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Sunday, 16 November 2008

Snail Trails

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http://www.hawaiireporter.com/story.aspx?7724a95d-54f2-403b-abab-db95e878d62a

“We can afford an aggressive cap-and-trade policy to tackle ‘global warming’”

The “Report” states or implies that “cap-and-trade” works well enough to make a difference to the climate; that it costs very little; and that it will not damage the US economy.

The truth is that “cap and trade” does not work. The European Union’s carbon emissions are rising yearly, while those of George Bush’s US are falling yearly. In the EU, “cap-and-trade” has already been tried twice and has spectacularly failed twice, at huge cost. The environmental result: nil. Europe’s emissions continue to rise. There have been similar failures elsewhere in the world. A recent analysis by the U.S. Environmental Protection Agency of the Lieberman-Warner bill projects that costs of electrical power and gasoline would rise very sharply. Gasoline would cost about 53 cents per gallon more in 2030 and $1.40 per gallon more in 2050.

Nigel Lawson, the former UK Treasury Secretary, in his book An Appeal to Reason – A Cool Look at “Global Warming”, dismisses “cap-and-trade” in a few crisp and characteristically perceptive paragraphs –

“If western governments, at least in Europe, are going to remain obsessed with the alleged need to cut back sharply on CO2 emissions by increasing the cost of carbon, what is the best means of achieving this? The route the politicians (but very few economists) prefer is known as “cap and trade” – a regime in which emissions, or some of them, are statutorily capped, and the emitters are then free to trade the emission permits which result from this system. The trouble is that both in theory and in practice (for it has, to some extent, been put into practice) it is a method that has little to commend it.

“For one thing, it is in no sense the ‘market’ solution that it purports to be. It is essentially a government-controlled, administrative rationing system, in which the rations can subsequently be traded. It is rather as if, instead of seeking to cut back on smoking by taxing it, we were to allocate Soviet-style production permits to the cigarette manufacturers, which they were then permitted to buy and sell amongst themselves. Of course, for the market-makers and other middlemen who trade in the CO2 emissions permits, it is indeed a market, and one which they will not hear a word said against: for them it presents a lucrative and – they hope – growing business opportunity.

“Among its many other drawbacks, cap and trade is arbitrary and distortionary, covering some emissions but not others (it is impractical, for example to extend it to the personal and household sector, including motoring). For those industries where it does apply, it is anti-competitive, since permits are issued to existing emitters, and not to new entrants, who have to purchase them from the market. In general, the administrative allocation system scores badly on transparency, and lends itself to lobbying, corruption, and abuse of one kind or another. This is even more pronounced in an international scheme, when each government is under pressure to allocate generously to its own national emitters. Another problem is that it injects an artificial volatility into the price of energy, making rational investment decisions more difficult – not least any decision to invest in low-carbon or non-carbon energy. And, inevitably, the ethereal nature of the commodity being traded makes it particularly hard to police.

“The only substantial emissions-trading scheme so far attempted, the European Union’s ETS, exhibits all these fundamental flaws – and indeed several more, as recent studies have shown. In practice, it has done nothing to reduce emissions, and has merely awarded subsidies to selected emitters. In theory, some of the disadvantages of the scheme could be avoided if the emissions permits were auctioned, rather than given away, but the design of an auction to cover all emitters – including the personal sector – and extending it internationally would be mind-bogglingly complex and contentious, if indeed it could be done at all. Which is why, for the new and allegedly improved second (2008-2012) phase of the ETS (the first phase is universally agreed, except by those who have made money out of it, to have been a farce), the EU has decided that 98.5% of the permits should be allocated and only 1.5% auctioned.

There are two other forms of governmentally-sponsored carbon trading. Both are impossible to supervise and continue to suffer from such widespread abuse that their net effect on the climate is probably an increase in total carbon emissions. First, the “Clean Development Mechanism” set up under the Kyoto Agreement allows developed countries bound by Kyoto targets to buy “certified emissions reductions” from developing countries rather than cutting its own emissions. The UN is supposed to declare that the reductions would not have occurred in any event and have not been offset by any increase in emissions somewhere else.

China and India have both exploited the Clean Development Mechanism to the full, and greatly to their profit, but without any environmental benefit whatsoever to our planet. Chinese and Indian producers of chlorofluorocarbons, powerful greenhouse gases, are able to earn massive windfall profits by opening or buying plants designed to emit halocarbons – tens of thousands of times more potent than CO2 as greenhouse gases – and then by receiving cash payments via the Clean Development Mechanism to close them down again. Since the payments are scaled to reflect the “global warming potential” of the greenhouse gases emitted by the plants, the profiteers by this scam are making billions. The profits – at the expense of the West – are so gross that the Chinese Communist regime now levies a special windfall tax on them, which it can then spend on paying the cost of its declared program of opening two or three new coal-fired, greenhouse-gas-emitting power stations every week (for the sheer scale of this program, see the Annual Statistical Communiqué of the “People’s” “Republic” of China, 2006). It is difficult to see any environmental merit whatsoever in this mechanism.

Secondly, the “Joint Implementation”, also established under the Kyoto Protocol, allows developed countries emitting below their Kyoto thresholds to sell “carbon credits” (cynically but accurately known on the financial markets as “hot air”) to others who cannot meet their own thresholds. However, the only Kyoto signatory emitting well below its threshold, which the Protocol defines as 5% less than actual 1990 emissions, is Russia, because the collapse of Communism brought thousands of State-subsidized heavy industries to a sudden end. Russia at first stood out against the Kyoto Protocol but, more recently, its leaders realized that it could profit by Joint Implementation to the tune of tens of billions at the expense of the West. Suddenly, it ratified Kyoto. Soon, the profits will roll in, and we will be paying.

There is also a private-sector scheme known as “carbon offsetting,” by which jet-setting celebrities like Al Gore can publicly parade the pretence that their extravagant, carbon-emitting lifestyle is not really adding anything to manmade greenhouse-gas emissions. All they have to do is to buy the modern equivalent of the Indulgences sold for profit by unscrupulous pastors in the mediaeval Church. The Indulgences, coyly marketed under the name “carbon offsets”, are sold by various private scamsters, who craftily suggest to penitents that they can salve their consciences for, say, the carbon emissions arising from a transatlantic flight by paying as little as $5 towards the planting of trees that may or may not take place, and might or might not have taken place anyway. Type “carbon offsets” into Google and look at almost any of the myriad scams on offer. Most of them are so transparently fraudulent that it is at first blush astonishing that prosecutions have not resulted.

For it is the unique, common characteristic of all forms of carbon trading – whether by cap-and-trade, the “Clean” Development Mechanism, the Joint Implementation, carbon offsets, or any other device in the panoply of international nonsense that has sprung into being so profitably for the scamsters and their allies among the international enemies of the West, and so expensively for the rest of us – that not only both parties to each transaction but also all of the States or supranational entities nominally supervising and regulating them have a direct and powerful vested interest in overstating both the scale and the significance of the transactions.

The emitter wishes to salve his conscience and receive absolution by pretending that he has done all that is necessary to make him and his household or enterprise fashionably (though unnecessarily, and climate-irrelevantly) “carbon-neutral”. The counterparty to the emitter’s transaction wishes to attract more business from penitents by suggesting to them that for unrealistically small sums they can be forgiven all their carbon sins. The regulators and legislators wish to demonstrate to their voters (in those countries – unlike the European Union, or Rhodesia – where voters still matter, and still retain the power to choose and to dismiss those who govern them) that they are playing a full and successful part in the great Sancho Panza crusade to “Save The Planet”.

No surprise, then, that notwithstanding all the rhetoric and all the activity and all the “Reports” about the desirability of carbon trading, the trend in worldwide carbon emissions continues relentlessly upward, and at an accelerating rate. Though “carbon offsetting” is indeed enriching the wealthy market-fixers, scamsters, and regulators, while further impoverishing the poor citizenry, it is not – back in the real world – actually offsetting any emissions of carbon dioxide at all: nor is it ever likely to do so.

For, even if the entire Western world were to close down its economies altogether, and revert to the Stone Age but without even the ability to light fires, the planned growth in emissions in India and China alone would replace the West’s entire emissions within little more than a decade.

The central truth about “global warming” is that from here on it is the emerging tigers of Asia who will be the world’s dominant emitters. The West is no longer the chief problem, and no longer holds the solution in its own hands. We are bit-part players.

For the foreseeable future, therefore (setting aside the small decline that has recently occurred because the exceptionally cold winter of 2007/8 cooled the climate-relevant surface or “mixed” layer of the oceans and allowed that layer to take up unusually large quantities of CO2 from the atmosphere), carbon dioxide concentrations in the atmosphere will continue to rise as they have throughout the half-century since modern gas-chromatograph measurements were first taken by the formidable Charles David Keeling on the shoulder of the Mauna Loa volcano in March 1958.

Therefore, it would not be responsible for the international community, or for any individual nation, to plan on any other basis than that by the end of this century there will be a great deal more carbon dioxide in the atmosphere than there is today. Not that that matters, for its effect on the climate will be negligible and generally beneficial – see the Technical Appendix.

Yet the principal objection to all forms of carbon trading, however elaborate and however piously intended, is not that it is inherently and inescapably fraudulent, nor that it is inevitably and ineluctably futile, but that it delivers no environmental benefit whatever in return for its massive cost – a cost which, as we shall see, falls almost exclusively upon the poorest while considerably enriching the richest. Carbon trading is Robin Hood in reverse, robbing the poor to enrich the rich. Abraham Lincoln once said, “You cannot make the poor rich by making the rich poor.” You certainly cannot make the poor rich by making the poor still poorer: that is the chief economic effect of carbon trading.

The real reason why carbon trading is a wasteful menace that ought to be forbidden by law is that it is altogether unnecessary. It is unnecessary not only because, as we have seen, the world has not warmed for a decade and is not likely to warm at more than a minuscule, harmless, and beneficial fraction of the rate luridly but inaccurately projected by the IPCC and its self-serving adherents in the international classe politique. It is unnecessary, above all, because the iron economic law of supply and demand is already driving up the cost of all carbon-based fuels, altogether irrespective of any intervention by etatiste meddlers.

It is a truism that the supply of fossil fuels is finite. Also, it is demonstrable not only that the cost of exploration is rising as a proportion of the exploitable reserves discovered but also that the cost of extraction is rising as a direct result of the political risks consequent upon the location of most of those reserves in the territories of unstable, undemocratic regimes that are for various reasons implacably hostile to the free West.

