Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
Ravencoin RVN About to EXPLODE to NEW HIGHS! Last Chance to Buy Before it goes to the MOON! - 21st Oct 21
Stock Market Animal Spirits Returning - 21st Oct 21
Inflation Advances, and So Does Gold — Except That It Doesn’t - 21st Oct 21
Why A.I. Is About To Trigger The Next Great Medical Breakthrough - 21st Oct 21
Gold Price Slowly Going Nowhere - 20th Oct 21
Shocking Numbers Show Government Crowding Out Real Economy - 20th Oct 21
Crude Oil Is in the Fast Lane, But Where Is It Going? - 20th Oct 21
3 Tech Stocks That Could Change The World - 20th Oct 21
Best AI Tech Stocks ETF and Investment Trusts - 19th Oct 21
Gold Mining Stocks: Will Investors Dump the Laggards? - 19th Oct 21
The Most Exciting Medical Breakthrough Of The Decade? - 19th Oct 21
Prices Rising as New Dangers Point to Hard Assets - 19th Oct 21
It’s not just Copper; GYX indicated cyclical the whole time - 19th Oct 21
Chinese Tech Stocks CCP Paranoia, VIES - Variable Interest Entities - 19th Oct 21
Inflation Peaked Again, Right? - 19th Oct 21
Gold Stocks Bouncing Hard - 19th Oct 21
Stock Market New Intermediate Bottom Forming? - 19th Oct 21
Beware, Gold Bulls — That’s the Beginning of the End - 18th Oct 21
Gold Price Flag Suggests A Big Rally May Start Soon - 18th Oct 21
Inflation Or Deflation – End Result Is Still Depression - 18th Oct 21
A.I. Breakthrough Could Disrupt the $11 Trillion Medical Sector - 18th Oct 21
US Economy and Stock Market Addicted to Deficit Spending - 17th Oct 21
The Gold Price And Inflation - 17th Oct 21
Went Long the Crude Oil? Beware of the Headwinds Ahead… - 17th Oct 21
Watch These Next-gen Cloud Computing Stocks - 17th Oct 21
Overclockers UK Custom Built PC 1 YEAR Use Review Verdict - Does it Still Work? - 16th Oct 21
Altonville Mine Tours Maze at Alton Towers Scarefest 2021 - 16th Oct 21
How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
The Only way to Crush Inflation (not stocks) - 14th Oct 21
Why "Losses Are the Norm" in the Stock Market - 14th Oct 21
Sub Species Castle Maze at Alton Towers Scarefest 2021 - 14th Oct 21
Which Wallet is Best for Storing NFTs? - 14th Oct 21
Ailing UK Pound Has Global Effects - 14th Oct 21
How to Get 6 Years Life Out of Your Overclocked PC System, Optimum GPU, CPU and MB Performance - 13th Oct 21
The Demand Shock of 2022 - 12th Oct 21
4 Reasons Why NFTs Could Be The Future - 12th Oct 21
Crimex Silver: Murder Most Foul - 12th Oct 21
Bitcoin Rockets In Preparation For Liftoff To $100,000 - 12th Oct 21
INTEL Tech Stock to the MOON! INTC 2000 vs 2021 Market Bubble WARNING - 11th Oct 21
AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
Stock Market Wall of Worry Meets NFPs - 11th Oct 21
Stock Market Intermediate Correction Continues - 11th Oct 21
China / US Stock Markets Divergence - 10th Oct 21
Can US Save Taiwan From China? Taiwan Strait Naval Battle - PLA vs 7th Fleet War Game Simulation - 10th Oct 21
Gold Price Outlook: The Inflation Chasm Between Europe and the US - 10th Oct 21
US Real Estate ETFs React To Rising Housing Market Mortgage Interest Rates - 10th Oct 21
US China War over Taiwan Simulation 2021, Invasion Forecast - Who Will Win? - 9th Oct 21
When Will the Fed Taper? - 9th Oct 21
Dancing with Ghouls and Ghosts at Alton Towers Scarefest 2021 - 9th Oct 21
Stock Market FOMO Going into Crash Season - 8th Oct 21
Scan Computers - Custom Build PC 6 Months Later, Reliability, Issues, Quality of Tech Support Review - 8th Oct 21
Gold and Silver: Your Financial Main Battle Tanks - 8th Oct 21
How to handle the “Twin Crises” Evergrande and Debt Ceiling Threatening Stocks - 8th Oct 21
Why a Peak in US Home Prices May Be Approaching - 8th Oct 21
Alton Towers Scarefest is BACK! Post Pandemic Frights Begin, What it's Like to Enter Scarefest 2021 - 8th Oct 21
AJ Bell vs II Interactive Investor - Which Platform is Best for Buying US FAANG Stocks UK Investing - 7th Oct 21
Gold: Evergrande Investors' Savior - 7th Oct 21
Here's What Really Sets Interest Rates (Not Central Banks) - 7th Oct 21

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Global Warming, the Media, and the Impending Catastrophe

Politics / Climate Change Dec 18, 2009 - 01:17 AM GMT

By: Submissions

Politics

Best Financial Markets Analysis ArticleAnn Robertson and Bill Leumer write: Soon, President Barack Obama will travel to Copenhagen with his pathetically inadequate proposal to lower greenhouse gas emissions by 17 percent of 2005 levels by 2020, which in essence will amount to driving off the environmental cliff at 83 miles per hour rather than 100 miles per hour.  This proposal will only place our emissions at 3-4 percent below 1990 levels. 


