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Goldman Sachs, Cap & Trade and the emergence of Gangster Economics Archived From: Finance

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EvilCapitalist said:nycll said:EvilCapitalist said:"Richard S. Lindzen, a professor at M.I.T. and a longtime skeptic of the mainstream consensus that global warming poses a danger." followed by a semi-quote from him ignores what he actually has been saying which can be seen even on his Wikipedia entry.Lindzen's view actually fits my description of the skeptics. He doesn't deny the exisitence of the warming nor the role of CO2 plays. So what's is your point?Huh? Read what he actually wrote. Most of his papers are easily accessible. He's skeptical on CO2 emitted by human activity being the cause of a global warming.
He's skeptical that it's the ONLY cause, not A cause. Here's an excerpt written by Prof. Lindzen from a book on global warming:
http://www-eaps.mit.edu/faculty/lindzen/222_Exchange.pdf
"For the most part, I do not disagree with the consensus, but I am disturbed by the absence of quantitative considerations. Indeed, I know of no serious split and suspect that the claim that there is opposition to this consensus amounts to no more than setting up a straw man to scoff at. However, I believe that people are being led astray by the suggestion that this agreement constitutes support for alarm...
1. For the past century, [the global mean surface temperature] has probably increased by about 0.6°±0.15°C (centigrade). That is to say, we have had some global mean warming.
2. CO2 is a greenhouse gas, and its increase contributes to warming...
3. There is good evidence that man is responsible for the recent increase in CO2, although climate itself (as well as other natural phenomena) can also cause changes in CO2. "


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geebeebee said: We have earned the title as world's worst polluters, and held the title for tens of years.
The US is neither the world's highest aggregate polluter nor the world's highest per-capita polluter.

Use of hyperbole diminishes the credibility of one's argument.


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China's ministry of Health has stated industrial pollution has made cancer China's leading cause of death.
sunny day in Beijing (on the right)
Air pollution (indoor + outdoor) is estimated by the World Bank to kill roughly 3/4 million people annually in China.
A third of the Yellow River is too polluted for even industrial use.


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The Soviets were terrible polluters too (even discounting Chernobyl).

pollution eye bleach


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beethovengirl said:geebeebee said: We have earned the title as world's worst polluters, and held the title for tens of years.
The US is neither the world's highest aggregate polluter nor the world's highest per-capita polluter.

Use of hyperbole diminishes the credibility of one's argument.
We should make a clarification if green house gases are pollutions. I am still used to think of pollution as smog in the air and mercury in water, etc.


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beethovengirl said:geebeebee said: We have earned the title as world's worst polluters, and held the title for tens of years.
The US is neither the world's highest aggregate polluter nor the world's highest per-capita polluter.

Use of hyperbole diminishes the credibility of one's argument.
Wrong. For decades American wasn't the highest aggregate polluter? You guys have just made the argument that they were just overtaken in the last year or two! Not understanding the point of my statement diminishes the credibility of one's argument.


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geebeebee said:beethovengirl said:geebeebee said: We have earned the title as world's worst polluters, and held the title for tens of years.
The US is neither the world's highest aggregate polluter nor the world's highest per-capita polluter.

Use of hyperbole diminishes the credibility of one's argument.
Wrong. For decades American wasn't the highest aggregate polluter? You guys have just made the argument that they were just overtaken in the last year or two! Not understanding the point of my statement diminishes the credibility of one's argument.

All pollutants are not equal.


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geebeebee said:beethovengirl said:geebeebee said: We have earned the title as world's worst polluters, and held the title for tens of years.
The US is neither the world's highest aggregate polluter nor the world's highest per-capita polluter.

Use of hyperbole diminishes the credibility of one's argument.
Wrong. For decades American wasn't the highest aggregate polluter? You guys have just made the argument that they were just overtaken in the last year or two! Not understanding the point of my statement diminishes the credibility of one's argument.
Look at your own source and explain to me how we weren't the world's largest polluter for tens of years, starting in 1980?


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geebeebee said:geebeebee said:beethovengirl said:geebeebee said: We have earned the title as world's worst polluters, and held the title for tens of years.
The US is neither the world's highest aggregate polluter nor the world's highest per-capita polluter.