However, it is demand-side pressure, more than supply-side scarcity, that is chiefly responsible for the recent galloping inflation in the prices of fossil fuels, notably gasoline, currently trading at 1000% of its world price little more than a decade ago. This hyperinflation in the cost of fossil fuels is chiefly driven by the sudden surge in demand from emerging nations such as India and China. And the more we use carbon trading to close down our own economies and destroy the jobs of our working people, the more we shall stimulate that already-burgeoning demand for carbon fuels in India and China.

It is very likely that today’s oil price inflation, driven partly by limited and politically-uncertain supply but chiefly by ever-increasing world demand, will continue. Therefore, even if there were any imperative need for action to avert a “climate crisis” (which there is not: see the Technical Appendix), there would still be no need for national or international governmental action to drive up fossil-fuel prices any further: indeed, to do so would be particularly harmful to those on low incomes, and might dangerously deepen the present recession, without delivering any environmental benefit.

The deepening of a worldwide recession, though it is a mere inconvenience to the wealthy nations of the free West, has immediate and fatal consequences in the poorer nations, whose citizens are already starving as a direct result of the unscientific, now-discredited, bureaucratically-driven dash for biofuels , and are now menaced not only by the galloping increases in fuel prices caused by the surge in international demand but also – and quite unnecessarily – by the threat from the international classe politique artificially to increase fuel prices still further by means of “cap and trade”.

In a crude attempt to circumvent and downplay the fact of fossil-fuel hyperinflation, the EDF’s Report” disingenuously tries to argue – as did the now-defunct Stern Report – that the cost of cap-and-trade is negligible and will not add anything much to fossil fuel prices. In one respect, this is true. The first collapse of the European Union’s characteristically bureaucratic and extravagantly pointless cap-and-trade system was engendered by a huge fraud at the heart the system’s very construction. Under the system as originally conceived – or, rather, misconceived – every member-State was allowed to set its own emission limits. As a result, almost every member-State except Britain, whose current crop of ministers and civil servants are lamentably inexperienced and out of their depth in international negotiations, set themselves emission limits that actually exceeded previous total emissions. No surprise, then, those emissions in the EU continued to rise notwithstanding the introduction of cap-and-trade, so that, within a very short time, emissions permits were trading at less than $1 per tonne of CO2. This was indeed cheap – so cheap that it was comfortably exceeded by the monstrous bureaucratic handling charges involved in the trading, whereupon the scam collapsed.

The lesson to be learned from this typically incompetent failure on the part of the EU, whose officials are not subject to any effective democratic scrutiny, audit, or recall and who are accordingly not under any pressure to get things right, is this: if cap-and-trade is as cheap as the “Report” suggests, it will have no effect on carbon emissions. The corollary is that, if cap-and-trade actually reduces emissions, it can only do so if it is sufficiently expensive. Otherwise, as the failure of the EU scheme demonstrates, the environmental impact of “cap-and-trade” is actually negative: emissions rise, in a fine demonstration of the Law of Opposite Consequences: whenever a government attempts to interfere in the workings of the economy, even for beneficial purposes, it will be likely to trigger consequences that are not merely unintended but the diametric opposite of those that were, however piously, intended.



Nothing was intended, nothing was saved. They were there in their thousands, tens of thousands, millions, queued up, waiting, desperate, their increasing anxiety unheeded by those who lorded themselves over all of us. The cruelty of it all was beyond understanding. Where had it all gone, the pity for the plight of the ordinary working man? Or woman? Why had democracy failed us all so badly? Where did all our money go? On countless things he didn't support: global warming hysteria, the war in Iraq, massive and wasteful bureaucracies, courts that treated you as the enemy. We all pay. We all suffer.

And stuck in traffic jams, the ceaseless barking of mad dogs, clammy sweat coating us all, these things, these rhymes and reasons, were nothing short of fading memories. All had gone wrong. Depression loomed on the horizon. Men in suits held pointless meetings. Shadows fell across long lives; and everything was swept away. Soon there would be mirrors and shadows and reflections in windows; and he glared as much as he dared; chanting dog, dog, as he passed another parking cop, the supreme parasite, and the traffic banked up in front of him and behind, and the air full of pollution. Take me driving, she asked, and he shuddered at the thought of being stuck in yet more traffic.

Doom and gloom, he writhed, catching his reflection in the rear vision mirror. You're a dunderhead, he could hear her screaming, you haven't done this, you haven't done that, you haven't spent any time with the children. No, he had spent twelve hours in traffic and in a lousy job, trying to pay the bills while she sat around the house, watched daytime television, gossiped to her equally obnoxious gang of girl friends. Why am I doing this? Where did my life go? He could see the lights up ahead changing red, green, red, and still the traffic didn't move. The parking cop he had shouted "dog" at had overtaken him on the street; and he gave him the most intense death stare he could muster.

May bad luck follow you all the days of your life. May you suffer long and may you suffer hard. May all the bad times concentrate in your life. Get a proper job, he shouted, but he hadn't wound down the window; just hoping his hatred seeped like an echo out of the car and across the street, afflicting the parasite's subconscious. All was moving. All was shadowed in innocence. The traffic jolted forward barely a single car space. He was late, always late, and his head swirled with lists of unpaid bills and jobs not done. Everything was chaos; and he had no one to blame but himself.

These malcontents, these losers in the battle of life, and far off he could hear the sirens screaming; a motor cavalcade of someone important sweeping past; flanked by police. What would they know about any person's life, these people who were there supposedly to serve them. These giant egos. These cruel and indifferent idiots. He was shattered by the message. He was coming into darkness, coming around the corner, and he screamed and hit the windscreen, dog, dog, he shouted, remembering his last parking fine, remembering the state of his finances, remembering that these bastards were meant to actually be working for him. For a world he no longer loved. For a place that was no longer his.

It was a culture riddled with educated lies; which made the phenomenon even more puzzling. Useful fools. Educated fools. Universal education fed them through the universities in record numbers; creating a bureaucratic and managerial class without parallel in human history; and in a sense made their indoctrination even easier. Multiplicity. Thinking outside the square. Diversity of views. They herald all these goals and don't mean a word of it; just try disagreeing with them on one of their noble causes; global warming, domestic violence, multiculturalism, race relations, redistribution of wealth. Dog! he shouted one more time, his throat hoarse from shouting. The traffic started to unjam and he moved on past the bastard. Dog! he shouted at the parking cop again. One day he might even wind down his window. Then the bowed, stupid looking little man in his nasty little uniform might even hear him; and book him for abuse. His shouting, muffled inside the car, was as useless as everybody's else's snail trail in this city of broken hearts and wasted lives.




THE BIGGER STORY:

http://www.larouchepub.com/other/2007/3413carbon_swindle.html

Carbon Trade Swindle Behind Gore Hoax

by Richard Freeman and Marcia Merry Baker

Look behind—if you dare—Al Gore and his science hoax, and you find the very same London-centered oligarchical financial crew that drove the 2003-2006 oil and commodity price increase, amidst the bubbles and hyperinflation that characterize the breakdown-phase of the financial system. The centerpiece of the U.S. emerging market for carbon emissions trading, is the Chicago Climate Exchange (CCX), created in 2003 as a "voluntary," or pilot agency, part of a London-based network positioned to reproduce the oil bubble on a scale orders of magnitude greater and more dangerous, while at the same time, destroying what's left of the physical economy.

The idea is that if governments cap CO2 emissions, then the "market" will take off for the buying and selling of emissions "allowances." This is the whole point of the "cap-and-trade" plan for CO2. If it sounds crazy, it is. But Gore is just one of the most visible parts of the elaborate (and bi-partisan) schemes that have been set in motion under cover of climate change. Gore's personal financial involvement is blatant, especially through Goldman Sachs—a large shareholder of CCX, and in 2004, the creator of Gore's very own London-based hedge fund, Generation Investment Management.

CCX has multiple interconnections with the London-run Intercontinental Exchange, Inc. (ICE), whose subsidiary is the International Petroleum Exchange, the world's largest petroleum futures and options market. The dirty details of ICE and the Great Oil Price Swindle came out extensively at a May 8, 2006 Senate Democratic Policy Committee hearing, where Sen. Carl Levin (D-Mich.) said that futures speculation on the ICE was the driver for adding $20 to 25 to the price of every barrel of oil, causing hardship to industry and households, and suffering to underdeveloped nations. (The report, "The Role of Market Speculation in Rising Oil and Gas Prices," is still posted on Sen. Levin's website).

Yet Al Gore got away with advocating cap-and-trade CO2 speculation at his much ballyhooed appearance before the joint House Hearing of the Energy and Science Committees March 21. Gore repeatedly told Congressmen to "put a price on carbon." In response to Rep. Roscoe Bartlett (R-Md.), Gore said, "As soon as carbon has a price, you are going to see a wave [of investment] in it ... there will be unchained investment."

But why have neither Republicans nor Democrats challenged Gore on this? And why have they conspicuously refrained from confronting Sir Nicholas Stern—of the 2006 "Stern Review" on global warming, British Environment Minister David Miliband, and the other British "experts" streaming into Washington, D.C. in 2007, to demand U.S. "economic response" to climate change? Political amnesia. Elected officials are tightly locked in the grip of the Synarchist gamemasters—the Felix Rohatyn wing of the Democratic Party, and the George Shultz wing of the GOP—who have been in on creating this and prior swindles all along.

Look, for example, at the who's who involved in the blatant staging of a "pro-green investment" press conference on the eve of the March 21 Gore House and Senate appearance. On March 19, the "Investors Network on Climate Risk" (INCR) held a Washington event to demand Federal action to impose mandatory reductions in greenhouse gases, claiming they represent a $4 trillion pool of funds demanding green ventures. Members of INCR, founded at the UN in 2003, include British Petroleum, Allianz Insurance, the world's largest insurance firm; DuPont, and hosts of state, labor, and church funds of various kinds, that have been herded into line. The INCR is chaired by British activist Norman Dean, who is simultaneously Director of Friends of the Earth.

Al Gore spoke at the May 2005 INCR Investors Summit at the United Nations, in his capacity as Chairman of his Generation Investment Management. He called for following the model of the European Union Emissions Trading Scheme, which started up in 2005. "Monetize emissions; trade them; reduce them," was Gore's mantra.

Gore again plugged green markets trading in April 2006, at Oxford University, at the annual Skoll World Forum for Social Entrepreneurship. This was held at the Skoll Centre, set up by Jeff Skoll, the E-bay billionaire, whose Participant Productions funded Gore's propaganda movie, An Inconvenient Truth. Gore pushed carbon swaps and other green investments, along with his co-chairman of Generation Investment Management, David Blood, formerly Chief of Goldman Sachs Asset Management.

But now in Washington, the pace of lobbying Congress for carbon markets has reached a frenzy. A March 15 forum was titled "From Kyoto to Chicago," because of the theme, that no new, long-lead time successor treaty to the expiring Kyoto Protocol is required for getting world carbon markets going. Carbon trade can commence if just the United States, Europe and Japan start it up, said Jonathan Pershing, emissions trading expert for the World Resources Institute, on whose board sits Al Gore. The same point was stressed by OECD spokesman Brice LaLonde, advisor to the European Carbon Fund (ECF), and head of Friends of the Earth in France said the same. His co-advisor to the ECF, founded in 2006, is William K. Reilly, the EPA director for President George H.W. Bush, and long-time World Wildlife Fund president.

The Investors' Network for Climate Risk's prime social action affiliate, the Coalition for Environmentally Responsible Economies (CERES; founded in 1989), released a January 2007 report entitled, "The Power to Save," which outlined a step-by-step process to put an end to all new power plant construction in Texas, the nation's second-most populous state. The concept is simple: cut emissions; then trade in the scarce emissions "allowances"!

In the current buyout bidding for TXU—the major, 62-year-old Texas electric utility, the offer by KKR and Texas Pacific would acquire TXU on condition that eight of 11 planned coal-fired generator projects be cancelled. The advisor on this so-called environmentalist deal is William K. Reilly, an official in the Texas Pacific Group.

Reilly is co-author of a recent report, "Allocating Allowances in a Greenhouse Gas Trading System"—a how-to booklet for trading in carbon—published by the National Commission on Energy Policy. Launched in November 2002, the NCEP's founding 20 members included Andrew Lundquist, the Executive Director of the 2001 Dick Cheney Energy Taskforce; R. James Woolsey, former CIA Director and long-time Al Gore neo-con advisor, William K. Reilly; John Rowe, CEO of Exelon, and other notables. Funding agencies include the MacArthur Foundation, the Pew Charitable Trust and others.

In the face of this political onslaught, it is useful that so far, the House Democratic and Republican leaderships have agreed not to rush into "cap-and-trade" emissions legislation. They are saying that a go-slow approach is desirable, but the amount of top-down pressure to act now—from Wall Street and City of London speculators, cannot be underestimated. On March 15, Rep. Joe Barton (R-Tex.), the ranking member of the House Energy and Commerce Committee said, "I'm glad to see that this week, Speaker Pelosi had indicated that any bill on global warming considered this year doesn't necessarily have to include a mandatory cap-and-trade scheme." But in reality, these emissions schemes, and their backers should be stopped cold.

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Welcome to your weekly skeptics smorgasbord of inconvenient links and incoherent lefties. We're all going to die of something, and it might as well be while we're having fun with denial; so grab a beverage and belly up to the bar, we're going in...
Part One: Al Gore and Friends
As soon as the US election was over, the Al Gore was back on the trail, promoting his manufactured 'climate crisis' and his favorite topic, himself. Gore, the Great Profit, sees an opportunity to extend his great fortune with a Democrat in the Whitehouse and is already giving the President-elect advice:

“Now is not the time for small steps or a narrow focus. The American people are calling for bold change, and Repower America is the big solution to get our country back on track quickly. Quickly transitioning to clean energy will kick-start our economy, generate millions of new jobs and provide the foundation for long term economic growth.”

Al might not have been able to win his own election, but he's man enough to tell Barack Obama what to do with his win.

Oscar glory, A Nobel Peace prize and still the awards keep coming Al's way. This time the NAACP are honoring Big Al, presumably for being a person of green color.

Not all things are going so well for Al however. His TV enterprise, Current Media, is in trouble just one day after grabbing Canadian taxpayer cash in a partnership deal with the CBC. Current laid off 60 staff and has not launched its long delayed IPO. Al has made no statement yet, but expect one soon that fingers global warming as the cause of this catastrophe.
Goreworld
Earth is now so hot that Al had cut the sleeves off his sweater

Don't forget to get your weekly Gored but not Forgotten fix, and while you're over there at Skeptics Global Warming, check out his rebuttal of Al's NYT column. He takes Al behind the rhetorical woodshed and knocks the green out of him.

This weeks must-read post is all about the carbon trade swindle behind Al Gore. If ever the Goreacle goes to jail, this will be the reason, the cynical and dishonest trade of essentially value-less carbon credits.

Global warming muppet Jim Hansen got caught in an embarrassing lie this week after substituting faulty October data with Septembers numbers, making October 2008 look increbily warm. Corrections have been made, but this debacle goes to Hansen's faded credibility and highlights the central problem with climate models; garbage in, garbage out.

David Suzuki was scheduled to speak in Palm Springs this week, which means that once again I am greener than the totalitarian hippy because I didn't fly to Palm springs. Offset that, hippy!
Part Two: AGW Scaremongers and Propagandists

Old religion meets the new religion, can the inquisition be far behind? Perhaps not.

Finally, a scaremonger event that even I can get behind (NSFW).

The NYT held a drawing contest for moonbats and came up with some first-rate insights into the miniscule minds of lefties.
Moonbat art
a moonbat cannot tell nuclear waste from nuclear generation


Alan Colmes, aka 'Skeletor' of Fox News, introduced skeptic author Chris Horner as a climate criminal. Meanwhile ABC News is sending a reporter to Kilimanjaro for some balanced reporting on how the earth is about to explode into a zillion pieces, or something.

Roy Spencer is censored by two scientific publications, because science is about politics and fundraising, not facts and learned debate, dammit.

Buying offsets is hard, how is a university to know which bogus scheme to sign on with?

Wisconsin kills a new coal power plant, the blue state may be black sooner that they expect.

Copyright means nothing if alarmists can indoctrinate you faster, and there's nothing like indoctrinated kids to warm a believers heart.

More bad news for green politicians as New Zealand throws out die-hard green Prime Minister Helen Clark. She can add her failed career to Canada's Stephane Dion's on the unwanted pile of useless scaremongering politicans. Elizabeth May, leader of the greens in Canada, is resisting the inevitable and blames everyone but herself for not gaining a seat.

Who needs facts when even the head of the IPCC can just make stuff up? More here.

Greenpeace, the comedic gift that just keeps giving:
Windmills r us
Wind Farms. Greenpeace is not clear on the concept, apparently


The UK Times waits about 5 seconds after Michael Crichton's death before celebrating that his voice is gone from the climate debate, so we can all be free to be green without uppity writers challenging our beliefs.

Eco-terrorism, approved by Al Gore.

A skeptic needs a hug... it can be lonely out on the sane fringes.

Data, what data? Scientist refuses to share data with a skeptic, making everyone wonder what he's hiding. Nice play, Shakespeare.

AGW, how we know it's bunk, by those Power Line guys.
Part Three: Inconvenient Truths

What's green and full of hot air? No, not Al Gore, the green bubble. Green projects are failing all over the place, and there's more to come.

Global warming is killing amphibians. No, it's not. Is it just me or does there seem to be a trend towards debunking things that global warming was causing? Perhaps some scientists are looking to grab a modicum of credibility back before the backlash starts.

President-elect Obama has a detailed climate plan. Oh, wait, nevermind.

Did you know that alternative warming theory is valid? The Coloradoan does.

Biofuels were never a good idea, burning food for fuel is immoral in today's world. Now the problems with ethanol are acknowledged.

BP quits green projects in the UK, leaving the government in the lurch. Heh.

That crashing economy you hear? No, the other one, the carbon crash. The real economy is laready killing the green revolution.

Germany needs power, coal to the rescue, activists go under the bus along with EU climate goals.

If a picture is worth a thousand words:
Chilly
(source)

Green opportunist T Boone Pickens delays his wind farms, he's having a bad week.

Part Four: AGW in the News

The U.S. Department of Energy pulls the plug on a global warming project, and the scientists are upset. Clearly this is unfair, the scientists have adhered to all the rules of modern science by linking their research to global warming, yet they still lost funding. I can hear the trembling across campuses all over the world.

It's ski-time in Austria, Switzerland and Italy, already.
Bikiskini
global warming, I love it

The US Navy wins a war with environuts, sonar bombing runs will commence soon.

Australia's ABC News clearly has no agenda when it interviews skeptics.

The UK government passed a global warming bill while snow lay on the ground in early October for the first time in 85 years.

Change we can believe in. Oh, wait. Here's more on what the new guy might do with climate policy.

Will America's new President buy oil from Canada?

What happens if you hold a climate conference and no one shows up?

While I'm tooling around town laughing at prius drivers from my SUV, it seems some of the micro-car drivers are regretting their leap.
Smarter hummer
A Hummer with its pilot fish in a natural setting

Part Five: Real Science

More on that NASA error in the GISS data from September and the attempt by NASA to blame skeptics for their embarrassment.

Is the Sun waking up? Maybe, slowly.

Bjorn Lomborg takes time off from his hit show Mamma Mia and offers good advice to the President-elect.

Ahem. It's the Sun, stupid.

Climate control is a futile quest. Resistance is also futile, but what has that got to with anything?

Climate change knows three realities: science reality, which is what working scientists deal with every day; virtual reality, which is the wholly imaginary world inside computer climate models; and public reality, which is the socio-political system within which politicians, business people and the general citizenry work.
An embarrassingly large hole will open in the ozone layer this year, almost exactly 12 months after scientists celebrated 20 years of banning CFC's. Oops. Don't forget that many of the geniuses that missed the effect of cosmic rays on the ozone layer today claim to know what's 'wrong' with the climate.

No O zone
Hole-y cow, it's a biggie

Hmm, I don't think I mentioned that it's the Sun, stupid. Or did I?

Part Six: Global Hottie
Regular readers will know that I do (sometimes) try to provide a reason for linking to the hottie. These same readers know and understand that these links are tenuous at best. The odd reference in Part 5 about resistance and futility might have seemed odd when you read it, but now you see the wisdom of the blogger at its evil worst. It's a shameless segway to a spottie (space hottie). Deniers, please surrender to Borg beauty and this week's global hottie, Jeri Ryan.
Jeri3

(yes, I do know she's out of uniform)

That's your weekly round-up, rounded-up as it were. Happy weekending to all of you.

Thursday, 13 November 2008

HOAX



http://www.hawaiireporter.com/story.aspx?7724a95d-54f2-403b-abab-db95e878d62a

“We can afford an aggressive cap-and-trade policy to tackle ‘global warming’”

The “Report” states or implies that “cap-and-trade” works well enough to make a difference to the climate; that it costs very little; and that it will not damage the US economy.

