By Investing Contrarian

Published: November 23, 2009

This is damning stuff!!!!

We at Investing Contrarian will proudly try to propagate the TRUTH and so should each and every reader who comes across. Let the world know what US authorities and the banking elites are up to.
We always knew the fraud around climate and global warming was facade to rule in some of the weaker nations but we were running short of evidence. Here it is then to the hacker who got in to The University of East Anglia’s Climatic Research Unit (CRU).

Wake up guys and propagate the article everywhere. Twitter, Facebook, email, political forums.

Let us accept that global warming is the greatest facade which US politicians are trying to pull off. Have you ever heard politicians actually trying to achieve something useful for the world? None right?

Link to the files: Rapidshare
here are many things to love about these e-mails. For example, the word “funded” appears roughly 66 times over there. Stepan Shiyatov instructs his colleagues about the optimal ways to commit tax evasion:

… That is why it is important for us to get money from additional sources, in particular from the ADVANCE and INTAS ones. Also, it is important for us if you can transfer the ADVANCE money on the personal accounts which we gave you earlier and the sum for one occasion transfer (for example, during one day) will not be more than 10,000 USD. Only in this case we can avoid big taxes and use money for our work as much as possible. Please, inform us what kind of documents and financial reports we must represent you and your administration for these money….

You need a lot of patience to go through all of it. Let me summarize a few of the emails:

From: Phil Jones
To: ray bradley ,mann@xxxxxxx.edu, mhughes@xxxxx.edu
Subject: Diagram for WMO Statement
Date: Tue, 16 Nov 1999 13:31:15 +0000
Cc: k.briffa@uxxxxx.uk,t.osborn@uxxxx.uk

Dear Ray, Mike and Malcolm,
Once Tim’s got a diagram here we’ll send that either later today or first thing tomorrow. I’ve just completed Mike’s Nature trick of adding in the real temps to each series for the last 20 years (ie from 1981 onwards) amd from 1961 for Keith’s to hide the decline. Mike’s series got the annual land and marine values while the other two got April-Sept for NH land N of 20N. The latter two are real for 1999, while the estimate for 1999 for NH combined is +0.44C wrt 61-90. The Global estimate for 1999 with data through Oct is +0.35C cf. 0.57 for 1998. Thanks for the comments, Ray.

Cheers
Phil

Prof. Phil Jones
Climatic Research Unit Telephone +44 (0) 1603 592090
School of Environmental Sciences Fax +44 (0) 1603 507784
University of East Anglia
Norwich Email p.jones@uxxxxx.uk
NR4 7TJ
UK

When we talk about tricks, this message is even more entertaining by its honesty and chosen vocabulary:

From: Gary Funkhouser
To: k.briffa@uxxxx.uk
Subject: kyrgyzstan and siberian data
Date: Thu, 19 Sep 1996 15:37:09 -0700

Keith,

Thanks for your consideration. Once I get a draft of the central and southern siberian data and talk to Stepan and Eugene I’ll send it to you.

I really wish I could be more positive about the Kyrgyzstan material, but I swear I pulled every trick out of my sleeve trying to milk something out of that. It was pretty funny though – I told Malcolm what you said about my possibly being too Graybill-like in evaluating the response functions – he laughed and said that’s what he thought at first also. The data’s tempting but there’s too much variation even within stands. I don’t think it’d be productive to try and juggle the chronology statistics any more than I already have – they just are what they are (that does sound Graybillian). I think I’ll have to look for an option where I can let this little story go as it is.

Not having seen the sites I can only speculate, but I’d be optimistic if someone could get back there and spend more time collecting samples, particularly at the upper elevations.

Yeah, I doubt I’ll be over your way anytime soon. Too bad, I’d like to get together with you and Ed for a beer or two. Probably someday though.

Cheers, Gary
Gary Funkhouser
Lab. of Tree-Ring Research
The University of Arizona
Tucson, Arizona 85721 USA
phone: (520) 621-2946
fax: (520) 621-8229
e-mail: gary@xxxxxx.edu

There are a lot of emails to sort through.

When the news broke out, some thought this was fake. But it was confirmed to be real by hadley.
Hadley CRU says leaked data is real

The director of Britain’s leading Climate Research Unit, Phil Jones, has told Investigate magazine’s TGIF Edition tonight that his organization has been hacked, and the data flying all over the internet appears to be genuine.

