There is a revolution coming that is likely to burst the green global warming bubble: the temperature trend used by the IPCC (the U.N.’s Intergovernmental Panel on Climate Change) to support their conclusion about anthropogenic global warming (AGW) is likely to turn out to be fake. The situation will become clear once Virginia’s attorney general, Kenneth Cuccinelli, obtains information now buried in e-mails at the University of Virginia. Or Hearings on Climategate by the U.S. Congress may uncover the “smoking gun” that demonstrates that the warming trend used by the IPCC does not really exist.

It has become increasingly clear that any observed warming during the past century is of natural origin and that the human contribution is insignificant. It is doubtful that any significant warming is attributable to greenhouse gases at all.

Once the public accepts these scientific conclusions, it should have immense consequences for policy. It will mean that the impact of rising CO2 levels is negligibly small, as has already been concluded by the NIPCC (Nongovernmental International Panel on Climate Change), a group of scientists skeptical of the U.N.-supported IPCC. It would also mean that wind energy, solar energy, and other “non-carbon” energy sources are not needed and are in fact counterproductive. It would remove the need for alternative fuels such as ethanol (which might please many true environmentalists). It would also mean that carbon trading, cap and trade, and fanciful schemes for carbon capture and sequestration would all end up in the dustbin of history.

One may expect a huge outcry and serious and protracted opposition from those who have built their careers on global warming hype and who have made investments in alternative energy or are looking for immense profits from carbon trading. Yet the scientific facts must win out in the long run — even against the financial interests of favored groups, wind farm profiteers, ethanol refiners, carbon traders, and the investment firms and banks that have placed hundreds of billions of dollars of their clients’ money into green projects.

The Green Bubble Is about to Burst, 11/9/10

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