Bernie The Idiot On Earth Day
The Market Ticker - Commentary on The Capital Markets
Logging in or registering will improve your experience here
Main Navigation
Display list of topics
Sarah's Resources You Should See
Sarah's Blog Buy Sarah's Pictures
Full-Text Search & Archives
Legal Disclaimer

The content on this site is provided without any warranty, express or implied. All opinions expressed on this site are those of the author and may contain errors or omissions.

NO MATERIAL HERE CONSTITUTES "INVESTMENT ADVICE" NOR IS IT A RECOMMENDATION TO BUY OR SELL ANY FINANCIAL INSTRUMENT, INCLUDING BUT NOT LIMITED TO STOCKS, OPTIONS, BONDS OR FUTURES.

The author may have a position in any company or security mentioned herein. Actions you undertake as a consequence of any analysis, opinion or advertisement on this site are your sole responsibility.

Market charts, when present, used with permission of TD Ameritrade/ThinkOrSwim Inc. Neither TD Ameritrade or ThinkOrSwim have reviewed, approved or disapproved any content herein.

The Market Ticker content may be sent unmodified to lawmakers via print or electronic means or excerpted online for non-commercial purposes provided full attribution is given and the original article source is linked to. Please contact Karl Denninger for reprint permission in other media, to republish full articles, or for any commercial use (which includes any site where advertising is displayed.)

Submissions or tips on matters of economic or political interest may be sent "over the transom" to The Editor at any time. To be considered for publication your submission must include full and correct contact information and be related to an economic or political matter of the day. All submissions become the property of The Market Ticker.

Considering sending spam? Read this first.

2019-04-22 10:07 by Karl Denninger
in Environment , 470 references Ignore this thread
Bernie The Idiot On Earth Day
[Comments enabled]

12 years left to save the planet eh?

May I remind you that in 1989 it was said....

UNITED NATIONS (AP) _ A senior U.N. environmental official says entire nations could be wiped off the face of the Earth by rising sea levels if the global warming trend is not reversed by the year 2000.

Coastal flooding and crop failures would create an exodus of ″eco- refugees,′ ′ threatening political chaos, said Noel Brown, director of the New York office of the U.N. Environment Program, or UNEP.

He said governments have a 10-year window of opportunity to solve the greenhouse effect before it goes beyond human control.

It's been 20 years and no, the proscribed "requirements" didn't happen.

Has massive coastal flooding occurred?  Massive crop failures?  Any of the other "doom porn" that was put forward at the time?  Literally any of it?

No.

UNCR says CO2 emissions must fall by 45% within the next 11 years.  Doing so would require both China and India to drop their levels of emissions radically -- by roughly 40% -- along with major reductions in the rest of the developed world.  It would also require no new net emissions out of Africa or any other part of the developing world.  That won't happen either.

But the UN has never been right in their doom predictions.  They weren't in 1989 and their record has never improved from that point.  Remember that we were told that due to being pigs with our SUVs we going to suffer decades of insanely-intense and frequent hurricanes just like the 2004-05 seasons.

Except that didn't happen either.

In fact from 2005 11 years would pass before another hurricane hit Florida.  It's true that we've been hit on three successive years now, but again -- we went 10 years without an impact.  

This is a common pattern; after Eloise hit Florida in 1975 it would be 10 years before Elena, 7 years before Opal, and then there was a 9 year drought between Opal and Charley in 2004.

And don't give me this bull**** about the storms being "stronger" either; how many SUVs were running around in 1944, 45, 47, 48 and 49 -- all five of those years, clustered together, saw Cat 4 hits on the Florida coast and 10 years prior a Cat 5, lot stronger than Michael, hit Craig Key over Labor Day.

Then there's what Bernie's state did do -- it shut down Vermont Yankee, a nuclear power plant, and the state's CO2 emissions went up by 16%.  The plant formerly provided 70% of the state's electricity.

Bernie knows the record on these doomsaying predictions.

He knows they're lies.

Furthermore the best answer to fossil fuels, at least for other-than-transportation, is nuclear.  The civilian power program we have today was deliberately sabotaged by Jimmy Carter -- and in the best of DC traditions rather than deal with that they simply ignored the damage he did and soldiered on, creating a monstrous problem with high level nuclear waste that we now have and, if we were to suffer some major grid disruption, would immediately turn into dozens of high-source radiation-spewing sites-of-death.  But that can be solved, as I've pointed out -- with nuclear power that not only doesn't suffer from these problems it burns up the high-radioactive waste it generates and, with a bit of creativity, can even have the existing high-level waste fed back into it where that will be burned up too.

Bernie-the-********** -- and the rest of them -- have no place anywhere near the levers of power; he and his cronies (think AOC) will destroy the nation with their "green" bull****, never mind that what they all intend to do with Health Care that will murder both the economy and 50 million diabetic and elderly Americans.

Voting for your own death is idiotic but that's exactly what Bernie Sanders is promising you.  Have at it.

View with responses (opens new window)