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	<title>Comments on: I&#8217;m a climate currency leakage sceptic</title>
	<atom:link href="http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/</link>
	<description>now with extra source</description>
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		<title>By: Julius</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43331</link>
		<dc:creator>Julius</dc:creator>
		<pubDate>Wed, 28 Oct 2009 08:05:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43331</guid>
		<description>@ JOHN BENNETTS
As my reference to &quot;creative destruction&quot; would have indicated I don&#039;t have much enthusiasm for easing the mortal pains of out of date businesses with my money even as taxpayer but I don&#039;t like sloppiness like Andrew Lewis&#039;s contribution either.  

I have paid little attention to what deals are being made to ensure that the CPRS is total hypocritical humbug and c*ap as, even if the scientific foundations are sound, almost everything else is wrong or sub-optimal.  But what about the compensation for the lower income earners - all ten times as rich as most of the people I see on my annual visits to a Third World country?

They are nearly all voters and responsible as citizens who did or did not take any part in civil society or political life for what our country has done to exacerbate or not counter AGW.  Why should they [we] not pay for our collective failure and, at the same time, be given an incentive to reduce CO2 emissions?</description>
		<content:encoded><![CDATA[<p>@ JOHN BENNETTS<br />
As my reference to &#8220;creative destruction&#8221; would have indicated I don&#8217;t have much enthusiasm for easing the mortal pains of out of date businesses with my money even as taxpayer but I don&#8217;t like sloppiness like Andrew Lewis&#8217;s contribution either.  </p>
<p>I have paid little attention to what deals are being made to ensure that the CPRS is total hypocritical humbug and c*ap as, even if the scientific foundations are sound, almost everything else is wrong or sub-optimal.  But what about the compensation for the lower income earners - all ten times as rich as most of the people I see on my annual visits to a Third World country?</p>
<p>They are nearly all voters and responsible as citizens who did or did not take any part in civil society or political life for what our country has done to exacerbate or not counter AGW.  Why should they [we] not pay for our collective failure and, at the same time, be given an incentive to reduce CO2 emissions?</p>
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		<title>By: meski</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43235</link>
		<dc:creator>meski</dc:creator>
		<pubDate>Wed, 28 Oct 2009 02:50:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43235</guid>
		<description>Oh yeah.  My excuse is http://xkcd.com/303/</description>
		<content:encoded><![CDATA[<p>Oh yeah.  My excuse is <a href="http://xkcd.com/303/" rel="nofollow">http://xkcd.com/303/</a></p>
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		<title>By: John Bennetts</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43214</link>
		<dc:creator>John Bennetts</dc:creator>
		<pubDate>Wed, 28 Oct 2009 02:03:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43214</guid>
		<description>Pot and kettle?  Mate, I am semi-retired.  Done my bit for the workforce and now average a couple of days per week.

I was assuming that my target was still adolescent, if not absolutely infantile, like some of his contribution.</description>
		<content:encoded><![CDATA[<p>Pot and kettle?  Mate, I am semi-retired.  Done my bit for the workforce and now average a couple of days per week.</p>
<p>I was assuming that my target was still adolescent, if not absolutely infantile, like some of his contribution.</p>
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		<title>By: meski</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43200</link>
		<dc:creator>meski</dc:creator>
		<pubDate>Tue, 27 Oct 2009 22:32:16 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43200</guid>
		<description>@John Bennetts:  If I look I can find posts from you between 9-5, so this is a case of the pot calling the kettle black.</description>
		<content:encoded><![CDATA[<p>@John Bennetts:  If I look I can find posts from you between 9-5, so this is a case of the pot calling the kettle black.</p>
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		<title>By: JamesK</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43195</link>
		<dc:creator>JamesK</dc:creator>
		<pubDate>Tue, 27 Oct 2009 21:38:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43195</guid>
		<description>What....Horse Pollution Reduction Credits or the infamous Horse Feed Tax ?</description>
		<content:encoded><![CDATA[<p>What&#8230;.Horse Pollution Reduction Credits or the infamous Horse Feed Tax ?</p>
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		<title>By: Evan Beaver</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43194</link>
		<dc:creator>Evan Beaver</dc:creator>
		<pubDate>Tue, 27 Oct 2009 20:41:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43194</guid>
		<description>JamesK, did that really happen? or are you just stirring the pot?</description>
		<content:encoded><![CDATA[<p>JamesK, did that really happen? or are you just stirring the pot?</p>
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		<title>By: JamesK</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43176</link>
		<dc:creator>JamesK</dc:creator>
		<pubDate>Tue, 27 Oct 2009 12:11:59 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43176</guid>
		<description>That would be the famous government legislated invention and introduction of the motorised carriage at the turn of the former century together with tax  breaks to motorised carriage purchases and taxing of horse feed?</description>
		<content:encoded><![CDATA[<p>That would be the famous government legislated invention and introduction of the motorised carriage at the turn of the former century together with tax  breaks to motorised carriage purchases and taxing of horse feed?</p>
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		<title>By: John Bennetts</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43171</link>
		<dc:creator>John Bennetts</dc:creator>
		<pubDate>Tue, 27 Oct 2009 11:38:52 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43171</guid>
		<description>With respect to Julius&#039;s contribution.  I am left in wonderment.

Did the horse give way to the car a hundred years ago?  Were there government adjustment packages (Horse shit compensation)? 

Did people buy and breed horses, expecting to make a profit, only to see their world view collapse as a better way was found to do things?

Of course, they didn&#039;t receive compensation, or HPRS (Horse Pollution Reduction Credits), or anything else.  They were simply forced to adapt, just as a mollusc on a rock shelf has to in the face of rising tides.

The captains of industry seek to remove risk from their dealings.  That is evident from the past year&#039;s collapse of the financial sector, where the public of a hundred nations have been called upon to save the businesses of the rich and famous from collapse.  Nice work if you can get it, but not the way of Nature.

I see no reason to now socialise the losses which accrue due to the carbon economy or to privatise the profits which might be made by further rorting the system.  Carbon chemistry and atmospheric physics may not be understood by said captains of industry or other commentators on this subject, but when the world turns, they have absolutely no rational reason to be offered the public tit as recompense.

Get over it, move on and change your business are the only words of advice which apply here.

As for brown coal... if the purchasers have not yet made a profit from burning this wet, low grade, stinking Victorian mess, then they never will.  They have had enough time for us to refuse them our sympathy.  Besides which, we are too busy dealing with the emerging world to worry about the finer points of offering a decent burial to those left behind.</description>
		<content:encoded><![CDATA[<p>With respect to Julius&#8217;s contribution.  I am left in wonderment.</p>
<p>Did the horse give way to the car a hundred years ago?  Were there government adjustment packages (Horse shit compensation)? </p>
<p>Did people buy and breed horses, expecting to make a profit, only to see their world view collapse as a better way was found to do things?</p>
<p>Of course, they didn&#8217;t receive compensation, or HPRS (Horse Pollution Reduction Credits), or anything else.  They were simply forced to adapt, just as a mollusc on a rock shelf has to in the face of rising tides.</p>
<p>The captains of industry seek to remove risk from their dealings.  That is evident from the past year&#8217;s collapse of the financial sector, where the public of a hundred nations have been called upon to save the businesses of the rich and famous from collapse.  Nice work if you can get it, but not the way of Nature.</p>
<p>I see no reason to now socialise the losses which accrue due to the carbon economy or to privatise the profits which might be made by further rorting the system.  Carbon chemistry and atmospheric physics may not be understood by said captains of industry or other commentators on this subject, but when the world turns, they have absolutely no rational reason to be offered the public tit as recompense.</p>
<p>Get over it, move on and change your business are the only words of advice which apply here.</p>
<p>As for brown coal&#8230; if the purchasers have not yet made a profit from burning this wet, low grade, stinking Victorian mess, then they never will.  They have had enough time for us to refuse them our sympathy.  Besides which, we are too busy dealing with the emerging world to worry about the finer points of offering a decent burial to those left behind.</p>
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		<title>By: John Bennetts</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43167</link>
		<dc:creator>John Bennetts</dc:creator>
		<pubDate>Tue, 27 Oct 2009 11:18:32 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43167</guid>
		<description>Dear CHUGG@2:51 27th October.

Do you really expect any of us to read your dense, impenatrable cr_p?  You have apparently copied and pasted a lot of stuff from  another site and now expect us to work our way through it, and accept it as original work, relevant, and useful.

It is not.

For a start (and I choose to go no further today, the sun having set long ago), consider the following.

1.  You choose to argue that additional CO2 after saturation has zero effect.  This may be so, however saturation of CO2 in the atmosphere is not what is being discussed.  The actual CO2 fraction of the atmosphere is and should be kept at, a fraction of the saturation concentration, which is poisonous to all life on earth, rather like sticking the exhaust pipe of a car into your mouth.  CO and CO2 are both poisons.  O2 is not.  To keep this world inhabitable, we need to keep our gas mix (air) withjin reasonable limits.  You, sir, are most certainly off your rocker and not reasonable at all.

2.  Where the dickens did you get the notion that I said somewhere that CO2 reflects heat in all directions?  Not from this site, or any other.  Sure that you haven&#039;t just imported cr_p from  somewhere else and accused me of being the source?

3.  After about four screen of diatribe, I have formed the opinion that you are in need of adjustment to the real world, because your current opinions are totally unreal.  I have also detected that you need a job.  2:51pm is not an indication that you are gainfully employed.  Perhaps you are paid to attend a workplace but choose to waste the bosses&#039; time.  Either way: get a real job.  You need one. 

4.  The quoted examples and arguments have all been answered many times by better than I.  Essentially boring, now - old hat.  You have swallowed enough hogwash to keep the pig population of Denmark clean and shining like a new penny for a couple of years.

Dream on.</description>
		<content:encoded><![CDATA[<p>Dear CHUGG@2:51 27th October.</p>
<p>Do you really expect any of us to read your dense, impenatrable cr_p?  You have apparently copied and pasted a lot of stuff from  another site and now expect us to work our way through it, and accept it as original work, relevant, and useful.</p>
<p>It is not.</p>
<p>For a start (and I choose to go no further today, the sun having set long ago), consider the following.</p>
<p>1.  You choose to argue that additional CO2 after saturation has zero effect.  This may be so, however saturation of CO2 in the atmosphere is not what is being discussed.  The actual CO2 fraction of the atmosphere is and should be kept at, a fraction of the saturation concentration, which is poisonous to all life on earth, rather like sticking the exhaust pipe of a car into your mouth.  CO and CO2 are both poisons.  O2 is not.  To keep this world inhabitable, we need to keep our gas mix (air) withjin reasonable limits.  You, sir, are most certainly off your rocker and not reasonable at all.</p>
<p>2.  Where the dickens did you get the notion that I said somewhere that CO2 reflects heat in all directions?  Not from this site, or any other.  Sure that you haven&#8217;t just imported cr_p from  somewhere else and accused me of being the source?</p>
<p>3.  After about four screen of diatribe, I have formed the opinion that you are in need of adjustment to the real world, because your current opinions are totally unreal.  I have also detected that you need a job.  2:51pm is not an indication that you are gainfully employed.  Perhaps you are paid to attend a workplace but choose to waste the bosses&#8217; time.  Either way: get a real job.  You need one. </p>
<p>4.  The quoted examples and arguments have all been answered many times by better than I.  Essentially boring, now - old hat.  You have swallowed enough hogwash to keep the pig population of Denmark clean and shining like a new penny for a couple of years.</p>
<p>Dream on.</p>
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		<title>By: JamesK</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43133</link>
		<dc:creator>JamesK</dc:creator>
		<pubDate>Tue, 27 Oct 2009 07:43:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43133</guid>
		<description>Andy&#039;s &quot;trenchantly ignorant comment&quot; has been a sudden and spectacular revelation.  My worthless respiration merely adds to the CO2 pollution that is choking the planet whilst I dare to question the genius that is Bernard Keane. 

I withdraw....... defeated but better for having been rapiered by that other trenchantly brilliant genius that is Andrew Lewis.

I both apologise to and grovel thanks to this coruscating Einstein.</description>
		<content:encoded><![CDATA[<p>Andy&#8217;s &#8220;trenchantly ignorant comment&#8221; has been a sudden and spectacular revelation.  My worthless respiration merely adds to the CO2 pollution that is choking the planet whilst I dare to question the genius that is Bernard Keane. </p>
<p>I withdraw&#8230;&#8230;. defeated but better for having been rapiered by that other trenchantly brilliant genius that is Andrew Lewis.</p>
<p>I both apologise to and grovel thanks to this coruscating Einstein.</p>
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		<title>By: Julius</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43129</link>
		<dc:creator>Julius</dc:creator>
		<pubDate>Tue, 27 Oct 2009 07:15:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43129</guid>
		<description>@Andrew Lewis
Humpty Dumpty words is one thing, maybe entertaining, though &quot;trenchantly&quot; attached to &quot;ignorant&quot; is presumably not intended to divert attention from your wish to be offensive rather than informative or usefully analytic.  But Humpty Dumpty facts goes too far in wasting people&#039;s time.  

Couldn&#039;t you make the effort or give the time to thinking of [causes of] &quot;long term adjustment&quot;  that weren&#039;t so quintessentially short-term as currency movements and the GFC?  Let it be noted too that you are apparently insouciant about adjustments which involve the end of businesses or whole industries.  Creative destruction maybe but the destruction usually hurts many and your best point would have to be made with a cogent argument that when you buy something from government, e.g. Victoria&#039;s brown coal powered generators, you should know that government may turn round and tell you that it is now illegal to use the asset.