The truth is that “cap and trade” does not work. The European Union’s carbon emissions are rising yearly, while those of George Bush’s US are falling yearly. In the EU, “cap-and-trade” has already been tried twice and has spectacularly failed twice, at huge cost. The environmental result: nil. Europe’s emissions continue to rise. There have been similar failures elsewhere in the world. A recent analysis by the U.S. Environmental Protection Agency of the Lieberman-Warner bill projects that costs of electrical power and gasoline would rise very sharply. Gasoline would cost about 53 cents per gallon more in 2030 and $1.40 per gallon more in 2050.

Nigel Lawson, the former UK Treasury Secretary, in his book An Appeal to Reason – A Cool Look at “Global Warming”, dismisses “cap-and-trade” in a few crisp and characteristically perceptive paragraphs –

“If western governments, at least in Europe, are going to remain obsessed with the alleged need to cut back sharply on CO2 emissions by increasing the cost of carbon, what is the best means of achieving this? The route the politicians (but very few economists) prefer is known as “cap and trade” – a regime in which emissions, or some of them, are statutorily capped, and the emitters are then free to trade the emission permits which result from this system. The trouble is that both in theory and in practice (for it has, to some extent, been put into practice) it is a method that has little to commend it.

“For one thing, it is in no sense the ‘market’ solution that it purports to be. It is essentially a government-controlled, administrative rationing system, in which the rations can subsequently be traded. It is rather as if, instead of seeking to cut back on smoking by taxing it, we were to allocate Soviet-style production permits to the cigarette manufacturers, which they were then permitted to buy and sell amongst themselves. Of course, for the market-makers and other middlemen who trade in the CO2 emissions permits, it is indeed a market, and one which they will not hear a word said against: for them it presents a lucrative and – they hope – growing business opportunity.

“Among its many other drawbacks, cap and trade is arbitrary and distortionary, covering some emissions but not others (it is impractical, for example to extend it to the personal and household sector, including motoring). For those industries where it does apply, it is anti-competitive, since permits are issued to existing emitters, and not to new entrants, who have to purchase them from the market. In general, the administrative allocation system scores badly on transparency, and lends itself to lobbying, corruption, and abuse of one kind or another. This is even more pronounced in an international scheme, when each government is under pressure to allocate generously to its own national emitters. Another problem is that it injects an artificial volatility into the price of energy, making rational investment decisions more difficult – not least any decision to invest in low-carbon or non-carbon energy. And, inevitably, the ethereal nature of the commodity being traded makes it particularly hard to police.

“The only substantial emissions-trading scheme so far attempted, the European Union’s ETS, exhibits all these fundamental flaws – and indeed several more, as recent studies have shown. In practice, it has done nothing to reduce emissions, and has merely awarded subsidies to selected emitters. In theory, some of the disadvantages of the scheme could be avoided if the emissions permits were auctioned, rather than given away, but the design of an auction to cover all emitters – including the personal sector – and extending it internationally would be mind-bogglingly complex and contentious, if indeed it could be done at all. Which is why, for the new and allegedly improved second (2008-2012) phase of the ETS (the first phase is universally agreed, except by those who have made money out of it, to have been a farce), the EU has decided that 98.5% of the permits should be allocated and only 1.5% auctioned.

There are two other forms of governmentally-sponsored carbon trading. Both are impossible to supervise and continue to suffer from such widespread abuse that their net effect on the climate is probably an increase in total carbon emissions. First, the “Clean Development Mechanism” set up under the Kyoto Agreement allows developed countries bound by Kyoto targets to buy “certified emissions reductions” from developing countries rather than cutting its own emissions. The UN is supposed to declare that the reductions would not have occurred in any event and have not been offset by any increase in emissions somewhere else.

China and India have both exploited the Clean Development Mechanism to the full, and greatly to their profit, but without any environmental benefit whatsoever to our planet. Chinese and Indian producers of chlorofluorocarbons, powerful greenhouse gases, are able to earn massive windfall profits by opening or buying plants designed to emit halocarbons – tens of thousands of times more potent than CO2 as greenhouse gases – and then by receiving cash payments via the Clean Development Mechanism to close them down again. Since the payments are scaled to reflect the “global warming potential” of the greenhouse gases emitted by the plants, the profiteers by this scam are making billions. The profits – at the expense of the West – are so gross that the Chinese Communist regime now levies a special windfall tax on them, which it can then spend on paying the cost of its declared program of opening two or three new coal-fired, greenhouse-gas-emitting power stations every week (for the sheer scale of this program, see the Annual Statistical Communiqué of the “People’s” “Republic” of China, 2006). It is difficult to see any environmental merit whatsoever in this mechanism.

Secondly, the “Joint Implementation”, also established under the Kyoto Protocol, allows developed countries emitting below their Kyoto thresholds to sell “carbon credits” (cynically but accurately known on the financial markets as “hot air”) to others who cannot meet their own thresholds. However, the only Kyoto signatory emitting well below its threshold, which the Protocol defines as 5% less than actual 1990 emissions, is Russia, because the collapse of Communism brought thousands of State-subsidized heavy industries to a sudden end. Russia at first stood out against the Kyoto Protocol but, more recently, its leaders realized that it could profit by Joint Implementation to the tune of tens of billions at the expense of the West. Suddenly, it ratified Kyoto. Soon, the profits will roll in, and we will be paying.

There is also a private-sector scheme known as “carbon offsetting,” by which jet-setting celebrities like Al Gore can publicly parade the pretence that their extravagant, carbon-emitting lifestyle is not really adding anything to manmade greenhouse-gas emissions. All they have to do is to buy the modern equivalent of the Indulgences sold for profit by unscrupulous pastors in the mediaeval Church. The Indulgences, coyly marketed under the name “carbon offsets”, are sold by various private scamsters, who craftily suggest to penitents that they can salve their consciences for, say, the carbon emissions arising from a transatlantic flight by paying as little as $5 towards the planting of trees that may or may not take place, and might or might not have taken place anyway. Type “carbon offsets” into Google and look at almost any of the myriad scams on offer. Most of them are so transparently fraudulent that it is at first blush astonishing that prosecutions have not resulted.

For it is the unique, common characteristic of all forms of carbon trading – whether by cap-and-trade, the “Clean” Development Mechanism, the Joint Implementation, carbon offsets, or any other device in the panoply of international nonsense that has sprung into being so profitably for the scamsters and their allies among the international enemies of the West, and so expensively for the rest of us – that not only both parties to each transaction but also all of the States or supranational entities nominally supervising and regulating them have a direct and powerful vested interest in overstating both the scale and the significance of the transactions.

The emitter wishes to salve his conscience and receive absolution by pretending that he has done all that is necessary to make him and his household or enterprise fashionably (though unnecessarily, and climate-irrelevantly) “carbon-neutral”. The counterparty to the emitter’s transaction wishes to attract more business from penitents by suggesting to them that for unrealistically small sums they can be forgiven all their carbon sins. The regulators and legislators wish to demonstrate to their voters (in those countries – unlike the European Union, or Rhodesia – where voters still matter, and still retain the power to choose and to dismiss those who govern them) that they are playing a full and successful part in the great Sancho Panza crusade to “Save The Planet”.

No surprise, then, that notwithstanding all the rhetoric and all the activity and all the “Reports” about the desirability of carbon trading, the trend in worldwide carbon emissions continues relentlessly upward, and at an accelerating rate. Though “carbon offsetting” is indeed enriching the wealthy market-fixers, scamsters, and regulators, while further impoverishing the poor citizenry, it is not – back in the real world – actually offsetting any emissions of carbon dioxide at all: nor is it ever likely to do so.

For, even if the entire Western world were to close down its economies altogether, and revert to the Stone Age but without even the ability to light fires, the planned growth in emissions in India and China alone would replace the West’s entire emissions within little more than a decade.

The central truth about “global warming” is that from here on it is the emerging tigers of Asia who will be the world’s dominant emitters. The West is no longer the chief problem, and no longer holds the solution in its own hands. We are bit-part players.

For the foreseeable future, therefore (setting aside the small decline that has recently occurred because the exceptionally cold winter of 2007/8 cooled the climate-relevant surface or “mixed” layer of the oceans and allowed that layer to take up unusually large quantities of CO2 from the atmosphere), carbon dioxide concentrations in the atmosphere will continue to rise as they have throughout the half-century since modern gas-chromatograph measurements were first taken by the formidable Charles David Keeling on the shoulder of the Mauna Loa volcano in March 1958.

Therefore, it would not be responsible for the international community, or for any individual nation, to plan on any other basis than that by the end of this century there will be a great deal more carbon dioxide in the atmosphere than there is today. Not that that matters, for its effect on the climate will be negligible and generally beneficial – see the Technical Appendix.

Yet the principal objection to all forms of carbon trading, however elaborate and however piously intended, is not that it is inherently and inescapably fraudulent, nor that it is inevitably and ineluctably futile, but that it delivers no environmental benefit whatever in return for its massive cost – a cost which, as we shall see, falls almost exclusively upon the poorest while considerably enriching the richest. Carbon trading is Robin Hood in reverse, robbing the poor to enrich the rich. Abraham Lincoln once said, “You cannot make the poor rich by making the rich poor.” You certainly cannot make the poor rich by making the poor still poorer: that is the chief economic effect of carbon trading.

The real reason why carbon trading is a wasteful menace that ought to be forbidden by law is that it is altogether unnecessary. It is unnecessary not only because, as we have seen, the world has not warmed for a decade and is not likely to warm at more than a minuscule, harmless, and beneficial fraction of the rate luridly but inaccurately projected by the IPCC and its self-serving adherents in the international classe politique. It is unnecessary, above all, because the iron economic law of supply and demand is already driving up the cost of all carbon-based fuels, altogether irrespective of any intervention by etatiste meddlers.

It is a truism that the supply of fossil fuels is finite. Also, it is demonstrable not only that the cost of exploration is rising as a proportion of the exploitable reserves discovered but also that the cost of extraction is rising as a direct result of the political risks consequent upon the location of most of those reserves in the territories of unstable, undemocratic regimes that are for various reasons implacably hostile to the free West.

However, it is demand-side pressure, more than supply-side scarcity, that is chiefly responsible for the recent galloping inflation in the prices of fossil fuels, notably gasoline, currently trading at 1000% of its world price little more than a decade ago. This hyperinflation in the cost of fossil fuels is chiefly driven by the sudden surge in demand from emerging nations such as India and China. And the more we use carbon trading to close down our own economies and destroy the jobs of our working people, the more we shall stimulate that already-burgeoning demand for carbon fuels in India and China.

