March 7, 2013 0

In Praise of Theft and Fraud (But Not Deceit)

By News Desk

For a look at "hockey stick inflation" please consider Is Inflation the Legacy of the Federal Reserve? Wolf : If the BoJ sought to return to the level of nominal GDP implied by 3 per cent annual growth from 1997, it would be committing itself to annual increase of close to 9 per cent a year over the next decade. That could surely reduce the real burden of debt! Mish : Wolf is disingenuous.

March 7, 2013 0

Add lead-bullet poisoning denialism to the crank magnetism list

By News Desk

This one was new to me : Fresh off a wave of success in the state Capitol last year, animal welfare groups are taking aim at a new target this year: hunting with lead ammunition. The Humane Society, Audubon California and Defenders of Wildlife are behind a major push to make California the first state to ban lead ammunition for all types of hunting…. ….environmentalists say a statewide ban is needed because overwhelming scientific evidence shows condors, bald eagles and other birds are still dying from lead poisoning when they eat dead deer and other animals shot by hunters….  “These people want to ban hunting

March 7, 2013 0

The Blog of the New Sun

By News Desk

While no one was looking the sun has gone cold, more precisely the sun gods have decreased total solar irradiation by about 4 W/m 2 to 1360.8 + 0.5 W/m 2 from 1365.4 + 1.3 W/m 2 ERB is the Earth Radiation Budget instrument, ACRIM is the Active Cavity Radiometer Irradiation Monitor, SORCE is the Solar Radiation and Climate Experiment carrying the TIM, Total Irradiation Monitor.  The rest is left to the industrious reader. What happened was that apertures in earlier instruments were not properly chosen, allowing excess light to be scattered into the sensor (right side of the figure below) resulting in higher TSI being measured.  The magnitude of the effect was determined in a purpose built testing facility at LASP.  The error is not without consequences As Kopp and Lean point out, A nonzero average global net radiation at the top of the atmosphere is indicative of Earth’s thermal disequilibrium imposed by climate forcing. But whereas the current planetary imbalance is nominally 0.85 W/m 2 [Hansen et al., 2005], estimates of this quantity from space‐based measurements range from 3 to 7 W/m 2 SORCE/TIM’s lower TSI value reduces this discrepancy by 1 W/m 2 [Loeb et al., 2009].

March 6, 2013 0

Eurozone Downturn Accelerates Despite German Growth; Divergence to France Widest in 15 Years

By News Desk

The Markit Eurozone Composite PMI Final Data shows the Eurozone downturn accelerates . Key Points: Final Eurozone Composite Output Index: 47.9 (Flash 47.3, January 48.6) Final Eurozone Services Business Activity Index: 47.9 (Flash 47.3, January 48.6) At 47.9 in February, the Markit Eurozone PMI® Composite Output Index came in above the earlier flash estimate of 47.3 but remained down on January’s reading of 48.6. The index therefore signalled a steepening of the downturn in business activity, contrasting with the easing trend which had been evident in the three months to January

March 6, 2013 0

The expert exception to consensus reliance

By News Desk

I’ve really enjoyed Chris Mooney’s Point of Inquiry podcasts, so it’s too bad the latest one with pro-GMO activist Mark Lynas failed to wrestle significantly with real arguments about GMOs  (Chris, you talk about GMOs too much to say you don’t want to delve into technical issues). One interesting issue did come out of the podcast – at one point Lynas says the Union of Concerned Scientists’ rejection of the National Academy of Sciences position on GMOs is a contradiction of UCS arguments that we should rely on the consensus opinion on climate change