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Saturday, February 17, 2007

Global Warming - It's What You Show

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In the last two days, I have shown the impact of how data is shown by displaying identical data in different ways that tell dramatically different stories. I will now return to the original temperature graph in its original form (expanded vertical axis) and a similar graph from another source with a similar display of the data. While the two charts below are from different sources, they show the same thing: temperatures have trended up over the past century.

The first chart, which was presented in 3 additional ways, is from Dr. Richard A. Muller, University of California, Berkeley. If you remember from posts the previous two days, the vertical scale is greatly exaggerated in order to show changes that, in clearer perspective, are quite small.



This second chart is from a presentation given by Dr. Timothy Patterson, Carleton University, Ottawa

Click for enlarged view

What's the difference? The first chart is similar to many used to show that our climate is warming and make a connection to the fact that CO2 concentrations in the atmosphere are higher now than in recent history (but much lower than ice core data).

The second chart agrees and uses roughly the same scaling. Temperatures are higher now than a century ago. And it also shows CO2 levels at the highest level (at least in the last century).

So do the two professors agree? Well, at least partially. They both agree that temperatures have trended up slightly over the past century. But Dr. Patterson has raised a question that many others have, but is ignored by those adhering to the anthropogenic CO2 concept of global warming.
"If CO2 is of such critical importance to climate change why was there a large temperature rise prior to the early 1940s when 80 percent of the human produced carbon dioxide was produced after World War II? When CO2 levels finally began to increase dramatically in the postwar years why was there a concomitant interval of about 30 years of cooling? One would think that if CO2 had such critical control over climate that the relative abundance of CO2 in the atmosphere would be in lock step with global temperature. Many researchers realize the difficulties that are presented by trying to make CO2 the key factor in climate change."
Climate modelers, such as those who write at RealClimate.org often simply ignore this as "old news" or some such and say that their models demonstrate that CO2, specifically anthropogenic CO2, is the driver of climate change... global warming, if you will. That's the point, they don't really address the anomaly, they dismiss it... based on a correlation at the tail end of the data.

Now, I can't tell you whether relative sunspot activity (as shown in Dr. Patterson's chart) or other factors that other scientists have identified, such as cosmic rays or phytoplankton, affected the relationship between temperature change and CO2. The point is, the relationship did change. CO2 increased for 30 years and temperatures trended downward for 30 years. Now temperatures have trended upward for 20 years while CO2 increased for 20 years.

What does dismissal of other factors explain? And why, or is, the inconsistency being ignored? And how do the models handle it? As an anomaly that is smoothed out?
In conclusion, there is a great deal of confusion among non-scientists and politicians regarding the nature of climate change and possible global warming. Much data has been presented in ways that, while not intentionally misleading, does mislead and possibly misinform as a result.

For example, in yesterday's chart, I compared a global average temperature to regional average temperatures and asked if the reader thought that a 1 degree C change looked all that significant. The answer is that there is probably no good way to predict, with certainty, if that amount of global temperature change will result in a similar change for all of the regional climates, or if some regions will be devastated while others are significantly improved... or if like the 20th century there are fluctuating changes in weather patterns over decades, but little long term relationship apparent.

In addition to the confusion regarding the significance of changes that have occurred and may occur, there are questions that seem to be ignored or brushed off as "unimportant" in an effort to provide a simple answer to a complex issue.

My hope is that this series of three posts have provided a beginning point for better understanding and discussion stripped of hyperbole and emotion, not only among scientists, but especially among non-scientists and politicians.

Consequently, I have separately emailed Senator Carl Levin from my state, Michigan, who is becoming more involved in the policy and legislation efforts about CO2 and global warming... and have asked him to consider the issues raised here during the last three days. With billions of dollars in the balance, including subsidies and penalties, our lawmakers should be certain of what we will be paying for before sending us the bill.

In order for politicians reasonably to make... or refrain from making... new policies or legislation related to controlling global warming or climate change, scientists need to:
  1. resolve differences in the factors that are relevant in assessing global temperature changes
  2. significantly improve the ability to project climate change by region to determine if changes are detrimental or beneficial to different regions
  3. provide realistic time scales for changes to occur
  4. assess if the focus on CO2 alone is appropriate, needed, and achievable
As Dr. Michael Hulme, Director, Tyndall Centre for Climate Change Research said in an article published by the BBC, November 2006:
It seems that mere "climate change" was not going to be bad enough, and so now it must be "catastrophic" to be worthy of attention.

The increasing use of this pejorative term - and its bedfellow qualifiers "chaotic", "irreversible", "rapid" - has altered the public discourse around climate change.

This discourse is now characterised by phrases such as "climate change is worse than we thought", that we are approaching "irreversible tipping in the Earth's climate", and that we are "at the point of no return".

I have found myself increasingly chastised by climate change campaigners when my public statements and lectures on climate change have not satisfied their thirst for environmental drama and exaggerated rhetoric.

It seems that it is we, the professional climate scientists, who are now the (catastrophe) sceptics. How the wheel turns.
It's how you say it; it's how you show it; it's what you show... and who you talk to about it.

