Raymond Richman - Jesse Richman - Howard Richman
Richmans' Trade and Taxes Blog
Scientists Deny Man-Made-Climate-Change
The head of the world’s foremost weather science organization, Petteri Taalas, the secretary-general of the World Meteorological Organization (WMO), told the Talouselämä magazine in Finland that he disagrees with doomsday climate extremists who call for radical action to prevent a purported apocalypse. Talaas said that establishment meteorological scientists are under increasing assault from radical climate alarmists who are attempting to move the mainstream scientific community in a radical direction. “Climate experts have been attacked by these people and they claim that we should be much more radical. They are doomsters and extremists. They make threats,” Taalas said.
The WMO is one of the two organizations that founded the Intergovernmental Panel on Climate Change (IPCC) in 1988. Since being formed, the IPCC has become the leading institution worldwide to promote the theory that human activity contributes to global warming. Talaas pointed out that climate extremists are selectively picking out facts from the IPCC reports to fit their narrative. The vast majority of the climate models the IPCC uses as the basis for its predictions have incorrectly forecast higher temperatures repeatedly. According to an analysis by the Cato Institute, 105 of the 108 models predicted a higher surface temperature for the period between 1998 and 2014 than the temperature actually recorded. The IPCC has previously admitted that climate models cannot be used to accurately predict long-term changes in the climate.
Talaas’s comments were sent to a list of 5,000 media contacts, but none have picked up the story according to Benny Peiser, the director of the Global Warming Policy Foundation in London. Peiser said. “He talks about a religious cult. He talks about people being extremists and doomsters. It’s quite staggering. The language that he uses and the signal that he’s sending out is ‘We are afraid of these extremists. They are destroying our society.”
A new study conducted by a Finnish research team has found little evidence to support the idea of man-made climate change. The results of the study were soon corroborated by researchers in Japan. ...
Trump's tariffs are keeping the US out of a recession
By Howard Richman, Jesse Richman and Raymond Richman
The rest of the world is experiencing an economic slowdown. The graph below shows the world's 12 largest economies. According to statistics for the most recent economic quarter, the only two currently growing faster than a 1% annual rate are the United States and China. And the United States grew faster than China.
The United States is currently experiencing the longest economic expansion in American history, and Federal Reserve chairman Jerome Powell expects that expansion to continue. In Zurich on Friday, he began a speech by stating:
Click here to read the post on the American Thinker website.
Trump's Tariffs helping keep US out of a Recession
The rest of the world is experiencing an economic slowdown. The graph below shows the world’s 12 largest economies. According to statistics for the most recent economic quarter, the only two whose economies are growing faster than a 1% annual rate are the United States and China.
UK is not the only country that may have already entered a recession, usually defined as two consecutive economic quarters with negative growth. The Euro Area as a whole is growing at a miniscule 0.2%, and Germany, usually the Euro Area leader, shrank by 0.1% in the most recent quarter.
The United States is currently experiencing the longest period of economic expansion in our history, and there is no end in sight. On Friday, Federal Reserve Chairman Powell announced:...
Climatology's startling error
Lord Monckton and his team of scientists have found an error in the feedback calculations of former NASA administrator and climate change alarmist James Hanson. Monckton's calculations are based upon the standard equation of control theory, while Hansen's were based upon an overly-simplified version of that equation. Moroever, Monckton's equation allows the feedback factor to be calculated mathematically, without need for a model.
Monckton's team found that a doubling of carbon dioxide increases earth temperature by precisely 1.15 degree Celsius, not the 3.35 to 4.5 degrees claimed by global warming alarmists. When carbon dioxide in the atmosphere doubles over the next 150 years, the Earth's temperature will only go up by 1.15 degree Celsius, other things being equal. Such a small rise in temperature, when combined with the positive effect that carbon dioxide has upon plant life, will be beneficial for mankind.
Here's a YouTube video showing an interview with him which I borrowed it from this blog posting:
Journal of Economic Literature:
Atlantic Economic Journal: