one point they are so stuck for “big money” they whip out a $10,000 figure, and in an article about Peabody, that’s not even from Peabody, but from Arch Coal. General Electric make $20 billion a year in profits from “renewables” — when is The Guardian going to expose their political donations or funding of “dozens” of extreme left wing front groups (to use their own lingo right back at them). Not to mention the other itsy bitsy enterprizes feeding off the scare called Deutsche Bank, Citigroup, Royal Dutch Shell, and Panasonic, I could go on. Governments burn $70 billion a year subsidizing renewables, and global renewable energy investment reached $250 Billion last year, give or take a hundred billion (who cares)? It’s all part of a $1.5T climate change industry.

Whatever the influence of PeaBody is, it was nothing in comparison to the cashed up golden gravy train. Goldenberg and Bengtsson are the useful gullibles taking photos of mice while they ignore the Eleph….

Biggest US coal company funded dozens of groups questioning climate change

Peabody Energy, America’s biggest coalmining company, has funded at least two dozen groups that cast doubt on manmade climate change and oppose environment regulations, analysis by the Guardian reveals.

Two dozen — that many? They’re only taking on most universities, The EU, The UN, The World Bank, and the IMF.

Environmental campaigners said they had not known for certain that the company was funding an array of climate denial groups – and that the breadth of that funding took them by surprise.

After twenty years of non-stop propaganda denouncing Big-Coal and the massive industry of climate denial — environmental campaigners thought there would only be one dozen right, not two? Imagine their surprise.

“These groups collectively are the heart and soul of climate denial,” said Kert Davies, founder of the Climate Investigation Center, who has spent 20 years tracking funding for climate denial. “It’s the broadest list I have seen of one company funding so many nodes in the denial machine.”

The biggest mistake the coal companies made was not getting more serious and funding more skeptics.

9.4 out of 10 based on 83 ratings

Weekend Unthreaded

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8.2 out of 10 based on 48 ratings

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Notice how CO2 controls the temperature in Vostok – Not. Keep reading →

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UPDATE to make things simpler:

Disclaimer

Oh the burden! Global Warming Saviours know they are smarter than everyone else

The man-made aerosols prediction that bit the dust…

The Guardian are in hot pursuit of the nickel and dime Coal-Yeti.

Yes, Do. Lets talk about the Funding

If climate skeptics were in it for the money, they’d be alarmists.

JoNova

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Notice how CO2 controls the temperature in Vostok – Not.

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