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CO2 Cap and Trade

There is always an easy solution to every human problem—neat, plausible, and wrong.
Henry Louis Mencken (1880–1956)
“The Divine Afflatus,” A Mencken Chrestomathy, chapter 25, p. 443 (1949)
... and one could add "not all human problems really are."
It was beautiful and simple, as truly great swindles are.
- O. Henry
... The Government is on course for an embarrassing showdown with the European Union, business groups and environmental charities after refusing to guarantee that billions of pounds of revenue it stands to earn from carbon-permit trading will be spent on combating climate change.
The Independent (UK)

Tracking Interest Rates

Tracking Interest Rates

FEDERAL RESERVE & HOUSING

SEARCH BLOG: FEDERAL RESERVE for full versions... or use the Blog Archive pulldown menu.

February 3, 2006
Go back to 1999-2000 and see what the Fed did. They are following the same pattern for 2005-06. If it ain't broke, the Fed will fix it... and good!
August 29, 2006 The Federal Reserve always acts on old information... and is the only cause of U.S. recessions.
December 5, 2006 Last spring I wrote about what I saw to be a sharp downturn in the economy in the "rustbelt" states, particularly Michigan.
March 28, 2007
The Federal Reserve sees no need to cut interest rates in the light of adverse recent economic data, Ben Bernanke said on Wednesday.
The Fed chairman said ”to date, the incoming data have supported the view that the current stance of policy is likely to foster sustainable economic growth and a gradual ebbing in core inflation”.

July 21, 2007 My guess is that if there is an interest rate change, a cut is more likely than an increase. The key variables to be watching at this point are real estate prices and the inventory of unsold homes.
August 11, 2007 I suspect that within 6 months the Federal Reserve will be forced to lower interest rates before housing becomes a black hole.
September 11, 2007 It only means that the overall process has flaws guaranteeing it will be slow in responding to changes in the economy... and tend to over-react as a result.
September 18, 2007 I think a 4% rate is really what is needed to turn the economy back on the right course. The rate may not get there, but more cuts will be needed with employment rates down and foreclosure rates up.
October 25, 2007 How long will it be before I will be able to write: "The Federal Reserve lowered its lending rate to 4% in response to the collapse of the U.S. housing market and massive numbers of foreclosures that threaten the banking and mortgage sectors."
November 28, 2007 FED VICE CHAIRMAN DONALD KOHN
"Should the elevated turbulence persist, it would increase the possibility of further tightening in financial conditions for households and businesses," he said.

"Uncertainties about the economic outlook are unusually high right now," he said. "These uncertainties require flexible and pragmatic policymaking -- nimble is the adjective I used a few weeks ago."
http://www.reuters.com/

December 11, 2007 Somehow the Fed misses the obvious.
fed_rate_moves_425_small.gif
[Image from: CNNMoney.com]
December 13, 2007 [from The Christian Science Monitor]
"The odds of a recession are now above 50 percent," says Mark Zandi, chief economist at Moody's Economy.com. "We are right on the edge of a recession in part because of the Fed's reluctance to reduce interest rates more aggressively." [see my comments of September 11]
January 7, 2008 The real problem now is that consumers can't rescue the economy and manufacturing, which is already weakening, will continue to weaken. We've gutted the forces that could avoid a downturn. The question is not whether there will be a recession, but can it be dampened sufficiently so that it is very short.
January 11, 2008 This is death by a thousand cuts.
January 13, 2008 [N.Y. Times]
“The question is not whether we will have a recession, but how deep and prolonged it will be,” said David Rosenberg, the chief North American economist at Merrill Lynch. “Even if the Fed’s moves are going to work, it will not show up until the later part of 2008 or 2009.
January 17, 2008 A few days ago, Anna Schwartz, nonagenarian economist, implicated the Federal Reserve as the cause of the present lending crisis [from the Telegraph - UK]:
The high priestess of US monetarism - a revered figure at the Fed - says the central bank is itself the chief cause of the credit bubble, and now seems stunned as the consequences of its own actions engulf the financial system. "The new group at the Fed is not equal to the problem that faces it," she says, daring to utter a thought that fellow critics mostly utter sotto voce.
January 22, 2008 The cut has become infected and a limb is in danger. Ben Bernanke is panicking and the Fed has its emergency triage team cutting rates... this time by 3/4%. ...

What should the Federal Reserve do now? Step back... and don't be so anxious to raise rates at the first sign of economic improvement.
Individuals and businesses need stability in their financial cost structures so that they can plan effectively and keep their ships afloat. Wildly fluctuating rates... regardless of what the absolute levels are... create problems. Either too much spending or too much fear. It's just not that difficult to comprehend. Why has it been so difficult for the Fed?

About Me

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Michigan, United States
Air Force (SAC) captain 1968-72. Retired after 35 years of business and logistical planning, including running a small business. Two sons with advanced degrees; one with a business and pre-law degree. Beautiful wife who has put up with me for 4 decades. Education: B.A. (Sociology major; minors in philosopy, English literature, and German) M.S. Operations Management (like a mixture of an MBA with logistical planning)