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  • Time to Buy and Hold for Reflation: Four Promising Sectors  [View article]
    The impact of Co2 on global warming is an issue very relevant to the future of coal. China and India both understand that our view of Co2's potential impact on the environment is, at best, silly!

    Many "real" scientists are now speaking out on this. Most are amazed that the junk science promoted by Al Gore has gone this far, when there is really ZERO evidence that our climate is behaving now, any differently than it has for the past 12,000 years.

    www.petitionproject.or.../

    People who understand nothing at all about CO2, are now radically opposed to burning fossil fuels which release CO2. Most non-analytical people (probably 4 out of 5 people) view CO2 as a toxic gas which, if left unchecked, will eventually kill all life on earth. Given that CO2 is necessary for life to exist, this is really some marketing job which has been done by the Gorite camp.

    If you ever find yourself discussing the "horrors of global" emissions with a "radical believer" in the 'CO2 will kill the earth theory', here are two questions to ask.

    1. How much Co2 is now in the atmosphere, compared to 150 years ago? Most will not know... the answer is 285 ppm vs. 385 ppm. To put that into a visual format, picture a 5 ft by 20 ft cylinder filled with 10,000 tennis balls, where each tennis ball represents some form of atmospheric gas, i.e. Nitrogen, Oxygen, Argon, Helium, Water Vapor etc.. , Going back 150 years ago, 3 of those balls would have represented Co2. Today, at 385 ppm, Co2 would be represented by 4 balls. So "at least" 3 out of 4 of those tennis balls were put in the atmosphere by mother nature. Many scientists also believe that a significant percentage of that 4th tennis ball is also natural. This they believe to be true because as the temperature of the ocean increases (the ocean contains 93% of all of the Co2 on earth) and as plant life flourishes (plants contain 2 times as much CO2 as the atmosphere), CO2 is released into the atmosphere. And the earth has definitely warmed during the past 150 years because we are exiting the latest phase of the little ice age. But, lets stay focused on the forest vs the leaves for now. All of this hysteria about fossil fuels and CO2 is in regard to the fact that man may have added the equivalent of 1 tennis ball out of 10,000 to the atmosphere in the past 150 years. This is extremely minimal, ant that is why CO2 is referred to as a trace gas in the atmosphere.
    2. Next ask your opponent, "how much CO2 is good?" 99 out of 100 people will have no idea how to even answer that question! The answer is not a precise number, but we know that plants (both land and marine) become more abundant and grow larger and faster as the amount of CO2 is increased. Based on sampling the ratio of certain microscopic marine critters buried in layers of deep ocean sediment, scientists have been able to estimate that CO2 on the planet earth was 4 -5 times higher than now during the Triassic and Jurassic periods. This 100+ million year period of time is the period of time when life was "most abundant" on earth. During this period, based on fossil evident, we know that flora and fauna were most abundant.

    To summarize my points, most people who are radically opposed to man's use of fossil fuels because of their fear of CO2 emissions, have no understanding at all of the role that CO2 plays on earth. Their fears of CO2 are but a boogie man that has been placed under their bed by politicians who clearly have an agenda that does not involve good science. There is ZERO real scientific data to lead any thinking scientist to believe that CO2 being added to our atmosphere at the current rate, will have any "negative" impact. We do however know that CO2 stimulates plant growth which has historically always been beneficial to earth's animals.

    www.petitionproject.or...

    31,000 American Scientists agree with what I have just posted...

    www.petitionproject.or.../
    Mar 06 12:02 pm |Rating: +2 0 |Link to Comment
  • Time to Buy and Hold for Reflation: Four Promising Sectors  [View article]
    I agree with coal and steel. Coal is so misunderstood by the average American investor. It is impossible to mention "coal" without someone responding with "obama's administration will kill coal" or something to that effect. People, the growth for coal is coming from China and India. Between the two countries there are 550 power plants under construction and they are going on line at the rate of 2 a week. Obama may be able to curtail the construction of future U.S. coal powered electric plants, but he can do little about those that are already operating because most cities have but one source of power. China already uses nearly 3 times as much coal as the U.S. and that will grow to 4 times in the next decade. China and India realize that this hysteria over CO2 will pass. If CO2 was the cause of global warming, why have the oceans been rising for 18,000 years. CO2 is good because it stimulates the growth of both plant and animal life on earth. Most non math type people do not realize that the CO2 in the atmosphere now at 385ppm, is to having 4 yellow tennis balls in a building which contains 10,000 tennis balls in total. And, 3 of those four tennis balls were put there by mother nature. And there is no evidence that yellow tennis balls have any more negative impact on the atmosphere than do white tennis balls. I am not the only nut who thinks like this. As for the ocean rising, it is. And, during the past 180 centuries (18,000 years) the ocean has risen 395 feet which, at over 2 ft a centure, is faster than it has been rising since the start of the industrial revolution. Go to the link at the end and you will see that 31,000 American scientists (9,000 PHDs) have signed a petition requesting that our government not sign Kioto or anything remotely resembling it because there is ZERO scientific evidence available which would lead any real objective scientist to conclude that CO2 is now or will in the future have an adverse effect on our economy. Pah.... leese do not take my word for this.. just go to....

    www.petitionproject.or.../

    This is important to understand because it explains why both China and India will continue to pursue those 550 coal powered electric plants over the next five years.
    Mar 03 23:48 pm |Rating: +8 -1 |Link to Comment
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