Use of hyperbole diminishes the credibility of one's argument.
Wrong. For decades American wasn't the highest aggregate polluter? You guys have just made the argument that they were just overtaken in the last year or two! Not understanding the point of my statement diminishes the credibility of one's argument.
Look at your own source and explain to me how we weren't the world's largest polluter for tens of years, starting in 1980?

Ugh, I was going to ignore your last post, but since you seem to want to continue to beat the dead horse, let's review what you said:
"The U.S. is the WORST polluting country in the world!"

You did not say, when averaging over the past 30 years, the US has been the world's largest polluter. You said the US is the world's WORST polluter, which uses the simple present tense, meaning the US is currently the world's largest polluter, not in 1980. You then posted outdated and/or inaccurate sources stating that the US has the highest CO2 emissions per capita and in the aggregate. Now that your stats have been proven wrong, you're trying to claim that we need to average over the past 30 years to determine the world's worst polluter??? Well then, I guess we don't need to worry about the rapid increase in pollution emissions by China. After all, it was only 30% of the US's total in 1980.


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beethovengirl said:Ugh, I was going to ignore your last post, but since you seem to want to continue to beat the dead horse, let's review what you said:
"The U.S. is the WORST polluting country in the world!"

You did not say, when averaging over the past 30 years, the US has been the world's largest polluter. You said the US is the world's WORST polluter, which uses the simple present tense, meaning the US is currently the world's largest polluter, not in 1980. You then posted outdated and/or inaccurate sources stating that the US has the highest CO2 emissions per capita and in the aggregate. Now that your stats have been proven wrong, you're trying to claim that we need to average over the past 30 years to determine the world's worst polluter??? Well then, I guess we don't need to worry about the rapid increase in pollution emissions by China. After all, it was only 30% of the US's total in 1980.
No, you were the one that ignored the larger point in favor of this.

My quote was "We have earned the title as world's worst polluters, and held the title for tens of years." that you laughed at. Meaning we are the champions at polluting, and we held the title for tens of years. And we are still much worse than China, considering population (and before you try, don't bother bringing up Qatar -- those countries' pollution per capita, while higher than ours, is irrelevant statistically).


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China's pollution is tied to American consumption of goods. I visited China in 2005 and the air quality is atrocious, but the Chinese on average don't over consume like Americans do. China and America are roughly the same size but China has 1.2 billion people and America has 300 million.


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There's two brothers who live in the Midwest (Nebraska?) who own a small electric generation company. They use nothing but cow poop to power their turbines. Can you imagine the entire country running on animal poop? Now that's an idea who's time has come!


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Most likely not scalable...


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This is what I'm hoping to see: Fast Track for Solar

Granted, a long ways to go, but here is the potential:

DOI said:Currently BLM has received about 470 renewable energy project applications. Those include 158 active solar applications, covering 1.8 million acres, with a projected capacity to generate 97,000 megawatts of electricity. That’s enough to power 29 million homes, the equivalent of 29 percent of the nation’s household electrical consumption. The BLM will continue to process existing renewable energy applications, both within and outside of the solar energy study areas.

And that's just solar -- not including all the wind, off-the-grid solar, etc. AND, it's just as many, if not more, jobs than old-school drilling would create, and ones with much more potential heading forward. If we can get out of the paradigm that everything begins and ends with Fossil fuels, that old-school business is gripped by, then something good might happen, beginning with the toppling of the Middle-East oil barons.


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geebeebee said:This is what I'm hoping to see: Fast Track for Solar

Granted, a long ways to go, but here is the potential:

DOI said:Currently BLM has received about 470 renewable energy project applications. Those include 158 active solar applications, covering 1.8 million acres, with a projected capacity to generate 97,000 megawatts of electricity. That’s enough to power 29 million homes, the equivalent of 29 percent of the nation’s household electrical consumption. The BLM will continue to process existing renewable energy applications, both within and outside of the solar energy study areas.

And that's just solar -- not including all the wind, off-the-grid solar, etc. AND, it's just as many, if not more, jobs than old-school drilling would create, and ones with much more potential heading forward. If we can get out of the paradigm that everything begins and ends with Fossil fuels, that old-school business is gripped by, then something good might happen, beginning with the toppling of the Middle-East oil barons.

Someone needs to explain why we need to use 1.8 million acres to produce the same amount of energy that could be produced by simply doubling the number of nuclear power plants in this country.


