Written by Ryan Radia & William Yeatman, Des Moins Register
Monday, 12 May 2008
Iowa agriculture is booming now, but disaster looms on the horizon. An
anti-ethanol media storm threatens to further destabilize commodities
markets by undermining political support for biofuels.
After a
long decline, agriculture in Iowa is surging, in part because Congress
ordered the eventual production of 15 billion gallons of ethanol,
distilled from corn. As a result, land given to corn for fuel now
competes with land given to corn for grain and food. The increase in
demand helped push corn prices to record levels, which is why Iowa
farmers are thriving.
As such, the Corn Belt owes much of its good fortune to
congressional politics, rather than market forces. But in an age of the
24/7 news cycle and poll-driven policy, political support for ethanol
is even more volatile than the price of commodities on the Chicago
Board of Trade, and ethanol's political situation has worsened
dramatically in the past few months. That should worry Iowa farmers.
After all, government giveth, government taketh away.
Written by Jonathan David Carson, PhD, American Thinker
Monday, 12 May 2008
New Scientist, which revealed last year that obesity causes global warming, now tells us that global warming will make days longer, which has been confirmed by NASA. So not only is at least one global warming hysteric worried that efforts to stop global warming may slow the rotation of the earth, but the hysterical New Scientist reports that global warming itself slows it:
Global
warming will make days longer as well as hotter, say Belgian
scientists. A team led by Olivier de Viron of the Royal Observatory of
Belgium has calculated the impact of global warming from the build-up
of greenhouse gases in the air on the angular momentum of the planet.
So we might at well get used to longer and longer days. Who needs Daylight Savings Time anymore?
THE CARBON EXPO, an annual jamboree for emissions traders which your
correspondent visited last week, says a lot about the peculiar state of
the business of fighting global warming. Like any trade fair, it
abounded in stalls with eager salespeople peddling their wares:
projects that would reduce greenhouse-gas emissions, financing for and
auditing of such projects, and advice about how this whole burgeoning
new business works.
And work it does. In 2007, emissions trading grew into a $60 billion
business. Much of that came from within the European Union, which has
capped the emissions of big factories and power plants, but allows
firms that exceed their allocation to buy unused pollution rights from
those that have some to spare.
UN agencies, especially the United Nations Environmental Program (UNEP) and its offspring the Intergovernmental Panel on Climate Change (IPCC), were orchestrated to achieve the goal of convincing public and policy makers that warming and climate change were a human created disaster. Manipulation of the process was first publicly exposed in the Chapter 8 issue (here). Sadly, it was just the first of several that established the pattern of IPCC behavior.
It was not the first time the unsupportable claim that humans were causing global warming had made the news. A major incident occurred in 1988 when James Hansen, Director of NASA’s Goddard Institute of Space Studies (GISS), appeared before Senator Al Gore’s committee and said he was “99 percent” certain the Earth had warmed.
Protecting the environment is a noble
cause, although the consequences can be costly.
Back in August 1973, a biologist found a humble fish called
the snail darter (pictured) in the Little Tennessee River. At the time, it
was believed that this species would be pushed to extinction if
the Tennessee Valley Authority finished its Tellico Dam.
The snail darter became a celebrity, as environmentalists
used the Endangered Species Act to halt the project. It took six
years and an act of Congress to complete the dam.
Since then, the snail darter has been the poster child of
endangered species litigation. The fish, which subsequently was
found in other Tennessee waters, established the conventional
wisdom about the interaction between endangered species and
development. The pattern is familiar. Someone discovers a rare
species in a local area. It is declared endangered, and then
local projects are blocked.
Do today’s soaring food prices and Third World food riots mean we’re headed for global famine?
Not any time soon—if we suspend the biofuels mandates quickly. Unfortunately, if we keep burning corn, wheat, and palm oil in our vehicles, there’s no limit to the hunger, malnutrition, wildlife extinction and political disruption we can cause.
The problem is simple: Food demand is inelastic. People need about the same number of calories whether they’re expensive or cheap. But the demand for biofuels is almost without limit. An acre of corn produces only 50 gallons worth of gasoline per acre, while humans worldwide burn more than a trillion gallons of gasoline per year.
Thursday is the deadline set by a
federal judge in Alaska for the Fish and Wildlife Service to decide
whether the polar bear is a threatened or endangered species.
All the evidence shows the polar bear doesn’t need his help.
Environmental groups petitioned for such a listing and sued when a
decision was not forthcoming by the deadline. They claimed that global
warming had already diminished polar ice, would continue to do so and
doom the estimated 23,000 or so bears to extinction by perhaps 2050.
If there were a Society of Global Warming Alarmists, Bill McKibben (pictured)
might get kicked out for being too much of a worry wart . . .
You've probably seen those phone-message forms with check boxes in
ascending order of urgency from "FYI—no need to return call" all the
way up to "the future of civilization hangs in the balance." We might
see that last category as light-hearted exaggeration, but it's no
laughing matter to McKibben. In his jeremiad in today's LA Times
literally entitled "Civilization's last chance," McKibben solemnly declares that "the world looks a little terminal right now" and "it isn't morning in America, it's dusk on planet Earth." OK. Just so long as it's nothing serious.
McKibben's lament is based in important part on a paper that James
Hansen and several co-authors have submitted to Science magazine which
concludes that "if humanity wishes to preserve a planet similar to that
on which civilization developed and to which life on Earth is adapted,
paleoclimate evidence and ongoing climate change suggest that CO2 will
need to be reduced from its current 385 ppm to at most 350 ppm."
Scientists are now working to create a
new “tootless” grass for bovine enjoyment which will help cut methane
emissions from the bovine tailpipes. What next? A moratorium on baked
beans at BBQs?
According to the Scientific American article: “During the two
decades of measurements, methane underwent double-digit growth as a
constituent of our atmosphere, rising from 1,520 parts per billion by
volume (ppbv) in 1978 to 1,767 ppbv in 1998. But the most recent
measurements have revealed that methane levels are barely rising
anymore — and it is unclear why.”
It must be nice to be on Old Media's "free pass" list.
For years, Apple Computer has been on that list (disclosure: yours
truly is a 23-year Mac user). Apple has been the cool, innovative tech
darling, the noble foil of big, bad monopolist Microsoft.
(h/t to Sharon) B.C. [British Columbia] is about to be hit with new taxes to achieve the government’s
greenhouse gas (GHG) reduction goal of 33% below current levels by
2020. But the BC Liberals were elected to reduce taxes and burdensome
regulations, not increase them.
So just how did the premier come up with this goal and what is the outlook for B.C.?
While
in Hawaii for his Christmas 2006 vacation, the premier is said to have
read a couple of books on catastrophic climate change, including Al
Gore’s An Inconvenient Truth. Tellingly, the British High Court ruled
showing the movie version of that book, and misleading students into
believing it accurately represented climate science, was in violation
of the political indoctrination section of the country’s Education Act.
The experience in Europe goes beyond propaganda, however. The
experience in Europe is one of job losses with little, if any, GHG
reduction.