It is very likely that today’s oil price inflation, driven partly by limited and politically-uncertain supply but chiefly by ever-increasing world demand, will continue. Therefore, even if there were any imperative need for action to avert a “climate crisis” (which there is not: see the Technical Appendix), there would still be no need for national or international governmental action to drive up fossil-fuel prices any further: indeed, to do so would be particularly harmful to those on low incomes, and might dangerously deepen the present recession, without delivering any environmental benefit.

The deepening of a worldwide recession, though it is a mere inconvenience to the wealthy nations of the free West, has immediate and fatal consequences in the poorer nations, whose citizens are already starving as a direct result of the unscientific, now-discredited, bureaucratically-driven dash for biofuels , and are now menaced not only by the galloping increases in fuel prices caused by the surge in international demand but also – and quite unnecessarily – by the threat from the international classe politique artificially to increase fuel prices still further by means of “cap and trade”.

In a crude attempt to circumvent and downplay the fact of fossil-fuel hyperinflation, the EDF’s Report” disingenuously tries to argue – as did the now-defunct Stern Report – that the cost of cap-and-trade is negligible and will not add anything much to fossil fuel prices. In one respect, this is true. The first collapse of the European Union’s characteristically bureaucratic and extravagantly pointless cap-and-trade system was engendered by a huge fraud at the heart the system’s very construction. Under the system as originally conceived – or, rather, misconceived – every member-State was allowed to set its own emission limits. As a result, almost every member-State except Britain, whose current crop of ministers and civil servants are lamentably inexperienced and out of their depth in international negotiations, set themselves emission limits that actually exceeded previous total emissions. No surprise, then, those emissions in the EU continued to rise notwithstanding the introduction of cap-and-trade, so that, within a very short time, emissions permits were trading at less than $1 per tonne of CO2. This was indeed cheap – so cheap that it was comfortably exceeded by the monstrous bureaucratic handling charges involved in the trading, whereupon the scam collapsed.

The lesson to be learned from this typically incompetent failure on the part of the EU, whose officials are not subject to any effective democratic scrutiny, audit, or recall and who are accordingly not under any pressure to get things right, is this: if cap-and-trade is as cheap as the “Report” suggests, it will have no effect on carbon emissions. The corollary is that, if cap-and-trade actually reduces emissions, it can only do so if it is sufficiently expensive. Otherwise, as the failure of the EU scheme demonstrates, the environmental impact of “cap-and-trade” is actually negative: emissions rise, in a fine demonstration of the Law of Opposite Consequences: whenever a government attempts to interfere in the workings of the economy, even for beneficial purposes, it will be likely to trigger consequences that are not merely unintended but the diametric opposite of those that were, however piously, intended.



Nothing was intended, nothing was saved. They were there in their thousands, tens of thousands, millions, queued up, waiting, desperate, their increasing anxiety unheeded by those who lorded themselves over all of us. The cruelty of it all was beyond understanding. Where had it all gone, the pity for the plight of the ordinary working man? Or woman? Why had democracy failed us all so badly? Where did all our money go? On countless things he didn't support: global warming hysteria, the war in Iraq, massive and wasteful bureaucracies, courts that treated you as the enemy. We all pay. We all suffer.

And stuck in traffic jams, the ceaseless barking of mad dogs, clammy sweat coating us all, these things, these rhymes and reasons, were nothing short of fading memories. All had gone wrong. Depression loomed on the horizon. Men in suits held pointless meetings. Shadows fell across long lives; and everything was swept away. Soon there would be mirrors and shadows and reflections in windows; and he glared as much as he dared; chanting dog, dog, as he passed another parking cop, the supreme parasite, and the traffic banked up in front of him and behind, and the air full of pollution. Take me driving, she asked, and he shuddered at the thought of being stuck in yet more traffic.

Doom and gloom, he writhed, catching his reflection in the rear vision mirror. You're a dunderhead, he could hear her screaming, you haven't done this, you haven't done that, you haven't spent any time with the children. No, he had spent twelve hours in traffic and in a lousy job, trying to pay the bills while she sat around the house, watched daytime television, gossiped to her equally obnoxious gang of girl friends. Why am I doing this? Where did my life go? He could see the lights up ahead changing red, green, red, and still the traffic didn't move. The parking cop he had shouted "dog" at had overtaken him on the street; and he gave him the most intense death stare he could muster.

May bad luck follow you all the days of your life. May you suffer long and may you suffer hard. May all the bad times concentrate in your life. Get a proper job, he shouted, but he hadn't wound down the window; just hoping his hatred seeped like an echo out of the car and across the street, afflicting the parasite's subconscious. All was moving. All was shadowed in innocence. The traffic jolted forward barely a single car space. He was late, always late, and his head swirled with lists of unpaid bills and jobs not done. Everything was chaos; and he had no one to blame but himself.

These malcontents, these losers in the battle of life, and far off he could hear the sirens screaming; a motor cavalcade of someone important sweeping past; flanked by police. What would they know about any person's life, these people who were there supposedly to serve them. These giant egos. These cruel and indifferent idiots. He was shattered by the message. He was coming into darkness, coming around the corner, and he screamed and hit the windscreen, dog, dog, he shouted, remembering his last parking fine, remembering the state of his finances, remembering that these bastards were meant to actually be working for him. For a world he no longer loved. For a place that was no longer his.






THE BIGGER STORY:

http://www.larouchepub.com/other/2007/3413carbon_swindle.html

Carbon Trade Swindle Behind Gore Hoax

by Richard Freeman and Marcia Merry Baker

Look behind—if you dare—Al Gore and his science hoax, and you find the very same London-centered oligarchical financial crew that drove the 2003-2006 oil and commodity price increase, amidst the bubbles and hyperinflation that characterize the breakdown-phase of the financial system. The centerpiece of the U.S. emerging market for carbon emissions trading, is the Chicago Climate Exchange (CCX), created in 2003 as a "voluntary," or pilot agency, part of a London-based network positioned to reproduce the oil bubble on a scale orders of magnitude greater and more dangerous, while at the same time, destroying what's left of the physical economy.

The idea is that if governments cap CO2 emissions, then the "market" will take off for the buying and selling of emissions "allowances." This is the whole point of the "cap-and-trade" plan for CO2. If it sounds crazy, it is. But Gore is just one of the most visible parts of the elaborate (and bi-partisan) schemes that have been set in motion under cover of climate change. Gore's personal financial involvement is blatant, especially through Goldman Sachs—a large shareholder of CCX, and in 2004, the creator of Gore's very own London-based hedge fund, Generation Investment Management.

CCX has multiple interconnections with the London-run Intercontinental Exchange, Inc. (ICE), whose subsidiary is the International Petroleum Exchange, the world's largest petroleum futures and options market. The dirty details of ICE and the Great Oil Price Swindle came out extensively at a May 8, 2006 Senate Democratic Policy Committee hearing, where Sen. Carl Levin (D-Mich.) said that futures speculation on the ICE was the driver for adding $20 to 25 to the price of every barrel of oil, causing hardship to industry and households, and suffering to underdeveloped nations. (The report, "The Role of Market Speculation in Rising Oil and Gas Prices," is still posted on Sen. Levin's website).

Yet Al Gore got away with advocating cap-and-trade CO2 speculation at his much ballyhooed appearance before the joint House Hearing of the Energy and Science Committees March 21. Gore repeatedly told Congressmen to "put a price on carbon." In response to Rep. Roscoe Bartlett (R-Md.), Gore said, "As soon as carbon has a price, you are going to see a wave [of investment] in it ... there will be unchained investment."

But why have neither Republicans nor Democrats challenged Gore on this? And why have they conspicuously refrained from confronting Sir Nicholas Stern—of the 2006 "Stern Review" on global warming, British Environment Minister David Miliband, and the other British "experts" streaming into Washington, D.C. in 2007, to demand U.S. "economic response" to climate change? Political amnesia. Elected officials are tightly locked in the grip of the Synarchist gamemasters—the Felix Rohatyn wing of the Democratic Party, and the George Shultz wing of the GOP—who have been in on creating this and prior swindles all along.

Look, for example, at the who's who involved in the blatant staging of a "pro-green investment" press conference on the eve of the March 21 Gore House and Senate appearance. On March 19, the "Investors Network on Climate Risk" (INCR) held a Washington event to demand Federal action to impose mandatory reductions in greenhouse gases, claiming they represent a $4 trillion pool of funds demanding green ventures. Members of INCR, founded at the UN in 2003, include British Petroleum, Allianz Insurance, the world's largest insurance firm; DuPont, and hosts of state, labor, and church funds of various kinds, that have been herded into line. The INCR is chaired by British activist Norman Dean, who is simultaneously Director of Friends of the Earth.

Al Gore spoke at the May 2005 INCR Investors Summit at the United Nations, in his capacity as Chairman of his Generation Investment Management. He called for following the model of the European Union Emissions Trading Scheme, which started up in 2005. "Monetize emissions; trade them; reduce them," was Gore's mantra.

Gore again plugged green markets trading in April 2006, at Oxford University, at the annual Skoll World Forum for Social Entrepreneurship. This was held at the Skoll Centre, set up by Jeff Skoll, the E-bay billionaire, whose Participant Productions funded Gore's propaganda movie, An Inconvenient Truth. Gore pushed carbon swaps and other green investments, along with his co-chairman of Generation Investment Management, David Blood, formerly Chief of Goldman Sachs Asset Management.

But now in Washington, the pace of lobbying Congress for carbon markets has reached a frenzy. A March 15 forum was titled "From Kyoto to Chicago," because of the theme, that no new, long-lead time successor treaty to the expiring Kyoto Protocol is required for getting world carbon markets going. Carbon trade can commence if just the United States, Europe and Japan start it up, said Jonathan Pershing, emissions trading expert for the World Resources Institute, on whose board sits Al Gore. The same point was stressed by OECD spokesman Brice LaLonde, advisor to the European Carbon Fund (ECF), and head of Friends of the Earth in France said the same. His co-advisor to the ECF, founded in 2006, is William K. Reilly, the EPA director for President George H.W. Bush, and long-time World Wildlife Fund president.

The Investors' Network for Climate Risk's prime social action affiliate, the Coalition for Environmentally Responsible Economies (CERES; founded in 1989), released a January 2007 report entitled, "The Power to Save," which outlined a step-by-step process to put an end to all new power plant construction in Texas, the nation's second-most populous state. The concept is simple: cut emissions; then trade in the scarce emissions "allowances"!

In the current buyout bidding for TXU—the major, 62-year-old Texas electric utility, the offer by KKR and Texas Pacific would acquire TXU on condition that eight of 11 planned coal-fired generator projects be cancelled. The advisor on this so-called environmentalist deal is William K. Reilly, an official in the Texas Pacific Group.

