Saturday, 22 December 2012

WSJ: 'The climate-change justification for a carbon tax is bogus'

The Hockey Schtick
" What's more, the climate-change justification for a carbon tax is bogus. Greenhouse-gas emissions are rising in China and other emerging economies, not in the United States. Carbon-dioxide emissions in the U.S. have been declining and by 2035 will return to 2005 levels, the Energy Information Administration projects.
Advances in climate science, meanwhile, raise even more doubt about the assertion that human activities are the primary cause of warming. Former NASA scientist Roy Spencer, for example, has shown that temperatures since 1976 have risen and stabilized in parallel with the Pacific Decadal Oscillation, a natural climate pattern affecting all sorts of natural phenomena. An increasing number of experts now admit that natural variability is poorly understood and poorly reflected in the models that are the foundation of so much climate-change dread.
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