And your point?  Because business has been faced with big changes that have had little or nothing to do with government it shouldn&#039;t complain when the government thrusts costs upon it in a way which, without adjustment or compensation, could put it at a disadvantage in rewarding effort and ownership  and for having made  investments in good faith, often encouraged by government, compared with those of other business investors in Australia, and, more to the point, overseas.</description>
		<content:encoded><![CDATA[<p>@Andrew Lewis<br />
Humpty Dumpty words is one thing, maybe entertaining, though &#8220;trenchantly&#8221; attached to &#8220;ignorant&#8221; is presumably not intended to divert attention from your wish to be offensive rather than informative or usefully analytic.  But Humpty Dumpty facts goes too far in wasting people&#8217;s time.  </p>
<p>Couldn&#8217;t you make the effort or give the time to thinking of [causes of] &#8220;long term adjustment&#8221;  that weren&#8217;t so quintessentially short-term as currency movements and the GFC?  Let it be noted too that you are apparently insouciant about adjustments which involve the end of businesses or whole industries.  Creative destruction maybe but the destruction usually hurts many and your best point would have to be made with a cogent argument that when you buy something from government, e.g. Victoria&#8217;s brown coal powered generators, you should know that government may turn round and tell you that it is now illegal to use the asset.</p>
<p>And your point?  Because business has been faced with big changes that have had little or nothing to do with government it shouldn&#8217;t complain when the government thrusts costs upon it in a way which, without adjustment or compensation, could put it at a disadvantage in rewarding effort and ownership  and for having made  investments in good faith, often encouraged by government, compared with those of other business investors in Australia, and, more to the point, overseas.</p>
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		<title>By: Andrew Lewis</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43091</link>
		<dc:creator>Andrew Lewis</dc:creator>
		<pubDate>Tue, 27 Oct 2009 05:19:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43091</guid>
		<description>Good article Bernard, followed by some trenchantly ignorant comment.   The CPRS, even in a form that would actually achieve something as opposed to the joke currently being played out, is an infinitely smaller long term adjustment for industry than say;

- currency movements
- the GFC
- the emergence of the internet, 
- any number of technological advances over the past 1000 years, 
- a pretty standard change of government and the overturning of employment laws every 5-10 years.

And all have the hanrahan shrill of we&#039;ll all be rooned.  Surely the worst example of this is the complaints of the owners of the brown coal burning electricity generators.  Apparently they weren&#039;t aware there was a debate about climate change emerging, although somehow everyone else was.

Industry in all its forms has had to work with bigger manifestations of change introduced more quickly than a 10-15 year roll-in of carbon credits.  No public debate in my lifetime has been more disingenuous, no industry sector immune to the siren song of rent seeking

Industry is in a headlong battle with agriculture to win title of champions of &quot;Socialise the losses and privatise the profits.&quot;</description>
		<content:encoded><![CDATA[<p>Good article Bernard, followed by some trenchantly ignorant comment.   The CPRS, even in a form that would actually achieve something as opposed to the joke currently being played out, is an infinitely smaller long term adjustment for industry than say;</p>
<p>- currency movements<br />
- the GFC<br />
- the emergence of the internet,<br />
- any number of technological advances over the past 1000 years,<br />
- a pretty standard change of government and the overturning of employment laws every 5-10 years.</p>
<p>And all have the hanrahan shrill of we&#8217;ll all be rooned.  Surely the worst example of this is the complaints of the owners of the brown coal burning electricity generators.  Apparently they weren&#8217;t aware there was a debate about climate change emerging, although somehow everyone else was.</p>
<p>Industry in all its forms has had to work with bigger manifestations of change introduced more quickly than a 10-15 year roll-in of carbon credits.  No public debate in my lifetime has been more disingenuous, no industry sector immune to the siren song of rent seeking</p>
<p>Industry is in a headlong battle with agriculture to win title of champions of &#8220;Socialise the losses and privatise the profits.&#8221;</p>
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		<title>By: michael james</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43062</link>
		<dc:creator>michael james</dc:creator>
		<pubDate>Tue, 27 Oct 2009 04:13:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43062</guid>
		<description>Evan Beaver stated 

&quot;I can think of 3 previous occasions when the Government has changed regulations, all for health related issues, which would have enormous impact on the bottom line of various businesses;
Lead in petrol
Asbestos products
CFCs as propellants

Is there any evidence that companies moved sales of lead paint off shore to make use of lax regulations, or did they just change their process?&quot;

Ask yourself , the next time you are at your local Bunnings, just how many different paint brands there are on show, then check where they were manufactured.

I believe that you will find the vast majority were manufactured overseas, simply because the costs of manufacturing paint in places like China, and then shipping it to Australia, is still cheaper than manufacturing here.

That long term shift from a manufacturing economy to a services economy, is hastened when the Government imposes long term cost increases through structural manipulation of costs to local manufacturing.

Look at what happened to our tyre manufacturing industry, or our car manufacturing industry, or our white goods manufacturing industry, or our electrical item manufacturing industry or even our clothing and underwear manufacturing industry.  

You can, they are all on sale, many with the same branding, but manufactured in China, by Chinese, with the profits going overseas to support overseas jobs.</description>
		<content:encoded><![CDATA[<p>Evan Beaver stated </p>
<p><span class="dquo">&#8220;</span>I can think of 3 previous occasions when the Government has changed regulations, all for health related issues, which would have enormous impact on the bottom line of various businesses;<br />
Lead in petrol<br />
Asbestos products<br />
CFCs as propellants</p>
<p>Is there any evidence that companies moved sales of lead paint off shore to make use of lax regulations, or did they just change their process?&#8221;</p>
<p>Ask yourself , the next time you are at your local Bunnings, just how many different paint brands there are on show, then check where they were manufactured.</p>
<p>I believe that you will find the vast majority were manufactured overseas, simply because the costs of manufacturing paint in places like China, and then shipping it to Australia, is still cheaper than manufacturing here.</p>
<p>That long term shift from a manufacturing economy to a services economy, is hastened when the Government imposes long term cost increases through structural manipulation of costs to local manufacturing.</p>
<p>Look at what happened to our tyre manufacturing industry, or our car manufacturing industry, or our white goods manufacturing industry, or our electrical item manufacturing industry or even our clothing and underwear manufacturing industry.  </p>
<p>You can, they are all on sale, many with the same branding, but manufactured in China, by Chinese, with the profits going overseas to support overseas jobs.</p>
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		<title>By: chugg</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43045</link>
		<dc:creator>chugg</dc:creator>
		<pubDate>Tue, 27 Oct 2009 03:51:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-43045</guid>
		<description>Re; John Bennetts

 the &quot;effectiveness &quot; of Co2 after saturation = ZERO

Proposed NCEE Comments on Draft Technical Support Document foe Endangerment Analysis 
for Greenhouse Gas Emissions under the Clean Air Act

http://cei.org/cei_files/fm/active/0/DOC062509-004.pdf
 the &quot;effectiveness &quot; of Co2 after saturation = ZERO
_________________________________________________________

&quot;perhaps a thousand years? = how about 5 to 10 Days ?

