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Apr 21, 2009

We Can't Stop Carbon Emissions

From Peter Huber's book Bound to Burn
04/21/09 - ChicagoBoyz by Jonathan

[edited] We rich people can't make a lasting dent in emissions. We don't control the global supply of carbon.

We can't stop 5 billion poor people from burning the couple of trillion tons of cheap carbon that they have within easy reach. The 80% of humanity in the developing world desperately need cheap energy, and that will drive global carbon emissions. If we are foolish enough, we can impose carbon controls on ourselves that will send jobs and industries to their shores, making them grow even faster, and their carbon emissions faster still.

Ten countries ruled by nasty people control 80% of the planet's oil reserves, about 1 trillion barrels worth about $40 trillion. They can lift most of their oil for a cost under $10 a barrel. They will drill, pump, and find buyers. Oil is all they have.

The bad news is that we will have to adapt, if human production of CO2 is a problem. We won't be able to stop it. The good news is that CO2 is not a problem in the first place.

Dispelling the Global Warming Myth
The atmosphere warms and cools because of solar output, not carbon dioxide.

The Global Warming Hockey Stick Hoax
The data and computer models in support of global warming are poorly constructed and don't predict anything.

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