New NASA Data Blow Gaping Hole In Global Warming Alarmism

Forbes Magazine reports New NASA Data Blow Gaping Hole In Global Warming Alarmism

NASA satellite data from the years 2000 through 2011 show the Earth's atmosphere is allowing far more heat to be released into space than alarmist computer models have predicted, reports a new study in the peer-reviewed science journal Remote Sensing.

In short, the central premise of alarmist global warming theory is that carbon dioxide emissions should be directly and indirectly trapping a certain amount of heat in the earth's atmosphere and preventing it from escaping into space. Real-world measurements, however, show far less heat is being trapped in the earth's atmosphere than the alarmist computer models predict, and far more heat is escaping into space than the alarmist computer models predict.

Will this stop the global-warming fear-mongers? Of course not. Worse yet, even if global warming was a genuine threat, the cap-and-trade measures proposed as solutions are downright idiotic.

Who Pays for Cap and Trade

Cap and trade is a tax, and a scheme to redistribute income and wealth. Obama was depending on vast new carbon revenues in his budget. Politicians love cap and trade because they can claim to be taxing "polluters," not workers. Hardly. Once the government creates a scarce new commodity -- in this case the right to emit carbon -- and then mandates that businesses buy it, the costs would inevitably be passed on to all consumers in the form of higher prices.

Global Warming is based on a hoax. Yet governments spend nearly $60 billion globally on such nonsense every year. The Money flows to those bound to a set of predetermined answers that are ;

1. Global Warming exists, and is a substantial problem.

2. And there is Something "we" the taxpayers can do about it.

Fortunately cap-and-trade died in the US senate. Unfortunately, no amount of research is likely to stop GE and other beneficiaries as well a fools led by Al Gore from pushing the idea.