"It doesn't matter how beautiful your theory is, it doesn't matter how smart you are. If it doesn't agree with experiment, it's wrong." Richard P. Feynman

Thursday, August 4, 2011

US Climate Science Credibility Problem Undermines Carbon Tax Model

The latest Rassmussen report on US attitudes to Global Warming says that 69% are inclined to believe that climate data has been fudged, which means that the chances of the US doing anything remotely like our idiotic carbon tax in the near future is zero. Global warming among Obama and other likely US Presidential candidates is now the policy-that-can-not-be-named and those  like Gingrich who have actually named it are claiming it is all some sort of a misunderstanding and it wasn't really him sitting next to Nancy Pelosi.
The Australian Treasury's modelling for the carbon tax assumes that the biggest emitters of US along with China and India will get on board with the carbon dioxide scam , an assumption that anyone with a higher IQ than a houseplant can see isn't going to happen.

THE one thing you need to know about Treasury's modelling of the carbon tax is this: it assumes that by 2016, the US and all the other developed economies that do not have carbon taxes or emissions trading systems in place will have them up and running.
This implies that in next year's US presidential election, likely to be fought at a time of high unemployment, the winning candidate will campaign on the basis of introducing a carbon tax that will go from zero to $30 a tonne in a matter of months. And that tax will then not only get through Congress but in record time.
Moreover, that feat accomplished, by 2021 China will sign up too, and with 14 per cent of the world's population and barely 20 per cent of world income, will agree to shoulder 34 to 35 per cent of the costs of global mitigation. As part of that deal, China's leadership will accept a fall in national living standards, relative to business as usual, of between 5 and 10 per cent, while per capita incomes in the far wealthier US and European Union decline by a fraction of that amount. And with China on board, the rest of the world will join the party.

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