Reilly is co-author of a recent report, "Allocating Allowances in a Greenhouse Gas Trading System"—a how-to booklet for trading in carbon—published by the National Commission on Energy Policy. Launched in November 2002, the NCEP's founding 20 members included Andrew Lundquist, the Executive Director of the 2001 Dick Cheney Energy Taskforce; R. James Woolsey, former CIA Director and long-time Al Gore neo-con advisor, William K. Reilly; John Rowe, CEO of Exelon, and other notables. Funding agencies include the MacArthur Foundation, the Pew Charitable Trust and others.

In the face of this political onslaught, it is useful that so far, the House Democratic and Republican leaderships have agreed not to rush into "cap-and-trade" emissions legislation. They are saying that a go-slow approach is desirable, but the amount of top-down pressure to act now—from Wall Street and City of London speculators, cannot be underestimated. On March 15, Rep. Joe Barton (R-Tex.), the ranking member of the House Energy and Commerce Committee said, "I'm glad to see that this week, Speaker Pelosi had indicated that any bill on global warming considered this year doesn't necessarily have to include a mandatory cap-and-trade scheme." But in reality, these emissions schemes, and their backers should be stopped cold.

***

Welcome to your weekly skeptics smorgasbord of inconvenient links and incoherent lefties. We're all going to die of something, and it might as well be while we're having fun with denial; so grab a beverage and belly up to the bar, we're going in...
Part One: Al Gore and Friends
As soon as the US election was over, the Al Gore was back on the trail, promoting his manufactured 'climate crisis' and his favorite topic, himself. Gore, the Great Profit, sees an opportunity to extend his great fortune with a Democrat in the Whitehouse and is already giving the President-elect advice:

“Now is not the time for small steps or a narrow focus. The American people are calling for bold change, and Repower America is the big solution to get our country back on track quickly. Quickly transitioning to clean energy will kick-start our economy, generate millions of new jobs and provide the foundation for long term economic growth.”

Al might not have been able to win his own election, but he's man enough to tell Barack Obama what to do with his win.

Oscar glory, A Nobel Peace prize and still the awards keep coming Al's way. This time the NAACP are honoring Big Al, presumably for being a person of green color.

Not all things are going so well for Al however. His TV enterprise, Current Media, is in trouble just one day after grabbing Canadian taxpayer cash in a partnership deal with the CBC. Current laid off 60 staff and has not launched its long delayed IPO. Al has made no statement yet, but expect one soon that fingers global warming as the cause of this catastrophe.
Goreworld
Earth is now so hot that Al had cut the sleeves off his sweater

Don't forget to get your weekly Gored but not Forgotten fix, and while you're over there at Skeptics Global Warming, check out his rebuttal of Al's NYT column. He takes Al behind the rhetorical woodshed and knocks the green out of him.

This weeks must-read post is all about the carbon trade swindle behind Al Gore. If ever the Goreacle goes to jail, this will be the reason, the cynical and dishonest trade of essentially value-less carbon credits.

Global warming muppet Jim Hansen got caught in an embarrassing lie this week after substituting faulty October data with Septembers numbers, making October 2008 look increbily warm. Corrections have been made, but this debacle goes to Hansen's faded credibility and highlights the central problem with climate models; garbage in, garbage out.

David Suzuki was scheduled to speak in Palm Springs this week, which means that once again I am greener than the totalitarian hippy because I didn't fly to Palm springs. Offset that, hippy!
Part Two: AGW Scaremongers and Propagandists

Old religion meets the new religion, can the inquisition be far behind? Perhaps not.

Finally, a scaremonger event that even I can get behind (NSFW).

The NYT held a drawing contest for moonbats and came up with some first-rate insights into the miniscule minds of lefties.
Moonbat art
a moonbat cannot tell nuclear waste from nuclear generation


Alan Colmes, aka 'Skeletor' of Fox News, introduced skeptic author Chris Horner as a climate criminal. Meanwhile ABC News is sending a reporter to Kilimanjaro for some balanced reporting on how the earth is about to explode into a zillion pieces, or something.

Roy Spencer is censored by two scientific publications, because science is about politics and fundraising, not facts and learned debate, dammit.

Buying offsets is hard, how is a university to know which bogus scheme to sign on with?

Wisconsin kills a new coal power plant, the blue state may be black sooner that they expect.

Copyright means nothing if alarmists can indoctrinate you faster, and there's nothing like indoctrinated kids to warm a believers heart.

More bad news for green politicians as New Zealand throws out die-hard green Prime Minister Helen Clark. She can add her failed career to Canada's Stephane Dion's on the unwanted pile of useless scaremongering politicans. Elizabeth May, leader of the greens in Canada, is resisting the inevitable and blames everyone but herself for not gaining a seat.

Who needs facts when even the head of the IPCC can just make stuff up? More here.

Greenpeace, the comedic gift that just keeps giving:
Windmills r us
Wind Farms. Greenpeace is not clear on the concept, apparently


The UK Times waits about 5 seconds after Michael Crichton's death before celebrating that his voice is gone from the climate debate, so we can all be free to be green without uppity writers challenging our beliefs.

Eco-terrorism, approved by Al Gore.

A skeptic needs a hug... it can be lonely out on the sane fringes.

Data, what data? Scientist refuses to share data with a skeptic, making everyone wonder what he's hiding. Nice play, Shakespeare.

AGW, how we know it's bunk, by those Power Line guys.
Part Three: Inconvenient Truths

What's green and full of hot air? No, not Al Gore, the green bubble. Green projects are failing all over the place, and there's more to come.

Global warming is killing amphibians. No, it's not. Is it just me or does there seem to be a trend towards debunking things that global warming was causing? Perhaps some scientists are looking to grab a modicum of credibility back before the backlash starts.

President-elect Obama has a detailed climate plan. Oh, wait, nevermind.

Did you know that alternative warming theory is valid? The Coloradoan does.

Biofuels were never a good idea, burning food for fuel is immoral in today's world. Now the problems with ethanol are acknowledged.

BP quits green projects in the UK, leaving the government in the lurch. Heh.

That crashing economy you hear? No, the other one, the carbon crash. The real economy is laready killing the green revolution.

Germany needs power, coal to the rescue, activists go under the bus along with EU climate goals.

If a picture is worth a thousand words:
Chilly
(source)

Green opportunist T Boone Pickens delays his wind farms, he's having a bad week.

Part Four: AGW in the News

The U.S. Department of Energy pulls the plug on a global warming project, and the scientists are upset. Clearly this is unfair, the scientists have adhered to all the rules of modern science by linking their research to global warming, yet they still lost funding. I can hear the trembling across campuses all over the world.

It's ski-time in Austria, Switzerland and Italy, already.
Bikiskini
global warming, I love it

The US Navy wins a war with environuts, sonar bombing runs will commence soon.

Australia's ABC News clearly has no agenda when it interviews skeptics.

The UK government passed a global warming bill while snow lay on the ground in early October for the first time in 85 years.

Change we can believe in. Oh, wait. Here's more on what the new guy might do with climate policy.

Will America's new President buy oil from Canada?

What happens if you hold a climate conference and no one shows up?

While I'm tooling around town laughing at prius drivers from my SUV, it seems some of the micro-car drivers are regretting their leap.
Smarter hummer
A Hummer with its pilot fish in a natural setting

Part Five: Real Science

More on that NASA error in the GISS data from September and the attempt by NASA to blame skeptics for their embarrassment.

Is the Sun waking up? Maybe, slowly.

Bjorn Lomborg takes time off from his hit show Mamma Mia and offers good advice to the President-elect.

Ahem. It's the Sun, stupid.

Climate control is a futile quest. Resistance is also futile, but what has that got to with anything?

Climate change knows three realities: science reality, which is what working scientists deal with every day; virtual reality, which is the wholly imaginary world inside computer climate models; and public reality, which is the socio-political system within which politicians, business people and the general citizenry work.
An embarrassingly large hole will open in the ozone layer this year, almost exactly 12 months after scientists celebrated 20 years of banning CFC's. Oops. Don't forget that many of the geniuses that missed the effect of cosmic rays on the ozone layer today claim to know what's 'wrong' with the climate.

No O zone
Hole-y cow, it's a biggie

Hmm, I don't think I mentioned that it's the Sun, stupid. Or did I?

Part Six: Global Hottie
Regular readers will know that I do (sometimes) try to provide a reason for linking to the hottie. These same readers know and understand that these links are tenuous at best. The odd reference in Part 5 about resistance and futility might have seemed odd when you read it, but now you see the wisdom of the blogger at its evil worst. It's a shameless segway to a spottie (space hottie). Deniers, please surrender to Borg beauty and this week's global hottie, Jeri Ryan.
Jeri3

(yes, I do know she's out of uniform)

That's your weekly round-up, rounded-up as it were. Happy weekending to all of you.

Wednesday, 12 November 2008

Defeated and Defenceless, Preyed on by Parasites, Politicians and Parking Cops

*



If you want to be happy, forget yourself. Forget all of it—how you look, how you feel, how your career is going. Just drop the whole subject of you. We all know this is true because we’ve all had the experience of doing some task—even cleaning the sock drawer or washing the dishes—and for a while, forgetting ourselves entirely. And when we blink our eyes and come back, we realize we've been happy.
So losing your self-preoccupation is important. How do you do that? Simple: focus on something else. People dedicated to something other than themselves—helping family and friends, or a political cause, or others less fortunate than they—are the happiest people in the world. We sometimes hear about how people "throw their lives away" or "live for others." But such people are often very happy.
Of course, if you care for others, if you devote yourself to some cause greater than you are, it doesn't mean your life will be free of troubles. No one's is. It doesn't mean you’ll enjoy every minute. No one does. But it does mean you'll have a happier time than somebody who's always looking out for number one, or who is hurrying to buy the latest trendy thing, or who is standing before the mirror, watching his or her life drain away—as it inevitably does.
So if you want to be happy, resolutely turn the spotlight off yourself. Forget your own self-importance, your aches and pains, your feelings and fears. Instead, get busy. The world is wide and fascinating, and it needs your participation. People out there need your help. And you need to get off it. A little more service to others, and a little fewer possessions to claim your attention.
Now: who knows all this? For one thing, terminally ill people do. When you learn you’re dying, you work out the priorities real quick. Nobody on their deathbed ever wishes they spent a few more days at the office, or bought that new car. What matters is friends and family, and human relationships: what you did for other people, what they did for you. How you helped and were helped. Where you cared and were cared for. That's the heart of happiness, and all the rest is commercial hustle. Don't buy it. Make the world a better place and you make your life worth while. Make your life worth while and you’ll be happy. You don't need to buy anything or ask anybody for advice. You can just go do it.
And you can start right now.
Michael Crighton
1942-2008.



What a stupid and dishonest claim. What a world we live in. Government funded propaganda pumps out of us from every corner. The right in this country was just as guilty of these crimes as the left, spending hundreds of millions of dollars on lying and dishonest advertisements. If something was an evident truth you would not need to advertise it; only to celebrate it. Where is there to go when both sides of politics have deserted you? The shameful failures of the Howard years are still being played out in people's lives today.

Fathers and their children are still paying the price for former prime minister John Howard's abject failure to reform family law and child support, while in a craven abuse of the citizenry who voted for him, he foisted ridiculous, vicious and nasty schemes like Work Choices on to the populace without even having mentioned the subject at the election. It was so dishonest. And he spend hundreds of millions of dollars on advertising campaigns and setting up various institutions in order to convince the working men and women of Australia they should give away their work conditions.

It was deeply foolish and deeply stupid, stale undies flapping in the wind, washing machines that don't work, street alcoholics waiting for their cheques. These abysmal government abuses continue to this day, through the change of government and the swing to the orthodox left that Kevin Rudd represents. The ABC pours our garbage on climate change as if it was a demonstrated fact when it's nothing of the kind. Rudd preens himself on jet planes, cutting through the air, spreading their greenhouse gases, destroying the ozone. While preparing to inflict an emissions trading scheme which will raise the price of everything on an unsuspecting populace.

Just when you think climate change hysterics are on the wane, they pop up again, wave after wave of them, outdoing each other in calling for emissions reductions to save the planet, making preposterous, utterly ridiculous claims about the death of the Barrier Reef and the loss of other assets. And the earth is not heating. Indeed there has been a slight cooling. But nobody, nobody in this frenzied debate, wants to look at the facts; they want to outdo each other in popping out technical babble it's doubtful even they understand.

"Professor" Garnaut, who clearly has a messiah complex, pontificates constantly about himself, his report, making the claim last night that his report was playing a part in the debate worldwide, as if anyone could really care what anyone did in Australia. But it goes on, the lunatics have taken over the asylum, offensive and dishonest garbage assaults us at every turn, nobody wants to be different, and the few clarion warriors who dare to speak up against this nonsense are dismissed as right wing lunatics, out of date curmudgeons, Neanderthal fools.

The problem is it takes so long for justice and truth to out. A disarmed population is defeated and defenceless, preyed on by parasites, politicians and parking cops. Nothing changes. They get you at every turn, the saying goes; and how true it is. Life in this city has become impossible. You cannot drive anywhere in this city without wracking up tolls. The utterly hapless state government is regarded as little better than a pack of criminals, yet people voted for them. They were fools and they bought the lies; and the other side was so bad nobody wanted to vote for them either.

We are defeated fools, preyed on, disarmed; and the parasites have won, preying on the physical flesh of the populace. We're all broken hearted. We're all defeated. And the summer days that come so slowly, the young flesh romping on yellow sand under blank blue skies, none of this is enough to erase the simple truth: this city, this country, has gone to the dogs.





THE BIGGER STORY:

http://www.michaelcrichton.net/

In Memoriam

Michael Crichton

1942 - 2008

Best-selling author Michael Crichton died unexpectedly in Los Angeles Tuesday, November 4, 2008 after a courageous and private battle against cancer.

While the world knew him as a great story teller that challenged our preconceived notions about the world around us -- and entertained us all while doing so -- his wife Sherri, daughter Taylor, family and friends knew Michael Crichton as a devoted husband, loving father and generous friend who inspired each of us to strive to see the wonders of our world through new eyes. He did this with a wry sense of humor that those who were privileged to know him personally will never forget.

Through his books, Michael Crichton served as an inspiration to students of all ages, challenged scientists in many fields, and illuminated the mysteries of the world in a way we could all understand.

He will be profoundly missed by those whose lives he touched, but he leaves behind the greatest gifts of a thirst for knowledge, the desire to understand, and the wisdom to use our minds to better our world.

Michael's family respectfully asks for privacy during this difficult time.

A private memorial service is expected, but no further details will be released to the public.

http://www.michaelcrichton.net/speech-ourenvironmentalfuture.html

To be in Washington tonight reminds me that the only person to ever offer me a job in Washington was Daniel Patrick Moynihan. That was thirty years ago, and he was working for Nixon at the time. Moynihan was a hero of mine, the exemplar of an intellectual engaged in public policy. What I admired was that he confronted every issue according to the data and not a belief system. Moynihan could work for both Democratic and Republican presidents. He took a lot of flack for his analyses but he was more often right than wrong.

Moynihan was a Democrat, and I’m a political agnostic. I was also raised in a scientific tradition that regarded politics as inferior: If you weren’t bright enough to do science, you could go into politics. I retain that prejudice today. I also come from an older and tougher tradition that regards science as the business of testing theories with measured data from the outside world. Untestable hypotheses are not science but rather something else.

We are going to talk about the environment, so I should tell you I am the child of a mother who 60 years ago insisted on organic food, recycling, and energy efficiency long before people had terms for those ideas. She drove refrigerator salesmen mad. And over the years, I have recycled my trash, installed solar panels and low flow appliances, driven diesel cars, and used cloth diapers on my child—all approved ideas at the time.

I still believe that environmental awareness is desperately important. The environment is our shared life support system, it is what we pass on to the next generation, and how we act today has consequences—potentially serious consequences—for future generations. But I have also come to believe that our conventional wisdom is wrongheaded, unscientific, badly out of date, and damaging to the environment. Yellowstone National Park has raw sewage seeping out of the ground. We must be doing something wrong.

In my view, our approach to global warming exemplifies everything that is wrong with our approach to the environment. We are basing our decisions on speculation, not evidence. Proponents are pressing their views with more PR than scientific data. Indeed, we have allowed the whole issue to be politicized—red vs blue, Republican vs Democrat. This is in my view absurd. Data aren’t political. Data are data. Politics leads you in the direction of a belief. Data, if you follow them, lead you to truth.


http://www.climatechangefraud.com/content/view/2705/223/

Just Another Day in Alarmist Land
Written by Chris Horner, Planet Gore
Wednesday, 12 November 2008

If ever there were two items fairly capturing much of the theme of Red Hot Lies — cruising up the charts nicely here in its first few days off the press, thanks to all — these are the two.

First, establishment scientists attack heretics, then refuse to release the data they claim supports their alleged debunking of what, in this case, increasingly appears to be a fatal flaw in the alarmist thesis: the alleged “fingerprint” of greenhouse warming continues to not exist.

As I detail in RHL, the global warming industry have a long and unhappy history of making claims they apparently cannot back up and, when challenged, clinging to their data like grim death, claiming it was lost, apparently fabricating data, having journals publish helpful conclusions without ever asking to see the numbers, and so on. When the data are released, things don’t end well for the alarmists — as the Hockey Team’s original and now latest flailing bears out.

Second, Australia’s ABC news nicely embodies the media’s now ritual double standard of selective curiosity and umbrage in their efforts to dismiss those who refuse to accept the faith, and elevate those who have found salvation. As Andrew Bolt writes, the ABC reporter “rings the leper’s bell” in introducing a mere professor for his sin of being a skeptic, while spinning alarmists into authorities to whom all must defer.

This shows once again what I explore with example after example in RHL: climate scientists know where the path of least resistance lies; and, conversely, they have seen the excommunication that awaits if they dare to follow the research rather than the research dollars. The same reality holds true for politicians. Should one choose to infer relative legitimacy of the various positions from those facts, so be it.

Monday, 10 November 2008

The Sickness Begins

*



I have done it again.
One year in every ten
I manage it--

A sort of walking miracle, my skin
Bright as a Nazi lampshade,
My right foot

A paperweight,
My face a featureless, fine
Jew linen.

Peel off the napkin
O my enemy.
Do I terrify?--

The nose, the eye pits, the full set of teeth?
The sour breath
Will vanish in a day.

Soon, soon the flesh
The grave cave ate will be
At home on me

And I a smiling woman.
I am only thirty.
And like the cat I have nine times to die.

This is Number Three.
What a trash
To annihilate each decade.

What a million filaments.
The peanut-crunching crowd
Shoves in to see

Them unwrap me hand and foot--
The big strip tease.
Gentlemen, ladies

These are my hands
My knees.
I may be skin and bone,

Nevertheless, I am the same, identical woman.
The first time it happened I was ten.
It was an accident.

The second time I meant
To last it out and not come back at all.
I rocked shut

As a seashell.
They had to call and call
And pick the worms off me like sticky pearls.

Dying
Is an art, like everything else.
I do it exceptionally well.

I do it so it feels like hell.
I do it so it feels real.
I guess you could say I've a call.

It's easy enough to do it in a cell.
It's easy enough to do it and stay put.
It's the theatrical

Comeback in broad day
To the same place, the same face, the same brute
Amused shout:

'A miracle!'
That knocks me out.
There is a charge

For the eyeing of my scars, there is a charge
For the hearing of my heart--
It really goes.

And there is a charge, a very large charge
For a word or a touch
Or a bit of blood

Or a piece of my hair or my clothes.
So, so, Herr Doktor.
So, Herr Enemy.

I am your opus,
I am your valuable,
The pure gold baby

That melts to a shriek.
I turn and burn.
Do not think I underestimate your great concern.

Ash, ash--
You poke and stir.
Flesh, bone, there is nothing there--

A cake of soap,
A wedding ring,
A gold filling.

Herr God, Herr Lucifer
Beware
Beware.

Out of the ash
I rise with my red hair
And I eat men like air.

23-29 October 1962
Lady Lazarus
by Sylvia Plath



He watched, impassive, as the spirals of crystal light crawled up the side of the apartment buildings, circled around the waves of units that crested along the hill, Kings Cross, with its all night clubs and late night denizens, just behind. Sometimes he saw the pasty complexions of the night people coming home to rest. He was not satisfied. In fact he wanted to be invisible. He could see through the front windows of the units, could see in minute detail the layout of the apartments, the lives of the residents. He wanted to drape himself inside their lives, be them. He wanted to celebrate life, not observe it.

How easy it would be to float from this high place, to launch off the top of Withering Heights, or Gotham City as it was also known. There weren't any shadows in this over lit world. He could see dark silhouettes amongst the spiral colours, hesitant now whether they were humans or something else. His blood heated. The sunrise was already picking out the eastern suburbs, every house, every building, and he could see a giant cargo ship inching down the harbour, surrounded by tugs. Nothing could be more beautiful.