The lifetime for CO2 is the order of 5 to 10 
http://icecap.us/images/uploads/Lifetime.jpg

OR

The real atmospheric CO2 residence time (lifetime) is only about 5 years
http://folk.uio.no/tomvs/esef/ESEF3VO2.htm

_______________________________________________________

&quot;ongoing accumulating effects&quot; ?  = how about ZERO,zilsh,

OR;
 Dr. Roy Spencer&#039;s 0.6 C warming for a doubling of CO2.

 OR; 
Miskolczi`s New Greenhouse Law
http://www.youtube.com/watch?v=Ykgg9m-7FK4&amp;feature=player_embedded#t=98
THE GREENHOUSE EFFECT HAS NOT INCREASED IN THE LAST 100 YEARS!
_________________________________________________________

The common misconception is;As we add more and more carbon atoms so more heat is retained by the increasing number and reflection of heat also increases 
You missed the point regarding the fact that once the upgoing radiation that CO2 can capture 
has been absorbed there’s none left for additional CO2 to have any further influence - it’s a 
logarithmic effect i.e. the more CO2 you add the less the effect until there’s virtually no effect 
at all.  And as you stated “reflects heat in all directions” - that’s out into space as well. This 
“greenhouse” has no roof.

The fact that that Co2 was many times higher in the past during  extremly cold periods proves 
the point.

A simple way to explain it is;If you add extra blinds to a window the second has little effect and the third next to zilsh and so on.
-------------------------------------------
Miskolczi`s New Greenhouse Law
http://wattsupwiththat.com/2009/09/26/united-nations-environment-programme-uses-unreviewed-graph-from-an-anonymous-wikipedia-author-for-official-report/
--------------------------------------------
The following chart comes courtesy of Climate Researcher Alan Siddons and illustrates the 
theoretical pattern logarithmic CO2 forcing would assume at each of these four sensitivity 
levels.  Needless to say, the difference when allowing for negative feedback is staggering.
ZILSH GRAPH
http://www.americanthinker.com/2009/04/the_planet_cools_while_romm_bu_1.html
-------------------------------------------
Mistakes in IPCC Global Warming Calculations 
http://mistakesinipcccalculations.blogspot.com/
-------------------------------------------
As for your link;

Just like the IPCC the ABC the CSIRO or any Government funded agencies with $-grant-$ 
monnies’s why would they bite the hand that feeds them and not give them a pre concieved 
biassed outcome ?
“The latest example is in Queensland where the CSIRO is given $2 million to help the 
government fight global warming.” 
http://www.countryman.com.au/article/2397.html
--------

The EPA even tried to suppress evidence.

Proposed NCEE Comments on Draft Technical Support Document foe Endangerment Analysis 
for Greenhouse Gas Emissions under the Clean Air Act

http://cei.org/cei_files/fm/active/0/DOC062509-004.pdf
 the &quot;effectiveness &quot; of Co2 after saturation = ZERO
------------------------------------------
The Sun has been more active recently than for the last 8,000 years.
http://www.financialpost.com/story.html?id=597d0677-2a05-47b4-b34f-b84068db11f4&amp;p=1
http://helios.izmiran.rssi.ru/solter/ihy2007/topics.html

Solar Radiation during the 20th Century
http://www.john-daly.com/solar.htm

   New Discoveries from Denmark 

In November 1991, Danish scientists Eijil Friis-Christensen and Knud Lassen, startled the 
climatological world with a paper in &quot;Science&quot; describing a 0.95 correlation between solar cycle 

length and global temperature (IPCC version). &quot;Science&quot; writer, Richard Kerr described it as 
&quot;one dazzling correlation&quot;. 

 Fig 5. Solar Cycle Length and Global Temperature (surface) 
(The blue line is temperature, the red line is solar cycle length)

As can be seen, global temperature has tended to increase in lockstep with shortening of the 
solar cycle length (ie. solar maxima becoming more frequent)

-------------------------------------------
The Sun has X-been-X WAS more active recently than for the last 8,000 years.
http://www.financialpost.com/story.html?id=597d0677-2a05-47b4-b34f-b84068db11f4&amp;p=1
http://helios.izmiran.rssi.ru/solter/ihy2007/topics.html

An educated person knows that Sunspot cycles and ‘temperature’ or ‘climate’ are near perfectly correlated. 
http://cce.890m.com/solar-gcr/images/sunspot-cycle-length.jpg
http://cce.890m.com/solar-gcr/images/fcl.jpg
http://www.oar.noaa.gov/spotlite/archive/images/sunclimate_3b.gif
-------
Now lets include the bad correlation of Co2 as well.
http://biocab.org/Solar_Irradiance_vs._CO2.jpg
http://www.kowabunga.org/images/pictures/misc/sunspot.gif

There needs to be a considderation taken into account, there is a LAG period well after because of the fact Oceans take time to cool.

Our release of gasses is minute compared to a warmed Ocean and 3 million+ under sea Vents 
and Volcanoes which there are 85 times more of than land based Volcanoes.Besides there has 
been a rise in the intensity of World Earth quakes that correlates with Mona loa curve

I think there&#039;s not much mystery about the past warming really,It&#039;s the Massive 3 MILLION? 
Under-sea thermal and volcanic activity under the Arctic AND the warm currents also from the ring of fire that enter the Arctic which would ALL originate from an unballanced world from CME Magnetic disturbances causing above normal sizemic activity and thus extra heat entering 

the Ocean and then to the atmosphere.
-------------
climate sensitvity  for a doubling of CO2

Here is a summary of some of the recent determinations climate sensitivities or warming for a 
doubling of CO2:

0.4 C (Idso)
0.5 C (Lindzen)
0.6 +/- 0.2 C (analysis above)
0.65 C (Schwartz without aerosol masking)
0.98 C (Modtran)
1.3 C (Schwartz with aerosol masking)
1.3 C (Shaviv)
2.2 C (Schwartz with aerosol masking and using incorrect ocean warming values)

I’ll just quote Roy Spencer’s latest finding on climate sensitivity at 

http://www.drroyspencer.com/2009/06/epa-endangerment-finding-my-submitted-comments/
where he finds a 0.6 C warming for a doubling of CO2.
_______________________________________________________________
 perhaps a thousand years? = how about 5 to 10 Days ?

the real atmospheric CO2 residence time (lifetime) is only about 5 years
http://folk.uio.no/tomvs/esef/ESEF3VO2.htm

the lifetime for CO2 is the order of 5 to 10 
http://icecap.us/images/uploads/Lifetime.jpg

http://newsbyus.com/index.php/article/2116

Atmospheric Scientist Dr. Roy Spencer, formerly of NASA, presented ‘smoking gun’ analysis 
showing UN IPCC models ‚significantly overstated climate sensitivity to human climate forcings’ - June 17, 2008 

xxxxxxxxxxxxxxxx
Reid Bryson say&#039;s you could go outside and spit and have the same effect as doubling carbon 
dioxide. 

