The global climate change industry is worth an annual $1.5 trillion, according to Climate Change Business Journal. That’s the equivalent of $4 billion a day spent on vital stuff like carbon trading, biofuels, and wind turbines. Or — as Jo Nova notes — it’s the same amount the world spends every year on online shopping.
Yet it’s all on the false premise that ‘models matter’. Dr Vincent Gray has proved otherwise. Validation matters:
Guest Opinion: Dr. Tim Ball Early Awareness Vincent Gray, M.A., Ph.D. is one of the most effective critics of the Intergovernmental Panel on Climate Change (IPCC) through his NZ Climate Truth Newsletter and other publications. He prefaces comments to the New Zealand Climate Science Coalition as follows. As an Expert Reviewer for the Intergovernmental Panel…
Read it all, but this money quote tells the tale. Dr Gray:
· No model has ever successfully predicted any future climate sequence. Despite this, future “projections” for as far ahead as several hundred years have been presented by the IPCC as plausible future trends, based on largely distorted “storylines”, combined with untested models.
· The IPCC have provided a wealth of scientific information on the climate, but have not established a case that increases in carbon dioxide are causing any harmful effects.