CO2 trading – Your loss, speculators gain
CO2 trading – Your loss, speculators gain

I have updated the post A Dalton Minimum to emphasize how:

The Sun drives climate change: A seemingly obvious fact that somehow eludes our climate alarmist modelers.

Speculators will profit from global carbon trading: Speculators such as investment banks and the likes of George Soros will make billions or even trillions from any global carbon trading scheme. Trading in financial or carbon related instruments is a zero sum game. For every winner there has to be a loser. It does not create value, it simply transfers wealth from one party to the trade to another. In this case from you to speculators. Anything they make comes from our pockets.

The main addition being the following extract:

There are solid grounds for believing in the effects of the sun on climate. Our understanding of the science behind climate change may finally be catching up with Jevons:

A NOT-SO-QUIET SOLAR SURPRISE: Scientists at the National Center for Atmospheric Research and elsewhere have discovered that Earth was bombarded last year (2008) with high levels of solar energy at a time when the Sun was in an unusually quiet phase and sunspots had virtually disappeared…. Gibson and colleagues studied another solar phenomenon: discharges of high-speed streams of energy within the solar wind that carry turbulent magnetic fields out into the solar system. Comparing the current solar minimum with measurements during the last minimum in 1996, the researchers found that even though the sunspots were the lowest they have been in 75 years, the Sun’s electromagnetic impact on the outer reaches of the atmosphere was three times greater.

and:

Researchers Say Sun Cycle Alters Earth’s Climate: The team first confirmed an earlier theory, that the slight increase in solar energy during the peak production of sunspots is absorbed by stratospheric ozone. The energy warms the air in the stratosphere over the tropics, where sunlight is most intense, while also stimulating the production of additional ozone there that absorbs even more solar energy. Since the stratosphere warms unevenly, with the most pronounced warming occurring at lower latitudes, stratospheric winds are altered and, through a chain of interconnected processes, end up strengthening tropical precipitation.

At the same time, the increased sunlight at solar maximum causes a slight warming of ocean surface waters across the subtropical Pacific, where Sun-blocking clouds are normally scarce. That small amount of extra heat leads to more evaporation, producing additional water vapor. In turn, the moisture is carried by trade winds to the normally rainy areas of the western tropical Pacific, fueling heavier rains and reinforcing the effects of the stratospheric mechanism.

The top-down influence of the stratosphere and the bottom-up influence of the ocean work together to intensify this loop and strengthen the trade winds. As more sunshine hits drier areas, these changes reinforce each other, leading to less clouds in the subtropics, allowing even more sunlight to reach the surface, and producing a positive feedback loop that further magnifies the climate response.

Naturally the climate change alarmists models do not have variations in the Sun’s output driving climate on earth. Doing so would limit their ability to blame human CO2 output. Without being able to blame developed capitalist countries they will not be able to implement global income redistribution. The left-green house of cards collapses along with their funding and ability to expropriate the wealth of others through climate change “abatement” policies.

Accepting climate is driven by something other than people also removes from traders a potential revenue stream comprising part of the value of everything anyone does. It is a component of everything anyone does, because activity takes energy. And with a carbon trading scheme part of the money used to obtain the right to do something will be secured by traders. We can expect the vested interests and their useful idiots to fight tooth an nail to prevent this outcome. They care not how much ordinary people are harmed so long as they get the opportunity to take billions or even trillions of dollars from them. Without human Co2 driven climate change and carbon trading the likes of Goldman Sachs will be poorer, the people of the world as a whole far richer. I know whose side I am on, how about you?



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