UW Green Bay Emeritus Professor Joseph Moran agrees that Bryson qualifies as “the father of 
the science of modern climatology.” 

http://www.cordina.org/page2/page2.html</description>
		<content:encoded><![CDATA[<p>Re; John Bennetts</p>
<p> the &#8220;effectiveness &#8221; of Co2 after saturation = ZERO</p>
<p>Proposed NCEE Comments on Draft Technical Support Document foe Endangerment Analysis<br />
for Greenhouse Gas Emissions under the Clean Air Act</p>
<p><a href="http://cei.org/cei_files/fm/active/0/DOC062509-004.pdf" rel="nofollow">http://cei.org/cei_files/fm/active/0/DOC062509-004.pdf</a><br />
 the &#8220;effectiveness &#8221; of Co2 after saturation = ZERO<br />
_________________________________________________________</p>
<p><span class="dquo">&#8220;</span>perhaps a thousand years? = how about 5 to 10 Days ?</p>
<p>The lifetime for CO2 is the order of 5 to 10<br />
<a href="http://icecap.us/images/uploads/Lifetime.jpg" rel="nofollow">http://icecap.us/images/uploads/Lifetime.jpg</a></p>
<p>OR</p>
<p>The real atmospheric CO2 residence time (lifetime) is only about 5 years<br />
<a href="http://folk.uio.no/tomvs/esef/ESEF3VO2.htm" rel="nofollow">http://folk.uio.no/tomvs/esef/ESEF3VO2.htm</a></p>
<p>_______________________________________________________</p>
<p><span class="dquo">&#8220;</span>ongoing accumulating effects&#8221; ?  = how about ZERO,zilsh,</p>
<p>OR;<br />
 Dr. Roy Spencer&#8217;s 0.6 C warming for a doubling of CO2.</p>
<p> OR;<br />
Miskolczi`s New Greenhouse Law<br />
<a href="http://www.youtube.com/watch?v=Ykgg9m-7FK4&#038;feature=player_embedded#t=98" rel="nofollow">http://www.youtube.com/watch?v=Ykgg9m-7FK4&#038;feature=player_embedded#t=98</a><br />
THE GREENHOUSE EFFECT HAS NOT INCREASED IN THE LAST 100 YEARS!<br />
_________________________________________________________</p>
<p>The common misconception is;As we add more and more carbon atoms so more heat is retained by the increasing number and reflection of heat also increases<br />
You missed the point regarding the fact that once the upgoing radiation that CO2 can capture<br />
has been absorbed there’s none left for additional CO2 to have any further influence - it’s a<br />
logarithmic effect i.e. the more CO2 you add the less the effect until there’s virtually no effect<br />
at all.  And as you stated “reflects heat in all directions” - that’s out into space as well. This<br />
“greenhouse” has no roof.</p>
<p>The fact that that Co2 was many times higher in the past during  extremly cold periods proves<br />
the point.</p>
<p>A simple way to explain it is;If you add extra blinds to a window the second has little effect and the third next to zilsh and so on.<br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;-<br />
Miskolczi`s New Greenhouse Law<br />
<a href="http://wattsupwiththat.com/2009/09/26/united-nations-environment-programme-uses-unreviewed-graph-from-an-anonymous-wikipedia-author-for-official-report/" rel="nofollow">http://wattsupwiththat.com/2009/09/26/united-nations-environment-programme-uses-unreviewed-graph-from-an-anonymous-wikipedia-author-for-official-report/</a><br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;<br />
The following chart comes courtesy of Climate Researcher Alan Siddons and illustrates the<br />
theoretical pattern logarithmic CO2 forcing would assume at each of these four sensitivity<br />
levels.  Needless to say, the difference when allowing for negative feedback is staggering.<br />
ZILSH GRAPH<br />
<a href="http://www.americanthinker.com/2009/04/the_planet_cools_while_romm_bu_1.html" rel="nofollow">http://www.americanthinker.com/2009/04/the_planet_cools_while_romm_bu_1.html</a><br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;-<br />
Mistakes in IPCC Global Warming Calculations<br />
<a href="http://mistakesinipcccalculations.blogspot.com/" rel="nofollow">http://mistakesinipcccalculations.blogspot.com/</a><br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;-<br />
As for your link;</p>
<p>Just like the IPCC the ABC the CSIRO or any Government funded agencies with $-grant-$<br />
monnies’s why would they bite the hand that feeds them and not give them a pre concieved<br />
biassed outcome ?<br />
“The latest example is in Queensland where the CSIRO is given $2 million to help the<br />
government fight global warming.”<br />
<a href="http://www.countryman.com.au/article/2397.html" rel="nofollow">http://www.countryman.com.au/article/2397.html</a><br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;</p>
<p>The EPA even tried to suppress evidence.</p>
<p>Proposed NCEE Comments on Draft Technical Support Document foe Endangerment Analysis<br />
for Greenhouse Gas Emissions under the Clean Air Act</p>
<p><a href="http://cei.org/cei_files/fm/active/0/DOC062509-004.pdf" rel="nofollow">http://cei.org/cei_files/fm/active/0/DOC062509-004.pdf</a><br />
 the &#8220;effectiveness &#8221; of Co2 after saturation = ZERO<br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;<br />
The Sun has been more active recently than for the last 8,000 years.<br />
<a href="http://www.financialpost.com/story.html?id=597d0677-2a05-47b4-b34f-b84068db11f4&#038;p=1" rel="nofollow">http://www.financialpost.com/story.html?id=597d0677-2a05-47b4-b34f-b84068db11f4&#038;p=1</a><br />
<a href="http://helios.izmiran.rssi.ru/solter/ihy2007/topics.html" rel="nofollow">http://helios.izmiran.rssi.ru/solter/ihy2007/topics.html</a></p>
<p>Solar Radiation during the 20th Century<br />
<a href="http://www.john-daly.com/solar.htm" rel="nofollow">http://www.john-daly.com/solar.htm</a></p>
<p>   New Discoveries from Denmark </p>
<p>In November 1991, Danish scientists Eijil Friis-Christensen and Knud Lassen, startled the<br />
climatological world with a paper in &#8220;Science&#8221; describing a 0.95 correlation between solar cycle </p>
<p>length and global temperature (IPCC version). &#8220;Science&#8221; writer, Richard Kerr described it as<br />
&#8220;one dazzling correlation&#8221;. </p>
<p> Fig 5. Solar Cycle Length and Global Temperature (surface)<br />
(The blue line is temperature, the red line is solar cycle length)</p>
<p>As can be seen, global temperature has tended to increase in lockstep with shortening of the<br />
solar cycle length (ie. solar maxima becoming more frequent)</p>
<p>&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;-<br />
The Sun has X-been-X WAS more active recently than for the last 8,000 years.<br />
<a href="http://www.financialpost.com/story.html?id=597d0677-2a05-47b4-b34f-b84068db11f4&#038;p=1" rel="nofollow">http://www.financialpost.com/story.html?id=597d0677-2a05-47b4-b34f-b84068db11f4&#038;p=1</a><br />
<a href="http://helios.izmiran.rssi.ru/solter/ihy2007/topics.html" rel="nofollow">http://helios.izmiran.rssi.ru/solter/ihy2007/topics.html</a></p>