We know that the planet’s temperature in the 1980s was greater than in the 1970s and that the 1990s was warmer than in the 1980s. The period from 2000 – 2009 is the warmest decade in modern record.  So simply going back to a level slightly below 1990 will mean that global warming will still be on the rise.  In fact, we need to bring an immediate and complete halt to the rise in global warming emissions and then follow this by its steady reduction.

President Obama’s proposal will not forestall the melting of the north polar ice caps, which are already 40 percent gone.  Al Gore predicts they will be entirely gone in 5 to 15 years, if current trends continue. The proposal will not stem the record-breaking flooding in much of the country.  And it will not bring a halt to the millions of trees in the west that are dying, due to drought conditions that are caused by global warming.  We would need to enforce an absolute decrease in the levels of greenhouse gas emissions rather than simply slow their increase in order to adequately address these calamities that are engulfing much of the country, leaving millions of people suffering in their wake.

But why have protests around global warming been so muted in the U.S. while so intense in Europe?  In part, the explanation lies in how the U.S. media has been covering global warming, which has sowed confusion, complacency, and paralysis.

For example, recently CNN spent almost a week focusing on the hacked e-mails from a British scientist’s computer, as if these e-mails seriously cast doubt on the overwhelming evidence that proves, not only the existence of global warming, but the catastrophic results that are already unfolding before our eyes.  Their broadcasts were headlined with questions along the lines of:  Do these e-mails prove global warming is a hoax?  But once CNN let their two so-called experts respond, it was virtually impossible to arrive at any definite conclusion.  But the question itself, which was repeated ad nauseam, was seared into the viewers’ consciousness, leaving them in a perpetual state of doubt.

Even more recently, after a short cold spell, AOL asked on its home page (December 12, 2009):  “Does this mean there’s no global warming?” suggesting that a few days could somehow undermine decades of data.

But the Associated Press with an article by Seth Borenstein, “Be prepared, adapt or die, experts warn” (The San Francisco Chronicle, December 4, 2009), takes the prize for worst coverage.  It begins:

     “With the world losing the battle against global warming so far, experts are warning that humans need to follow nature’s example:  Adapt or die.
     “That means elevating buildings, making taller and stronger dams and seawalls, rerouting water systems, restricting certain developments, changing farming practices and ultimately moving people, plants and animals out of harm’s way.”

The article went on to mention the Adonis blue butterfly of Britain that was threatened with extinction because it could not fly far and global warming was making its habitat unlivable.  But it evolved longer wings, making flight possible.

The various implications of this article, only slightly veiled, are absurd. The article makes global warming seem impossible to stop but something to be accepted fatalistically. It offers “solutions” that are completely untenable, such as moving plants and animals out of harm’s way.  It proposes steps to take that are entirely beyond the scope of single individuals, such as rerouting water systems, elevating buildings, and so on.  And it makes us look for solutions in the direction of what is patently ridiculous, like evolving fins or perhaps 20-foot long legs to cope with rising water levels.

Given this media coverage, one can only marvel that any people in the U.S. are convinced that global warming is a threat and want their government to act aggressively to combat it.

But in the final analysis, behind the media stand powerful corporate interests that lobby intensely against any measures that would seriously attempt to combat global warming.  Automobile industries have fought against fuel efficiency requirements.  Coal industries have tried to convince us of the existence of “clean coal,” which shares the same kind of reality as unicorns and tinkerbell.  Oil companies eagerly anticipate the melting of the north polar ice caps, since vast new oil explorations will be opened up.  And many of these corporations have paid scientists to cast doubt on the existence of global warming.

Capitalism, by promoting greed and self-interest, is once again sacrificing the common good for the profit margins of a small powerful minority as it allows greenhouse emissions to steadily expand.  But this time capitalism is threatening, if not the very existence of humanity, life on this planet as we have known it.

About the Authors: Ann Robertson is a Lecturer at San Francisco State University and a member the California Faculty Association. Bill Leumer is a member of the International Brotherhood of Teamsters, Local 853 (ret.). Both are writers for Workers Action and may be reached at sanfrancisco@workerscompass.org .


© 2005-2019 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


Comments

aron
20 Dec 09, 16:11
Waiting for Godot?

The work to link climate to carbon dioxide began before Elvis made his first album. Can we expect a working model linking the two sometime soon? Not that I'm impatient, it would just be nice to have before strangling the global economy in the name of this fraction of a workable hypothesis. Now, if we're saying the sky is falling because it's an easier storyline to sell than peak cheap oil, that's another matter. That would make sense. (And no, chanting "consensus" is not the same as getting scientists to actually go along with your hypothesis.)


aron
20 Dec 09, 16:22
Evil greed

This always baffles me. Capitalism promotes greed by letting people keep their own property. Marxism is kind and generous and altruistic because you want to get your hands on other peoples' property. I guess I'll need more degrees to plumb the depths of that mystery. The whole message of Marxism is that you too can get your hands on other peoples' property, and deserve to. Of course, it's a sham because in reality the "wealth" is shared by funneling it from the many to the few kleptocrats. (I'm talking about in real life, not, "Wouldn't it be nice if...")

Capitalism is based on individual freedom to choose, and voluntary exchanges of value. Marxism, not so much. Free and voluntary are actively discouraged.


Post Comment

Only logged in users are allowed to post comments. Register/ Log in