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Robert Wagner  

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  • Consequences Of A Farmland Bubble, And Who Gets Hurt When It Bursts? [View article]
    New era of cheap oil 'will destroy green revolution'


    The collapsing oil price that is reshaping the global economy could derail the green energy revolution by making renewable power sources prohibitively bad value, experts have warned.

    Oil tumbled below $60 a barrel for the first time in more than five years yesterday – a fall of 44 per cent since June. It is forecast to fall further.

    A new “era of cheap oil” would be good news for consumers and motorists – but analysts say the consequences for politics, industry and the climate could be even more radical.

    http://ind.pn/1ssXK5Z
    Dec 14, 2014. 08:28 PM | 1 Like Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    "I hope you're not making the argument that if someone else can't explain it, that proves your theory correct. It's certainly a mystery but that doesn't prove intelligent design. "

    I don't think I made any judgments, I simply asked the obvious question. I'm smart enough to know what I don't know. Chemical reactions and their rates are well known, there is a theory as to when the earth was created so we know the time line, it should be a pretty simple mathematical problem to demonstrate that DNA can form randomly over that period. Every study I've seen claims that it is pure nonsense to think DNA can form randomly over that short a time period, but maybe someone has evidence that I don't know about. Lastly, I'm pretty sure there is no valid scientific theory at all that can explain how life is formed from DNA. We have DNA from Mastadons, but that doesn't make a living Mastodon. There are serious missling links in all these theories, and I'm the first to admit I don't have any of the answers. As far as AGW however the data available is easily used to prove that it is based upon pure junk science. That I do know. Don't take my word for it, simply download the ice core data and apply the scientific method to it.
    Dec 7, 2014. 05:57 PM | Likes Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    Germany is considered a green success story:

    German Renewable Energy Keeps Blacking Out! Supply Often Less Than 2% Of Wintertime DemandBy P Gosselin on 6. Dezember 2014 My last post featured a commentary by renewable energy expert Prof. Fritz Vahrenholt, who forcefully conveyed the folly of Germany’s mad rush into renewable energy, and the country’s hysterical obsession with its suicidal fast-track shutdown of its stable base-electric-power generation. What follows are German electrical power supply charts that clearly illustrate in no uncertain terms Prof. Vahrenholt’s points. To show just how unreliable wind and sun really are, the first chart shows Germany’s power production, broken down according to the respective sources, over the last 3 and half days: - See more at: http://bit.ly/15Y1dPI
    Dec 7, 2014. 05:33 PM | 1 Like Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    We need an SEC to audit climate "science." Is these were done in the financial world these "scientists" would be behind bars.

    The obvious message is that these particular proxies don’t work now and probably never did, and that this hockeystick shape depends on not using tree rings after 1980.

    More important than the details of one proxy, is the message is that the modern bureaucratized monopolistic version of “science” doesn’t work. Real scientists, who were really interested in the climate, would have published updates years ago. (Indeed, would never have published the hockeystick graph in the first place. Its dysfunctional combination of temperatures and truncated proxies mashed through a maths process so bad it produces a hockey stick most of the time even if the data is replaced by red noise.)

    The screaming absence of this obvious update for so long, is an example of what I call the “rachet effect” in science — where only the right experiments, or the right data, gets published. It’s not that there is a conspiracy, it’s just that no one is paid to find the holes in the theory and the awkward results sit buried at the bottom of a drawer for a decade. The cortex soaked in confirmation-bias couldn’t figure out how to explain them.

    http://bit.ly/1BqvVhk
    Dec 7, 2014. 10:35 AM | Likes Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    If this were done in the financial world, these "scientists" would be behind bars, not continue to get government grants. Cherry picking data was instrumental in constructing the main data source on which all this AGW nonsense is based.

    The obvious message is that these particular proxies don’t work now and probably never did, and that this hockeystick shape depends on not using tree rings after 1980.

    More important than the details of one proxy, is the message is that the modern bureaucratized monopolistic version of “science” doesn’t work. Real scientists, who were really interested in the climate, would have published updates years ago. (Indeed, would never have published the hockeystick graph in the first place. Its dysfunctional combination of temperatures and truncated proxies mashed through a maths process so bad it produces a hockey stick most of the time even if the data is replaced by red noise.)

    http://bit.ly/1BqvVhk
    Dec 7, 2014. 10:29 AM | Likes Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    "For anyone to believe that they have all the answers, that their truth is absolute above all others, well that makes me laugh, that's not good science either it's arrogance."

    Yep, that is why the consensus nonsense is such a joke. Thanks for pointing that out, those 98% of climate scientists obviously have never run simple statistical analysis on the available ice core data. That is what is so shocking. Those 98% of experts are supporting a conclusion that anyone with an Excel spreadsheet can reject. Those are the real dangerous people. People that are so arrogant that they allow political agendas, personal opinions and wishful thinking to over ride the data. All by posts are based upon analyzing the data and affording the reader the ability to reach their own conclusions. My distractors simply refer to a biased and fraudulent 98% consensus.
    Dec 7, 2014. 09:23 AM | Likes Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    Believe it or not, President Obama still has a video of Solyndra up on the WH Website to promote the success of his Green Economy agenda:
    http://1.usa.gov/1w1tU6z

    I'm sure the GOP will put that video to good use in the upcoming hearings. I personally can't believe they still have that video up.
    Dec 7, 2014. 09:18 AM | 1 Like Like |Link to Comment
  • Balance Sheets Mean Little To Green Economy Stocks: Why I Hate Book Value Analysis [View article]
    Believe it or not, President Obama still has a video of Solyndra up on the WH Website to promote the success of his Green Economy agenda:
    http://1.usa.gov/1w1tU6z

    I'm sure the GOP will put that video to good use in the upcoming hearings.
    Dec 7, 2014. 09:17 AM | Likes Like |Link to Comment
  • Balance Sheets Mean Little To Green Economy Stocks: Why I Hate Book Value Analysis [View article]
    We are about to witness the crux of this article. The tax extenders bill should be voted on next week by the Senate. If it passes the Senate and is signed by President Obama, regardless of its book value companies like REGI should do very well. If it doesn't pass, you can expect them to get hurt, at least until clarity is given if it will pass next year under the new congress. Bottom line, subsidies, not book value is what matter to the green economy stocks.
    Dec 7, 2014. 09:14 AM | Likes Like |Link to Comment
  • Central Bank Buying Of Gold Is A Double-Edged Sword [View article]
    It looks like others are picking up on the theme I wrote about back in 2013:

    Will There Be Forced Official Sellers Of Gold?