In an exclusive interview, Jones told TGIF, “It was a hacker. We were aware of this about three or four days ago that someone had hacked into our system and taken and copied loads of data files and emails.”

“Have you alerted police?”

“Not yet. We were not aware of what had been taken.”

Jones says he was first tipped off to the security breach by colleagues at the website RealClimate.

Do we call in the cops?

Yes, someone ought to alert the police and have Phil Jones and everyone else involved in this fraud arrested.

This whole thing with tree rings is pretty fascinating. There was a reference in the emails to this site: Ross McKitrick: Defects in key climate data are uncovered.

Only by playing with data can scientists come up with the infamous ‘hockey stick’ graph of global warming

Beginning in 2003, I worked with Stephen McIntyre to replicate a famous result in paleoclimatology known as the Hockey Stick graph. Developed by a U.S. climatologist named Michael Mann, it was a statistical compilation of tree ring data supposedly proving that air temperatures had been stable for 900 years, then soared off the charts in the 20th century. Prior to the publication of the Hockey Stick, scientists had held that the medieval-era was warmer than the present, making the scale of 20th century global warming seem relatively unimportant. The dramatic revision to this view occasioned by the Hockey Stick’s publication made it the poster child of the global warming movement. It was featured prominently in a 2001 report of the U.N. Intergovernmental Panel on Climate Change (IPCC), as well as government websites and countless review reports.

Steve and I showed that the mathematics behind the Mann Hockey Stick were badly flawed, such that its shape was determined by suspect bristlecone tree ring data. Controversies quickly piled up: Two expert panels involving the U.S. National Academy of Sciences were asked to investigate, the U.S. Congress held a hearing, and the media followed the story around the world.

The expert reports upheld all of our criticisms of the Mann Hockey Stick, both of the mathematics and of its reliance on flawed bristlecone pine data. …

Thus the key ingredient in most of the studies that have been invoked to support the Hockey Stick, namely the Briffa Yamal series, depends on the influence of a woefully thin subsample of trees and the exclusion of readily-available data for the same area. Whatever is going on here, it is not science.

I have been probing the arguments for global warming for well over a decade. In collaboration with a lot of excellent coauthors I have consistently found that when the layers get peeled back, what lies at the core is either flawed, misleading or simply non-existent.

Ross McKitrick is a professor of environmental economics at the University of Guelph, and coauthor of Taken By Storm: The Troubled Science, Policy and Politics of Global Warming.

That article is a fascinating read in and of itself, implicating U.S. climatologist Michael Mann.

Having gone through the overwhelming amount of letter and data, I am now starting to believe if this was the work of some insider who was trying to blow the whistles. Either ways it does not matter. The Truth is out.

What was once the central political battleground for addressing global warming in the United States may be making a comeback.

While President Obama and Democratic leaders on Capitol Hill continue to focus on legislation covering greenhouse gas emissions across broad sections of the U.S. economy, a small bipartisan faction of Senate moderates is examining the idea of passing a bill that deals only with the heat-trapping emissions from power plants.

“A power plant-only cap and trade could be doable on the Hill,” Mark Helmke, a senior aide to Foreign Relations Committee ranking member Richard Lugar (R-Ind.), said today.

Senate Democratic and Republican staffers are studying a package that combines a mandatory limit on power plant emissions with separate programs outside of the cap-and-trade program aimed at cutting greenhouse gases from other sectors of the economy. “It’d be done with efficiency standards for buildings and stronger CAFE [corporate average fuel economy] standards for transport,” Helmke said.

Continue reading at NY Times by clicking here.

Nov. 18 (Bloomberg) — The U.S. Senate won’t try to pass a bill limiting U.S. greenhouse-gas emissions for months, clouding the prospects for final legislation as the Obama administration focuses on health care and the economy.

“We’re going to try to do that sometime in the spring,” Senate Majority Leader Harry Reid, a Nevada Democrat, said of climate-change legislation in remarks to reporters yesterday. He didn’t cite a reason for the delay.

Continue reading at Bloomberg by clicking here.

Goldman Sachs, JP Morgan, Morgan Stanley, Citigroup and the other Wall Street speculators are frontrunning the  carbon trade.

