Daily Archives: February 11, 2019

Here’s a Useful Visual Illustration

American Elephants

This graph represents our energy resources in 2006. There’s been a lot of fracking since then, and a lot more discoveries, so it would probably be different today, but not all that much. It is, however, a good visual to illustrate the utter absurdity of Ms. Ocasio-Cortez’s assumptions about eliminating fossil fuels and replacing them with “renewables.” Eliminate the Nuclear energy, the Natural Gas., the Petroleum,  and Coal. Ignore the Hydro because that will not grow — and O-C assumes that tiny pink 2.4% can not only power our industrial society, but also all the high-speed rail she has in mind to replace all the automobiles and airplanes she plans to eliminate.

Lots of worried talk about the “greenhouse gasses” in the atmosphere, but the primary “greenhouse gas” is water vapor – clouds. The carbon dioxide is the same stuff we exhale –a natural fertilizer for plants. The slight rise…

View original post 17 more words

Advertisements

The Temperature and the True Believers

American Elephants

This graph was published on January 2nd, 2019 by Roy W. Spencer PhD. Dr. Spencer runs the satellite program that measures worldwide temperatures, with Dr. John Christy at the University of Alabama at Huntsville.  It’s the closest we can get to an official global temperature.


The 2018 globally averaged temperature anomaly, adjusted for the number of days in each month, is +0.23 deg. C, making 2018 the 6th warmest year in the now-40 year satellite record of global lower tropospheric temperature variations. The 2018 globally averaged temperature anomaly, adjusted for the number of days in each month, is +0.23 deg. C, making 2018 the 6th warmest year in the now-40 year satellite record of global lower tropospheric temperature variations.

To clarify, that’s 25 100ths of one degree, and 23 100ths of one degree. Run for the hills!

Temperatures didn’t use to be such a big deal. There were certain vocations where people…

View original post 281 more words

How much equity do banks voluntarily choose?

croaking cassandra

The Reserve Bank Governor is proposing that banks should have to fund a much larger share of their balance sheet with equity rather than debt.  So weak is our system that one unelected person –  on this occasion, one without much specialist expertise – can, more less on a whim, compel bank shareholders to either put billions of dollars more into their businesses, or to markedly downsize those businesses (most probably some combination of the two).    So long as the Governor jumps through the right procedural hoops, there are no appeals, and there is little formal public accountability.     Perhaps political pressure will mount on the Bank?  In these circumstances, one can only hope so.

Today I wanted to focus on a couple of strands in the arguments often used by academics and regulators to support the case for higher minimum capital requirements.   (Upfront I should say…

View original post 2,432 more words

Bret Weinstein and Heather Heying on sex, lies, and ideology

Why Evolution Is True

Here we have Bret Weinstein and Heather Heying, a couple who were both biology professors at The Evergreen State College (TESC) but were driven out of that place by Authoritarian Leftists whose actions, among the students, bordered on thuggery. Since then they’ve been academic nomads, but have made several videos and podcasts about their experiences and about biology.

Here both Bret and Heather discuss a number of topics, most prominent the touchy issue of sex and gender. The discussion is good and well worth 26 minutes of your time, as it shows how you can be a progressive without having to distort biology or truckle to Blank Slateist ideologues.

The YouTube notes:

In this conversation with Rebel Wisdom’s David Fuller they explain how their experience at Evergreen has influenced their discussions of sex and gender. Heather and Bret will be appearing at the first ‘Rebel Wisdom Summit’ on May 12…

View original post 885 more words