<p>An educated person knows that Sunspot cycles and ‘temperature’ or ‘climate’ are near perfectly correlated.<br />
<a href="http://cce.890m.com/solar-gcr/images/sunspot-cycle-length.jpg" rel="nofollow">http://cce.890m.com/solar-gcr/images/sunspot-cycle-length.jpg</a><br />
<a href="http://cce.890m.com/solar-gcr/images/fcl.jpg" rel="nofollow">http://cce.890m.com/solar-gcr/images/fcl.jpg</a><br />
<a href="http://www.oar.noaa.gov/spotlite/archive/images/sunclimate_3b.gif" rel="nofollow">http://www.oar.noaa.gov/spotlite/archive/images/sunclimate_3b.gif</a><br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;-<br />
Now lets include the bad correlation of Co2 as well.<br />
<a href="http://biocab.org/Solar_Irradiance_vs._CO2.jpg" rel="nofollow">http://biocab.org/Solar_Irradiance_vs._CO2.jpg</a><br />
<a href="http://www.kowabunga.org/images/pictures/misc/sunspot.gif" rel="nofollow">http://www.kowabunga.org/images/pictures/misc/sunspot.gif</a></p>
<p>There needs to be a considderation taken into account, there is a LAG period well after because of the fact Oceans take time to cool.</p>
<p>Our release of gasses is minute compared to a warmed Ocean and 3 million+ under sea Vents<br />
and Volcanoes which there are 85 times more of than land based Volcanoes.Besides there has<br />
been a rise in the intensity of World Earth quakes that correlates with Mona loa curve</p>
<p>I think there&#8217;s not much mystery about the past warming really,It&#8217;s the Massive 3 MILLION?<br />
Under-sea thermal and volcanic activity under the Arctic AND the warm currents also from the ring of fire that enter the Arctic which would ALL originate from an unballanced world from CME Magnetic disturbances causing above normal sizemic activity and thus extra heat entering </p>
<p>the Ocean and then to the atmosphere.<br />&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;&thinsp;&#8212;&thinsp;-<br />
climate sensitvity  for a doubling of CO2</p>
<p>Here is a summary of some of the recent determinations climate sensitivities or warming for a<br />
doubling of CO2:</p>
<p>0.4 C (Idso)<br />
0.5 C (Lindzen)<br />
0.6 +/- 0.2 C (analysis above)<br />
0.65 C (Schwartz without aerosol masking)<br />
0.98 C (Modtran)<br />
1.3 C (Schwartz with aerosol masking)<br />
1.3 C (Shaviv)<br />
2.2 C (Schwartz with aerosol masking and using incorrect ocean warming values)</p>
<p>I’ll just quote Roy Spencer’s latest finding on climate sensitivity at </p>
<p><a href="http://www.drroyspencer.com/2009/06/epa-endangerment-finding-my-submitted-comments/" rel="nofollow">http://www.drroyspencer.com/2009/06/epa-endangerment-finding-my-submitted-comments/</a><br />
where he finds a 0.6 C warming for a doubling of CO2.<br />
_______________________________________________________________<br />
 perhaps a thousand years? = how about 5 to 10 Days ?</p>
<p>the real atmospheric CO2 residence time (lifetime) is only about 5 years<br />
<a href="http://folk.uio.no/tomvs/esef/ESEF3VO2.htm" rel="nofollow">http://folk.uio.no/tomvs/esef/ESEF3VO2.htm</a></p>
<p>the lifetime for CO2 is the order of 5 to 10<br />
<a href="http://icecap.us/images/uploads/Lifetime.jpg" rel="nofollow">http://icecap.us/images/uploads/Lifetime.jpg</a></p>
<p><a href="http://newsbyus.com/index.php/article/2116" rel="nofollow">http://newsbyus.com/index.php/article/2116</a></p>
<p>Atmospheric Scientist Dr. Roy Spencer, formerly of NASA, presented ‘smoking gun’ analysis<br />
showing UN IPCC models ‚significantly overstated climate sensitivity to human climate forcings’ - June 17, 2008 </p>
<p>xxxxxxxxxxxxxxxx<br />
Reid Bryson say&#8217;s you could go outside and spit and have the same effect as doubling carbon<br />
dioxide. </p>
<p>UW Green Bay Emeritus Professor Joseph Moran agrees that Bryson qualifies as “the father of<br />
the science of modern climatology.” </p>
<p><a href="http://www.cordina.org/page2/page2.html" rel="nofollow">http://www.cordina.org/page2/page2.html</a></p>
]]></content:encoded>
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	<item>
		<title>By: Mark Duffett</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42977</link>
		<dc:creator>Mark Duffett</dc:creator>
		<pubDate>Tue, 27 Oct 2009 01:55:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42977</guid>
		<description>Not a bad idea, Evan @ 12:34 pm, but I think the main problems would be diplomatic rather than administrative.  Australia generally benefits from free trade; anything that looks like we&#039;re trying to be protectionist in certain areas is bad for our trade negotiations.  The practical effect of your proposal would be to put up tariff walls against the poorest countries in the world; not a good look.</description>
		<content:encoded><![CDATA[<p>Not a bad idea, Evan @ 12:34 pm, but I think the main problems would be diplomatic rather than administrative.  Australia generally benefits from free trade; anything that looks like we&#8217;re trying to be protectionist in certain areas is bad for our trade negotiations.  The practical effect of your proposal would be to put up tariff walls against the poorest countries in the world; not a good look.</p>
]]></content:encoded>
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	<item>
		<title>By: Evan Beaver</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42974</link>
		<dc:creator>Evan Beaver</dc:creator>
		<pubDate>Tue, 27 Oct 2009 01:39:27 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42974</guid>
		<description>I also wonder if the reverse might occur. The EU banned imports of GM foods. There is some precedent that something similar might happen with imports from countries without an ETS or similar. It has not been mentioned here in the debate, but I would consider it a risk of not having a scheme; penalties in the form of trade restrictions from other countries in the future.</description>
		<content:encoded><![CDATA[<p>I also wonder if the reverse might occur. The EU banned imports of GM foods. There is some precedent that something similar might happen with imports from countries without an ETS or similar. It has not been mentioned here in the debate, but I would consider it a risk of not having a scheme; penalties in the form of trade restrictions from other countries in the future.</p>
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		<title>By: Evan Beaver</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42972</link>
		<dc:creator>Evan Beaver</dc:creator>
		<pubDate>Tue, 27 Oct 2009 01:34:07 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42972</guid>
		<description>So then Mark, I take your point; anything imported into Australia had to meet the guidelines.