Since these firms contributed so heavily to Obama’s campaign, they will exert enormous pressure on Obama to push a huge carbon trading program. As University of Maryland professor economics professor and former Chief Economist at the U.S. International Trade Commission Peter Morici writes:

Obama must ensure that the banks use the trillions of dollars in federal bailout assistance to renegotiate mortgages and make new loans to worthy homebuyers and businesses. Obama must make certain that banks do not continue to squander federal largess by padding executive bonuses, acquiring other banks and pursuing new high-return, high-risk lines of businesses in merger activity, carbon trading and complex derivatives. Industry leaders like Citigroup have announced plans to move in those directions. Many of these bankers enjoyed influence in and contributed generously to the Obama campaign. Now it remains to be seen if a President Obama can stand up to these same bankers and persuade or compel them to act responsibly.

The same companies that made billions off of derivatives and other scams and are now getting bailed out on your dime are going to make billions from carbon trading.

More to come later on what each bank is buying into.

Interactive map shows the predicted effects of Cap and Trade on gas prices. This is awesome!!!

Click here for Interactive Map!

Cap and Trade Legislation would likely cut manufacturing jobs by up to 23%. Over 3 million manufacturing jobs will likely be lost.

View the graphs below.

Manufacturing Job Loss Chart

State by State Break Down of Who Has the Greatest Amount of Manufacturing Jobs To Lose.

Testimony before
The Energy and Commerce Committee
U.S House of Representatives

April 22, 2009

My name is David Kreutzer. I am the Senior Policy Analyst in Energy Economics and Climate Change at The Heritage Foundation. The views I express in this testimony are my own, and should not be construed as representing any official position of The Heritage Foundation.

I want to thank the members of the Energy and Commerce Committee for this opportunity to address you concerning the economic impacts of cap-and-trade policies.

What Is the Problem with Carbon Dioxide (CO2)?

Carbon dioxide is not a toxin, is not directly harmful to human health, and is not projected to become so–even without legislative or regulatory action. CO2 is fundamental to all known forms of life. Indeed, studies show that increased CO2 levels are beneficial for crop production.

Nevertheless, driven by concern that increasing levels of CO2 (and other greenhouse gasses) will lead to a warmer world and cause environmental damage, there have been calls to significantly restrict emissions of all greenhouse gasses, but especially CO2. Among the proposals to reduce CO2 levels are carbon taxes and cap and trade.

The Costs

The typical cap-and-trade proposal seeks to reduce CO2 emissions by 60 percent to 80 percent by 2050 where the comparison year is usually 2005. The Center for Data Analysis at The Heritage Foundation did an analysis of the costs of meeting the goals of the Lieberman-Warner bill, S. 2191, last spring. The report on this analysis is attached.

Our analytical models are not suited to making projections beyond 2030. Nevertheless, the economic impacts of this cap-and-trade program in just the first two decades were extraordinary. The estimated aggregate losses to Gross Domestic Product (GDP), adjusted for inflation, are $4.8 trillion. By 2029 the job losses in the manufacturing sector will be nearly 3 million. This is over and above the nearly one million manufacturing job losses that most economists predict will occur even in the absence of global-warming legislation.

The manufacturing job losses are shown in an attached chart taken from a study of an EPA mandated 70 percent cut in CO2. Also attached is a map showing the relative importance of manufacturing to a state’s economy.

Some of the workers forced out of manufacturing will find employment in the service sector, but overall, the economy loses jobs. In some years, this overall job loss exceeds 800,000.

Note: Current law already has many provisions for curtailing CO2 emissions. They range from local renewable-portfolio mandates to increased nationwide Corporate Average Fuel Economy (CAFE) standards to subsidies for ethanol production. While the reductions in CO2 emissions are included for the purposes of meeting the emissions targets, the considerable cost of these programs is not included in our analysis. This is because the costs are attributable to existing legislation and will occur even without additional laws or regulations. Of course, if they were included, job and GDP loss totals would be even higher.

Why Is It So Costly?

Eighty-five percent of our energy use today is based on CO2-emitting fossil fuels. The ability to switch to non-CO2-emitting energy sources over the next 20 years is limited and expensive. Therefore, significant cuts in CO2 emissions require significant cuts in energy use. The energy cuts, in turn, reduce economic activity, shrink GDP, and destroy jobs.

The cap-and-trade schemes, as well as more straight-forward carbon taxes, limit emissions by making energy sufficiently more expensive that they cut their energy use. In addition to the direct impact on consumers’ budgets for electricity, gasoline, heating oil, and natural gas, these higher energy costs force cutbacks on the production side of the economy and lead to lower output, employment, and income.