What he didn't realise, what he should have known, was that the sickness had already set in. What had been fun, or simple escape, had become compulsion, obsession. He couldn't survive without sustenance, reassurance. He was, despite his best efforts, part of this world. Flying over alien landscapes. Confronting Martians in their caves. Being anywhere but here. That was what drove him, the desire for escape. The channels far below, secret valleys in austere lands. The best of times. Followed, of course, by the worst. He didn't understand what was happening to him.

But of course it was the sickness that was distancing him from everybody else, raising doubts as to his own humanity. Already he was capable of great violence, of shocking dismissal, of contempt for every day concerns. Already he was closely convinced he could step over the ledge and fly. That matter meshed with flesh and he could be gusted on high. Way up, way up, soaring above everything. So golden had been the dreams, so vivid, so strong. There was never any coming down, never any resolution. They were at the peak of their life, almost happy.


The resolution came in the passing of the day, in the longing for normality, in sleep and carnality, in simple observance of the rituals of life. A cup of tea? A mandie? The opened the door, in that apartment several floors below his favourite spot, and let him in. There was always some drama going on, some fabulous gossip. Joe, the slut, hadn't been seen for days. Candy got a gig in a club. Craig was looking for a new boyfriend, having dumped the last. These things, these mirages, these pretences at the good times, he lapped them up before fading, exhausted, into sleep. Everything was circular. He would end up lying where he had begun, rent boy to the stars, damaged beyond recognition.

It was this loss of his own soul that he barely stopped to regret. None of it held substance. These friends were simply fly by nights, attracted by what he could give, his easy good looks, his ready availability, the drugs, because he was always a walking chemist shop. They welcomed him in and picked rapidly through his offerings. Outside the window, now at tree level, birds twittered and he could see strangers on the street. Shadows were rested. Darkness descended. And when he woke, the sickness would be on him again, and he would begin the whole merry, arduous dance, getting plastered in readiness for the dawn. Everything they did was akin to a criminal act. In a different world, people dressed for work and failed to rail against the universe. Their simple, honest lives bore no resemblance to his own.





THE BIGGER STORY:

President-elect Barack Obama spoke to the world from his home city of Chicago as he became the first black president of the United States. Here is the full text of his victory speech:

"Hello, Chicago.

"If there is anyone out there who still doubts that America is a place where all things are possible, who still wonders if the dream of our founders is alive in our time, who still questions the power of our democracy, tonight is your answer.

"It's the answer told by lines that stretched around schools and churches in numbers this nation has never seen, by people who waited three hours and four hours, many for the first time in their lives, because they believed that this time must be different, that their voices could be that difference.

"It's the answer spoken by young and old, rich and poor, Democrat and Republican, black, white, Hispanic, Asian, Native American, gay, straight, disabled and not disabled, Americans who sent a message to the world that we have never been just a collection of individuals or a collection of red states and blue states.

"We are, and always will be, the United States of America.

"It's the answer that led those who've been told for so long by so many to be cynical and fearful and doubtful about what we can achieve to put their hands on the arc of history and bend it once more toward the hope of a better day.

"It's been a long time coming, but tonight, because of what we did on this date in this election at this defining moment, change has come to America.

"A little bit earlier this evening, I received an extraordinarily gracious call from Senator McCain.

"Senator McCain fought long and hard in this campaign. And he's fought even longer and harder for the country that he loves. He has endured sacrifices for America that most of us cannot begin to imagine. We are better off for the service rendered by this brave and selfless leader.

"I congratulate him; I congratulate Governor (Sarah) Palin for all that they've achieved. And I look forward to working with them to renew this nation's promise in the months ahead.

"I want to thank my partner in this journey, a man who campaigned from his heart, and spoke for the men and women he grew up with on the streets of Scranton and rode with on the train home to Delaware, the vice president-elect of the United States, Joe Biden.

"And I would not be standing here tonight without the unyielding support of my best friend for the last 16 years, the rock of our family, the love of my life, the nation's next first lady Michelle Obama.

"Sasha and Malia I love you both more than you can imagine. And you have earned the new puppy that's coming with us to the new White House.

"And while she's no longer with us, I know my grandmother's watching, along with the family that made me who I am. I miss them tonight. I know that my debt to them is beyond measure.

"To my sister Maya, my sister Alma, all my other brothers and sisters, thank you so much for all the support that you've given me. I am grateful to them.

"And to my campaign manager, David Plouffe, the unsung hero of this campaign, who built the best - the best political campaign, I think, in the history of the United States of America.

"To my chief strategist David Axelrod who's been a partner with me every step of the way. To the best campaign team ever assembled in the history of politics, you made this happen and I am forever grateful for what you've sacrificed to get it done.

"But above all, I will never forget who this victory truly belongs to. It belongs to you. It belongs to you.

"I was never the likeliest candidate for this office.

"We didn't start with much money or many endorsements.

"Our campaign was not hatched in the halls of Washington. It began in the backyards of Des Moines and the living rooms of Concord and the front porches of Charleston.

"It was built by working men and women who dug into what little savings they had to give 5 and 10 and 20 to the cause.

"It grew strength from the young people who rejected the myth of their generation's apathy, who left their homes and their families for jobs that offered little pay and less sleep.

"It drew strength from the not-so-young people who braved the bitter cold and scorching heat to knock on doors of perfect strangers, and from the millions of Americans who volunteered and organised and proved that more than two centuries later a government of the people, by the people, and for the people has not perished from the Earth.

"This is your victory.

"And I know you didn't do this just to win an election. And I know you didn't do it for me.

"You did it because you understand the enormity of the task that lies ahead. For even as we celebrate tonight, we know the challenges that tomorrow will bring are the greatest of our lifetime - two wars, a planet in peril, the worst financial crisis in a century.

"Even as we stand here tonight, we know there are brave Americans waking up in the deserts of Iraq and the mountains of Afghanistan to risk their lives for us.

"There are mothers and fathers who will lie awake after the children fall asleep and wonder how they'll make the mortgage or pay their doctors' bills or save enough for their child's college education.

"There's new energy to harness, new jobs to be created, new schools to build, and threats to meet, alliances to repair.

"The road ahead will be long. Our climb will be steep. We may not get there in one year or even in one term. But, America, I have never been more hopeful than I am tonight that we will get there.

"I promise you, we as a people will get there.

"There will be setbacks and false starts. There are many who won't agree with every decision or policy I make as president. And we know the government can't solve every problem.

"But I will always be honest with you about the challenges we face. I will listen to you, especially when we disagree. And, above all, I will ask you to join in the work of remaking this nation, the only way it's been done in America for 221 years - block by block, brick by brick, calloused hand by calloused hand.

"What began 21 months ago in the depths of winter cannot end on this autumn night.

"This victory alone is not the change we seek. It is only the chance for us to make that change. And that cannot happen if we go back to the way things were.

"It can't happen without you, without a new spirit of service, a new spirit of sacrifice.

"So let us summon a new spirit of patriotism, of responsibility, where each of us resolves to pitch in and work harder and look after not only ourselves but each other.

"Let us remember that, if this financial crisis taught us anything, it's that we cannot have a thriving Wall Street while Main Street suffers.

"In this country, we rise or fall as one nation, as one people. Let's resist the temptation to fall back on the same partisanship and pettiness and immaturity that has poisoned our politics for so long.

"Let's remember that it was a man from this state who first carried the banner of the Republican Party to the White House, a party founded on the values of self-reliance and individual liberty and national unity.

"Those are values that we all share. And while the Democratic Party has won a great victory tonight, we do so with a measure of humility and determination to heal the divides that have held back our progress.

"As Lincoln said to a nation far more divided than ours, we are not enemies but friends. Though passion may have strained, it must not break our bonds of affection.

"And to those Americans whose support I have yet to earn, I may not have won your vote tonight, but I hear your voices. I need your help. And I will be your president, too.

"And to all those watching tonight from beyond our shores, from parliaments and palaces, to those who are huddled around radios in the forgotten corners of the world, our stories are singular, but our destiny is shared, and a new dawn of American leadership is at hand.

"To those - to those who would tear the world down: We will defeat you. To those who seek peace and security: We support you. And to all those who have wondered if America's beacon still burns as bright: Tonight we proved once more that the true strength of our nation comes not from the might of our arms or the scale of our wealth, but from the enduring power of our ideals: democracy, liberty, opportunity and unyielding hope.

"That's the true genius of America: that America can change. Our union can be perfected. What we've already achieved gives us hope for what we can and must achieve tomorrow.

"This election had many firsts and many stories that will be told for generations. But one that's on my mind tonight's about a woman who cast her ballot in Atlanta. She's a lot like the millions of others who stood in line to make their voice heard in this election except for one thing: Ann Nixon Cooper is 106 years old.

"She was born just a generation past slavery; a time when there were no cars on the road or planes in the sky; when someone like her couldn't vote for two reasons - because she was a woman and because of the colour of her skin.

"And tonight, I think about all that she's seen throughout her century in America - the heartache and the hope; the struggle and the progress; the times we were told that we can't, and the people who pressed on with that American creed: Yes we can.

"At a time when women's voices were silenced and their hopes dismissed, she lived to see them stand up and speak out and reach for the ballot. Yes we can.

"When there was despair in the dust bowl and depression across the land, she saw a nation conquer fear itself with a New Deal, new jobs, a new sense of common purpose. Yes we can.

"When the bombs fell on our harbour and tyranny threatened the world, she was there to witness a generation rise to greatness and a democracy was saved. Yes we can.

"She was there for the buses in Montgomery, the hoses in Birmingham, a bridge in Selma, and a preacher from Atlanta who told a people that 'We Shall Overcome'. Yes we can.

"A man touched down on the moon, a wall came down in Berlin, a world was connected by our own science and imagination.

"And this year, in this election, she touched her finger to a screen, and cast her vote, because after 106 years in America, through the best of times and the darkest of hours, she knows how America can change.

"Yes we can.

"America, we have come so far. We have seen so much. But there is so much more to do. So tonight, let us ask ourselves - if our children should live to see the next century; if my daughters should be so lucky to live as long as Ann Nixon Cooper, what change will they see? What progress will we have made?

"This is our chance to answer that call. This is our moment.

"This is our time, to put our people back to work and open doors of opportunity for our kids; to restore prosperity and promote the cause of peace; to reclaim the American dream and reaffirm that fundamental truth, that, out of many, we are one; that while we breathe, we hope. And where we are met with cynicism and doubts and those who tell us that we can't, we will respond with that timeless creed that sums up the spirit of a people: Yes, we can.

"Thank you. God bless you. And may God bless the United States of America."