So why not do that instead? Rather than compensating our businesses, which in my opinion discourages any actual innovation on their part, tax imports that are from countries that don&#039;t have a scheme. An advanced tariff I guess. Sure there&#039;ll be some administrative headaches, but the current system is chock full of them as well. Then, our businesses have an incentive to decrease their emissions.

It&#039;s a large criticism I have of the system; there are is so much compensation that there&#039;s no incentive to improve. In some cases there&#039;s even a disencentive.</description>
		<content:encoded><![CDATA[<p>So then Mark, I take your point; anything imported into Australia had to meet the guidelines.</p>
<p>So why not do that instead? Rather than compensating our businesses, which in my opinion discourages any actual innovation on their part, tax imports that are from countries that don&#8217;t have a scheme. An advanced tariff I guess. Sure there&#8217;ll be some administrative headaches, but the current system is chock full of them as well. Then, our businesses have an incentive to decrease their emissions.</p>
<p>It&#8217;s a large criticism I have of the system; there are is so much compensation that there&#8217;s no incentive to improve. In some cases there&#8217;s even a disencentive.</p>
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		<title>By: Scott</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42968</link>
		<dc:creator>Scott</dc:creator>
		<pubDate>Tue, 27 Oct 2009 00:33:17 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42968</guid>
		<description>The problem I have with the figures quoted (specifically the JBWere analysis) is that it is only over the short term.
I have had some problems finding the report (if you could post it, that would be great); people refer to it, but no one seems to have posted the actual report. Reading the &quot;Ethical Investor&quot; website about it however, it appears 2 things determine a future carbon liability. The amount of emissions produced in the future (hard to determine) and the cost put to those emissions in the future.
The way Andrew Gray (the analyst) figured it out was based on disclosure information about carbon emissions from the JBWere Carbon Disclosure Project (or survey of ASX200 companies, only 73% participate) and the cost of carbon implemented at the start of the CPRS (a fixed price of approx $10). I hope he has also accounted for the time value of money by throwing in a discount factor as well..The EBIT used was 2007 figures.
So the analysis is based on a number of potential figures rather than hard data..though through the use of trending (survey&#039;s been running for 4 years), he could find out whether companies are increasing their emissions or decreasing them. (though no errors or SD have been reported either)
My question is what happends in 2012 when the cost of carbon emissions reverts to a market driven price (roughly $20-$25 according to speculation)? Might increase the effect on EBIT a little bit more I would say.
Look, I am a fan of the CPRS...I think it needs to happen. I think it will solve a lot of issues and over the really long term be beneficial to the Australian environment (and even the economy). But everyone should understand why companies are a bit reluctant about it and why cash handouts may be necessary to get them to the party. And we will see pain in the first few years.</description>
		<content:encoded><![CDATA[<p>The problem I have with the figures quoted (specifically the JBWere analysis) is that it is only over the short term.<br />
I have had some problems finding the report (if you could post it, that would be great); people refer to it, but no one seems to have posted the actual report. Reading the &#8220;Ethical Investor&#8221; website about it however, it appears 2 things determine a future carbon liability. The amount of emissions produced in the future (hard to determine) and the cost put to those emissions in the future.<br />
The way Andrew Gray (the analyst) figured it out was based on disclosure information about carbon emissions from the JBWere Carbon Disclosure Project (or survey of ASX200 companies, only 73% participate) and the cost of carbon implemented at the start of the CPRS (a fixed price of approx $10). I hope he has also accounted for the time value of money by throwing in a discount factor as well..The EBIT used was 2007 figures.<br />
So the analysis is based on a number of potential figures rather than hard data..though through the use of trending (survey&#8217;s been running for 4 years), he could find out whether companies are increasing their emissions or decreasing them. (though no errors or SD have been reported either)<br />
My question is what happends in 2012 when the cost of carbon emissions reverts to a market driven price (roughly $20-$25 according to speculation)? Might increase the effect on EBIT a little bit more I would say.<br />
Look, I am a fan of the CPRS&#8230;I think it needs to happen. I think it will solve a lot of issues and over the really long term be beneficial to the Australian environment (and even the economy). But everyone should understand why companies are a bit reluctant about it and why cash handouts may be necessary to get them to the party. And we will see pain in the first few years.</p>
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		<title>By: EnergyPedant</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42967</link>
		<dc:creator>EnergyPedant</dc:creator>
		<pubDate>Tue, 27 Oct 2009 00:12:58 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42967</guid>
		<description>Europe has an ETS that has been up and running.  Has there been &quot;carbon leakage&quot;?

Simple question.

The mining industry getting worked up is just silly.  They make heaps of money.  If they slow expansion somewhat that doesn&#039;t reduce the value of future income, if anything it increases it (see Saudi Arabia constantly holding back oil supply).

