30 Years Of Global Warming Forecasts Have All Failed
by Martin Armstrong
The Wall Street Journal just published a review of the Global Warming Forecasts for the past 30 years. They have not even come close to the scenarios they put forth back in 1988. On June 23, 1988, the then NASA scientist James E. Hansen who helped to start all this nonsense testified before the Senate Committee on Energy and Natural Resources. He stated that he expressed had a “high degree of confidence” in “a cause-and-effect relationship between the claimed CO2 induced “greenhouse effect and observed warming.” That is how government characterizes something when they are guessing – “high degree of confidence” which was the same words used to invade Iraq who had weapons of mass destruction. He later came out and said: “Simply stated, there is no doubt that Saddam Hussein now has weapons of mass destruction.” (August 25, 2002). The CIA Director testified before Congress and said:“We said in the estimate with high confidence that Iraq had them.” (see TranscriptWashington Post). Why does anyone EVER believe those in government? They cannot even forecast GDP accurately when they fudge the numbers.
Here is Hansen’s forecast. The dark red overlay is actual surface temperatures reported and there is even a controversy surrounding them that they have been constantly skewed higher to not look like complete idiots. Even the models devised by the United Nations Intergovernmental Panel on Climate Change, are at least twice the actual temperature by now even with fudged numbers. So why are all these model so exaggerated?
These models are completely VOID of cyclical models and they do not even understand that this is a cycle. They are constructed with same idiotic bases that whatever trend is in motion will remain in motion. The Dow Jones Industrials closed 1932 at 60.26 and 1933 at 98.67. That was a 63.7% gain year over year. By assuming that trend will remain in motion, which was his dire forecast, the Dow would have reach 96,433,885,025.00 by 1975. That makes 50,000 look cheap.
Even averaging a 5-year advance VOID of understanding cycles, fails to provide a valid forecast ever. If I take the closing in the Dow of 2009 and the closing of 2014, the average advance was 1479 points per year. Now take the 2014 closing of 17823.07, that gives me 25,218.09. That is fine because we have been in a bull market. We all know the cycle will change. That is what is wrong with the global warming forecasts.
What actually happened, they got $1 billion for research by scaring the HELL out of everyone. I wonder what kind of chart I should make to get $1 billion handed to me from Congress with no performance requirements. What a deal.
(TLB) published this article from where it first appeared at Armstrong Economics.
The Liberty Beacon Project is now expanding at a near exponential rate, and for this we are grateful and excited! But we must also be practical. For 7 years we have not asked for any donations, and have built this project with our own funds as we grew. We are now experiencing ever increasing growing pains due to the large number of websites and projects we represent. So we have just installed donation buttons on our main websites and ask that you consider this when you visit them. Nothing is too small. We thank you for all your support and your considerations … TLB
Follow TLB on Twitter @thetlbproject
The views expressed here belong to the author and do not necessarily reflect our views and opinions.
TLB has other above the fold articles, videos and stories available by clicking on “HOME” at the top of this post. Never miss a new post, sign up for E-Mail alerts at the bottom of the Home page and get a link dropped right to your in-box.
TheLibertyBeacon.com contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.