Why ‘Global Warming’ Did Not Cause Today’s Economic Disasters—Governments Did
Editor’s Note: Below is part 1 of David Stockman’s article on the “climate crisis” and why governments are the real cause of the current economic issues.
“The Chief of the European Central Bank (ECB) has said that climate change is behind soaring inflation, stating that droughts and famines are driving up prices.
“If more and more climate disasters, droughts, and famines occur throughout the world, there will be repercussions on prices, on insurance premiums, and on the financial sector,” Lagarde said.
“We need to take that into account.”
No, what we actually need to take into account is that the so-called Climate Crisis is complete hogwash, starting with the basics of so-called man-made global warming. The fact is, the present era is one of the coolest and least carbon-intensive periods of the last 600 million years.
Stated differently, the true science makes mincemeat of the elitist narrative espoused by Lagarde, officialdom through Europe and North America and the mainstream media. Yet it is now being used as an excuse for the unfolding economic disasters caused by the central banks and the Warfare State and a pretext for new rounds of authoritarian suppression of economic liberty exemplified by California’s recent move to outlaw combustion engine autos after 2035.
Indeed, the geological and paleontological evidence overwhelmingly says that today’s average global temperature of about 15 degrees C and CO2 concentrations of 420 ppm are nothing to fret about, and even if they rise to about 17-18 degrees C and 500-600 ppms by the end of the century, it may well on balance improve the lot of mankind.
After all, bursts of civilization during the last 10,000 years uniformly occurred during the red portion of the graph below–the river civilizations, the Minoan, the Greco-Roman era, the Medieval flowering and the industrial and technological revolutions of the present era. At the same time, the several lapses into dark ages happened when the climate turned colder (blue area).
And that’s only logical. When its warmer and wetter, growing seasons are longer and crop yields are better—regardless of the agricultural technology and practices of the moment. And it’s better for human and community health, too—most of the deadly plagues of history have occurred under colder climes, such as the Black Death of 1344-1350.
Yet the Climate Crisis Narrative shitcans this massive body of “the science” by means of two deceptive devices that invalidate the entire Anthropogenic Global Warming (AGW) story.
First, it ignores the entirety of the planet’s pre-Holocene (last 10,000 years) history, even though the science shows that more than 50% of the time in the last 600 million years global temperatures were in the range of 25 degrees C or 67% higher than current levels and far beyond anything projected by the most unhinged climate models today. But, crucially, at those temperature peaks planetary climate systems did not go into a doomsday loop of scorching meltdown—warming was always checked and reversed by powerful counter-veiling forces.
Even the history the alarmist do acknowledge has been grotesquely falsified. We are referring to the so-called “hockey stick” of the past 1000 years, which Al Gore made famous in his propaganda flick about global warming, which purports to show that temperatures were flat until 1850 and are now rising to allegedly dangerous levels.
But that’s a complete crock. It was fraudulently manufactured by the IPCC (International Panel on Climate Change) to “cancel” the fact that temperatures in the pre-industrial world of the Medieval Warm Period (1000-1200 AD) were actually higher than at present!
Secondly, it is falsely claimed that global warming is a one-way street in which rising concentrations of greenhouse cases (GHGs) and especially CO2 is causing the earth’s heat balance to con
Article from LewRockwell