Friday, May 03, 2013

 

Thought of the Day

The past 17 years of flat global temperatures are creating a big chill for lots of global warming doom-premised industries. Those experiencing cold sweats must certainly include legions of climate scientists who have come to depend upon the many tens of billions of taxpayer bucks for studies that would have little demand without a big crisis for the public to worry about. And that amount pales in comparison with the hundreds of $ billions we spend on generous subsidies, lost tax revenues and inflated consumer costs for otherwise non-competitive “green energy” industries which depend upon those scary climate reports, or the insane economic penalties imposed upon all segments through EPA’s climate-premised regulatory rampage.

Cooler temperatures blow ill-winds for government bureaucrats, crony-capitalist rent- seekers, and other hucksters whose ambitions depend upon hot air.  Even Western Europe, the cradle of carbon-caused climate craziness and cap-and-trade corruption, is feeling a cold draft.

Larry Bell, opening a very good article in Forbes

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