It is important to note that these losses occur after consumers, workers, and businesses have adjusted as well as they can to the higher energy costs. After adjusting for inflation, household energy prices will rise 29 percent above the business as usual prices, even though consumers will have switched to smaller cars, moved into more energy efficient houses, and made greater use of public transit. The lost comfort, convenience, and satisfaction of making these changes are not included in our calculation of economic impacts, though the costs would be very real.

Green Stimulus?

Production drops even though firms will have adopted more energy efficient technologies and processes. To reiterate, the trillions of dollars of lost GDP and the hundreds of thousands of lost jobs occur even after homes and businesses have made the switch to greener methods. The hoped-for green-job gain is a mirage.

Attached is a copy of a page from a 1945 issue of Mechanix Illustrated. It shows a cyclist pedaling a jerry-built generator to power hair dryers in a Parisian beauty salon. Though not the sort of green job that is currently talked about, this human-powered generator illustrates why costly energy policies are not a stimulus.

A person on a bicycle generator would do very well to average 150 watts of output during a day. At this level, a modern-day cyclist/generator could produce electricity worth 10-15 cents per day at retail prices. With sufficient subsidies, people could be induced to power such generators and the proponents could then point to the “green” jobs that have been “created.” What is not seen is the value of the cyclists’ forgone output elsewhere. Even at minimum wage, the value of the labor is $52.40 per day. So each human-powered generator would shrink the economy by over $50 per day. This is not an economic stimulus.

Alternative energy schemes that require subsidies or that require protection from competing with conventional sources of power cannot be economic stimuli–their output is worth less than their inputs. An industry whose inputs cost more than its output is making the economy smaller and will necessarily reduce overall income.

The Tax

Implementing a cap-and-trade program to cut emissions by 70 percent creates a transfer within the United States that is equivalent to taxes on the order of $250 billion to $300 billion per year, just for the years 2012 to 2030. The combined transfer is about $5 trillion in just the first 20 years. This takes the purchasing power from the households and turns it over to the federal government or to whomever the government assigns the rights to the permits for emissions (allowances). This would be one of the largest taxes in the economy–almost twice as large as the highway use taxes.

Because the transfer, in this case, is similar in magnitude to the lost GDP, we need to be clear on the distinction. A cap-and-trade program with an emissions reduction profile similar to that of last year’s Lieberman-Warner bill, will cause an aggregate $5 trillion of transfers after it destroys $4.8 trillion of national income (GDP).

In colloquial terms, the pie gets smaller by nearly $5 trillion and then a $5 trillion piece is cut out and redistributed.

Back-Door Protectionism

Cap-and-trade programs frequently include provisions to protect domestic industries from competition with firms in countries that have not adopted similarly costly mechanisms for reducing CO2. While the intent is certainly understandable, the provisions create the possibility of a protectionist wolf in global-warming clothes.

Putting these protectionist policies into operation is a bureaucratic nightmare. Every product from every country will need to be judged to determine the level of advantage it may have due to different carbon-cutting regimes. Since different countries can have different approaches and since different manufacturers can use different technologies and processes, assigning an offsetting CO2 tariff will necessarily involve arbitrary decisions. The potential for a trade war is very real.

The Gain

Analysis by the Environmental Protection Agency (EPA) shows that a 60 percent reduction in CO2 emissions by 2050 will reduce CO2 concentrations by only 25 ppm in 2095. This reduction would affect world temperatures by 0.1 to 0.2 degrees C. In other words, it makes virtually no difference.

Conclusion

The Center for Data Analysis at The Heritage Foundation analyzed a proposal to cut CO2 emissions by 70 percent. Such a cut would have little impact on global temperatures. At best, the trade-off is trillions of dollars in lost income and hundreds of thousands of lost jobs versus a fraction of a degree change in average world temperature 85 years from now.

Testimony courtesy of Zerohedge.

• Livestock
• Farm organizations & cooperatives
• Oil & Gas
• Mining
• Republican/Conservative Party
• Consumer groups
• Fiscal & tax policy
• Labor, anti-union
• Environmental policy

Top recipients for ALL opposing interest groups

Organizations Opposing Cap and Trade Legislation

• American Farm Bureau Federation
• Greenpeace
• Rainforest Action Network
• Public Citizen
• International Rivers
• Friends of the Earth
• National Mining Association
• American Petroleum Institute
• Alliance for Worker Freedom
• American Conservative Union
• American Shareholders Association
• Americans for Tax Reform
• National Taxpayers Union
• Ethan Allen Institute
• College Republican National Committee
• National Pork Producers Council