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geebeebee said:ZenNUTS said:geebeebee said:The U.S. is the WORST polluting country in the world! You seem to have a bit of trouble understanding that yourself. Quit trying to pass this off as other countries being the bad guys. At this point in time, WE are the bad guysZing.. wrong again.Link

Also, from wikipedia

Total CO2 emissions

* United States: 2,795
* China: 2,680
* Russia: 661
* India: 583
* Japan: 415
* Germany: 356
* Australia: 300
* South Africa: 232
* United Kingdom: 212
* South Korea: 185

Besides the fact that you used outdated information, baseing your statement of the US being the worst polluting country solely on CO2 emissions is laughable at best.


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depalma13 said:Someone needs to explain why we need to use 1.8 million acres to produce the same amount of energy that could be produced by simply doubling the number of nuclear power plants in this country.

Simple: Nuclear Power is not Politicaly Correct in the US even though the data seems to favor it.

Even in CA, solar has issues


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wilesmt said:depalma13 said:Someone needs to explain why we need to use 1.8 million acres to produce the same amount of energy that could be produced by simply doubling the number of nuclear power plants in this country.

Simple: Nuclear Power is not Politicaly Correct in the US even though the data seems to favor it.

Even in CA, solar has issues
A fresh round of federal loan guarantees for nuclear plants may help seed new power projects now that a Senate committee approved an energy measure on Wednesday, an industry spokesman said.


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beethovengirl said:EvilCapitalist said:nycll said:EvilCapitalist said:"Richard S. Lindzen, a professor at M.I.T. and a longtime skeptic of the mainstream consensus that global warming poses a danger." followed by a semi-quote from him ignores what he actually has been saying which can be seen even on his Wikipedia entry.Lindzen's view actually fits my description of the skeptics. He doesn't deny the exisitence of the warming nor the role of CO2 plays. So what's is your point?Huh? Read what he actually wrote. Most of his papers are easily accessible. He's skeptical on CO2 emitted by human activity being the cause of a global warming.
He's skeptical that it's the ONLY cause, not A cause. Here's an excerpt written by Prof. Lindzen from a book on global warming:
http://www-eaps.mit.edu/faculty/lindzen/222_Exchange.pdf
"For the most part, I do not disagree with the consensus, but I am disturbed by the absence of quantitative considerations. Indeed, I know of no serious split and suspect that the claim that there is opposition to this consensus amounts to no more than setting up a straw man to scoff at. However, I believe that people are being led astray by the suggestion that this agreement constitutes support for alarm...
1. For the past century, [the global mean surface temperature] has probably increased by about 0.6°±0.15°C (centigrade). That is to say, we have had some global mean warming.
2. CO2 is a greenhouse gas, and its increase contributes to warming...
3. There is good evidence that man is responsible for the recent increase in CO2, although climate itself (as well as other natural phenomena) can also cause changes in CO2. "

That's not what some people in the EPA thinks.

http://www.cbsnews.com/blogs/2009/06/26/politics/politicalhotshe...

Here's a key quote:
"My personal view is that there is not currently any reason to regulate (carbon dioxide)," he said. "There may be in the future. But global temperatures are roughly where they were in the mid-20th century. They're not going up, and if anything they're going down."


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lynnes1 said:China's pollution is tied to American consumption of goods. I visited China in 2005 and the air quality is atrocious, but the Chinese on average don't over consume like Americans do.

That's precisely the problem of having "carbon credits" and other nonsense like that which "caps" emissions outputs in the US. It'll simply be created over there, and last I checked, we're all living on the same rock. Mandating higher mpg cars, higher efficiency appliances/etc, is one way to help reduce emissions, and it doesn't necessarily push production overseas. Now, again, I can understand WHY some people would be against these things (again, it would likely raise prices), but I'm certainly more in favor of doing these things vs. simply capping carbon/emissions outputs for certain companies/etc.

For God's sakes people, can we stop bickering about who has worse emissions, etc? We all know geebee is grasping at straws with his argument. Who actually has more pollution output is largely irrelevant, as he's introducing a red herring to drive the discussion on a tangent and unrelated point. The important point isn't who has more emissions/waste, but what we can do to ultimately lower the levels. Lynn explained EXACTLY the problem of merely doing cap and trade. Production gets pushed overseas, like I originally said in my earlier posts. There's PLENTY we can do to help bring down emissions/etc without this bill that I would support (the things I mentioned above and many others).


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