    Possible Side-Effects of Plunging Commodity Prices - A Look at Russia

    One of our readers wrote to us with a question on a topic that will surely be of interest to a wider audience. Here is what he asked:


    "As FX reserves dwindle, surely there is some potential that Russia may be forced seller of Gold? I understand your views re gold market, but would be most interested to hear your thoughts on the possible impact? Are there other options? Talk of gold backed RUB, default on USD debts, etc."

    It is clear that a number of major oil producers are in severe trouble. However, Russia's central bank has actually increased its gold reserves in recent months. It is now the world's 5th largest official holder of gold, after increasing its stock pile to 1,150 tons in September (the most recent data available).

    http://seekingalpha.co...
    Dec 7, 2014. 09:09 AM | Likes Like |Link to Comment
  • Bottom In Gold Likely To Be Below $770 [View article]
    I've been making this case for a while, and it will likely be the driver for gold's next leg down:

    Will There Be Forced Official Sellers Of Gold?

    Possible Side-Effects of Plunging Commodity Prices - A Look at Russia

    One of our readers wrote to us with a question on a topic that will surely be of interest to a wider audience. Here is what he asked:


    "As FX reserves dwindle, surely there is some potential that Russia may be forced seller of Gold? I understand your views re gold market, but would be most interested to hear your thoughts on the possible impact? Are there other options? Talk of gold backed RUB, default on USD debts, etc."

    It is clear that a number of major oil producers are in severe trouble. However, Russia's central bank has actually increased its gold reserves in recent months. It is now the world's 5th largest official holder of gold, after increasing its stock pile to 1,150 tons in September (the most recent data available).

    http://seekingalpha.co...
    Dec 7, 2014. 09:06 AM | Likes Like |Link to Comment
  • Investors' Guide To El Nino, Climate Change And Summer Weather Forecast [View article]
    Here is a nice site for keeping track of the real science behind global wrming:

    http://bit.ly/1w1qErP
    Dec 7, 2014. 09:00 AM | Likes Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    This is the problem with this "science." The warmists deliberately choose the least accurate and highly manipulated data source to make their case. If this was done in the financial world the SEC would have these people behind bars.

    Led by the BBC, the usual media suspects were quick to trumpet last week’s claims by the Met Office and the World Meteorological Organisation that 2014 is set to be “the hottest year ever”. It’s funny that the rest of us hadn’t noticed; least of all those citizens of North America and Russia whose lives were lately disrupted by record snowfalls. It is true that the temperature records compiled by the avid warmists of the Met Office and the Goddard Institute for Space Studies (the one formerly run by climate activist James Hansen) have managed to show this year squeaking just ahead of 2010 as “the hottest year since records began”. But the much more comprehensive and reliable satellite records agree that 2014 is way down the list, with six of the past 16 years ahead of it.

    The reason for this excitement just now, even before the final 2014 data are in, is that it is timed to coincide with yet another two-week UN climate conference in Lima, where thousands of officials and activists are gathered to whip up support for next year’s planned “universal climate treaty” in Paris.

    http://bit.ly/1BoZNus
    Dec 6, 2014. 06:54 PM | Likes Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    Yet it’s conservatives – religious, less educated, less wealthy and certainly less liberal – who are generally condemned for dogmatically refusing to embrace science. After all, they’re the knuckle-draggers who believe that evolution is just a story and that global warming is a crock. In Canada, a week is not complete without another denunciation of Prime Minister Stephen Harper’s so-called war on science.

    But what about the progressives’ war on science? That war actually kills people. As Hank Campbell, co-author of the book Science Left Behind, writes, “If some crank school district tries to deny evolution, no one is going to die and it just makes them look backward and stupid. Denying food, medicine and energy science, like progressives do, is costing lives.”

    In Canada, the progressive war on science is aimed squarely at the energy industry. A large number of Canadians believe that anything connected to fossil fuels is inherently suspect. It’s not just global warming – it’s that they are thought to be inherently dangerous. They leak, spill, kill birds, devastate natural spaces and poison our earth, water and air. One reason nobody can get a pipeline built these days is because of ridiculously exaggerated safety fears.

    http://bit.ly/1yqtpRU
    Dec 6, 2014. 05:09 PM | 1 Like Like |Link to Comment
  • GOP Hearings On Climate Change May Threaten Entire Green Economy [View article]
    "“[T]he Supreme Court made clear in 2007, and affirmed recently that EPA has an obligation to limit carbon pollution because it’s a harm to human health,” an EPA spokeswoman told The Daily Caller News Foundation."

    This is a complete joke, and the GOP should have an easy time refuting this. CO2 is 400 PPM in the atmosphere, and 40,000 PPM in your lungs. Our Nuclear Subs have a Co2 level of 10,000 PPM. There is no scientific evidence to support the claim that CO2 at normal levels are harmful to your health, in fact, they are necessary for life. Plants die under 200 PPM.
    Dec 6, 2014. 04:57 PM | 1 Like Like |Link to Comment
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