The industry that does matter is energy intensive refining/manufacturing.  This actual means smelters.  However they are sensitive to energy prices and security of supply, not just carbon.  The new smelters were always going to be built in the middle east or places with lots of hydro capacity (Canada/Norway/Siberia).  Bahrain is offering almost free electricity to locate there (since they sit on the biggest gas reserves in the world, way more than they can possibly export).</description>
		<content:encoded><![CDATA[<p>Europe has an ETS that has been up and running.  Has there been &#8220;carbon leakage&#8221;?</p>
<p>Simple question.</p>
<p>The mining industry getting worked up is just silly.  They make heaps of money.  If they slow expansion somewhat that doesn&#8217;t reduce the value of future income, if anything it increases it (see Saudi Arabia constantly holding back oil supply).</p>
<p>The industry that does matter is energy intensive refining/manufacturing.  This actual means smelters.  However they are sensitive to energy prices and security of supply, not just carbon.  The new smelters were always going to be built in the middle east or places with lots of hydro capacity (Canada/Norway/Siberia).  Bahrain is offering almost free electricity to locate there (since they sit on the biggest gas reserves in the world, way more than they can possibly export).</p>
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		<title>By: Mark Duffett</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42961</link>
		<dc:creator>Mark Duffett</dc:creator>
		<pubDate>Mon, 26 Oct 2009 22:56:57 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42961</guid>
		<description>No, I&#039;d still say the situation is fundamentally different, in that in each of your cases the new rules applied equally across the board to all companies wanting to sell to consumers.  That&#039;s not the case with the CPRS, because it only applies to production operations in Australia.  The root of the problem is that we want to have our CO2-e reduction cake and eat it (i.e. continue to consume all the products of CO2-e emission) too.</description>
		<content:encoded><![CDATA[<p>No, I&#8217;d still say the situation is fundamentally different, in that in each of your cases the new rules applied equally across the board to all companies wanting to sell to consumers.  That&#8217;s not the case with the CPRS, because it only applies to production operations in Australia.  The root of the problem is that we want to have our CO2-e reduction cake and eat it (i.e. continue to consume all the products of CO2-e emission) too.</p>
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		<title>By: Evan Beaver</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42958</link>
		<dc:creator>Evan Beaver</dc:creator>
		<pubDate>Mon, 26 Oct 2009 22:37:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42958</guid>
		<description>Yeah, I stuffed that up, but the over riding point is; were they compensated for having to change their production process?</description>
		<content:encoded><![CDATA[<p>Yeah, I stuffed that up, but the over riding point is; were they compensated for having to change their production process?</p>
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		<title>By: Mark Duffett</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42955</link>
		<dc:creator>Mark Duffett</dc:creator>
		<pubDate>Mon, 26 Oct 2009 22:28:30 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42955</guid>
		<description>Come on, Evan@9:03, that whole analogy is just silly, exemplified by the notion of &quot;companies moved sales of lead paint off shore&quot;.  If you can demonstrate just how they could do that, you can a) become very rich, and b) collect a Nobel Prize for economics.</description>
		<content:encoded><![CDATA[<p>Come on, Evan@9:03, that whole analogy is just silly, exemplified by the notion of &#8220;companies moved sales of lead paint off shore&#8221;.  If you can demonstrate just how they could do that, you can a) become very rich, and b) collect a Nobel Prize for economics.</p>
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		<title>By: JamesK</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42954</link>
		<dc:creator>JamesK</dc:creator>
		<pubDate>Mon, 26 Oct 2009 22:28:23 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42954</guid>
		<description>@GregB.

I had thought most everyone even alarmists understood that calling an ETS the CPRS was and indeed still is a cynical device to associate one of nature&#039;s key organic molecule &#039;CO2&#039; with particulate carbon constituted by another molecule called carbon &#039;C&#039; aka soot and smog. Interestingly our modern electricity generators no longer pollute the environment with carbon unlike say China&#039;s:

http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/

CO2 thus becomes the polluting enemy instead of an organic molecule absolutely indigent to and necessary for life.</description>
		<content:encoded><![CDATA[<p>@GregB.</p>
<p>I had thought most everyone even alarmists understood that calling an ETS the CPRS was and indeed still is a cynical device to associate one of nature&#8217;s key organic molecule &#8216;CO2&#8217; with particulate carbon constituted by another molecule called carbon &#8216;C&#8217; aka soot and smog. Interestingly our modern electricity generators no longer pollute the environment with carbon unlike say China&#8217;s:</p>
<p><a href="http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/" rel="nofollow">http://www.chinahush.com/2009/10/21/amazing-pictures-pollution-in-china/</a></p>
<p>CO2 thus becomes the polluting enemy instead of an organic molecule absolutely indigent to and necessary for life.</p>
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		<title>By: meski</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42949</link>
		<dc:creator>meski</dc:creator>
		<pubDate>Mon, 26 Oct 2009 22:10:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42949</guid>
		<description>Don&#039;t see why steel companies should pay for carbon, they practice carbon sequestration.  :^)    &lt;&lt;-- note tongue-in-cheek emoticon!!!</description>
		<content:encoded><![CDATA[<p>Don&#8217;t see why steel companies should pay for carbon, they practice carbon sequestration.  :^)    &lt;&lt;&thinsp;&#8212;&thinsp;note tongue-in-cheek emoticon!!!</p>
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		<title>By: Evan Beaver</title>
		<link>http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42947</link>
		<dc:creator>Evan Beaver</dc:creator>
		<pubDate>Mon, 26 Oct 2009 22:03:37 +0000</pubDate>
		<guid isPermaLink="false">http://www.crikey.com.au/2009/10/26/ok-i-admit-it-im-a-climate-currency-leakage-sceptic/#comment-42947</guid>
		<description>I can think of 3 previous occasions when the Government has changed regulations, all for health related issues, which would have enormous impact on the bottom line of various businesses;
Lead in petrol
Asbestos products
CFCs as propellants

Is there any evidence that companies moved sales of lead paint off shore to make use of lax regulations, or did they just change their process? Were they compensated for changing their process? Lead was used because it was cheap, didn&#039;t they just pass the costs on?

Was James Hardie compensated for banning of their asbestos products? Quite the opposite I&#039;d say.

What about CFCs? Was there any compensation for change of manufacturing processes and having to use more expensive compounds?


Like Bernard, I think the effects of carbon leakage are greatly overstated; sure as a theory it may occur, but I think the companies involved are deep in some classic rent seeking. The disparity between their shareholder reports and the reports given to Government bare that out. I also think the theory ignores some other potent motivators for doing business in Australia; a stable political climate, huge amounts of resources and abundant cheap energy. Only the last one will change,  making it one of many pieces in the puzzle, not the whole game.</description>
		<content:encoded><![CDATA[<p>I can think of 3 previous occasions when the Government has changed regulations, all for health related issues, which would have enormous impact on the bottom line of various businesses;<br />
Lead in petrol<br />
Asbestos products<br />
CFCs as propellants</p>
<p>Is there any evidence that companies moved sales of lead paint off shore to make use of lax regulations, or did they just change their process? Were they compensated for changing their process? Lead was used because it was cheap, didn&#8217;t they just pass the costs on?</p>
<p>Was James Hardie compensated for banning of their asbestos products? Quite the opposite I&#8217;d say.</p>
<p>What about CFCs? Was there any compensation for change of manufacturing processes and having to use more expensive compounds?</p>
<p>Like Bernard, I think the effects of carbon leakage are greatly overstated; sure as a theory it may occur, but I think the companies involved are deep in some classic rent seeking. The disparity between their shareholder reports and the reports given to Government bare that out. I also think the theory ignores some other potent motivators for doing business in Australia; a stable political climate, huge amounts of resources and abundant cheap energy. Only the last one will change,  making it one of many pieces in the puzzle, not the whole game.</p>
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