Discussion:
The market says global warming is happening
(too old to reply)
Unum
2019-03-08 18:29:12 UTC
Permalink
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen

Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.

"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."

Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.

"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
Catoni
2019-03-08 23:44:58 UTC
Permalink
"The market says global warming is happening"
Well of course global warming is hapening. And thank "God" for it.

No desire to return to the Little Ice Age. But thanks for the offer.

I suppose you would prefer it to be getting colder with "Global Cooling" ? ?

Everyone here where I live is waiting for Winter to end and Spring to arrive... Sick of the freezing snow and ice, dead plants, no flowers, no green..... just leafless trees....

We want our nice hot summer back..... the sooner the better.
Unum
2019-03-09 04:20:06 UTC
Permalink
Post by Catoni
"The market says global warming is happening"
Well of course global warming is hapening. And thank "God" for it.
Stinking pile of hate.
Kym Horsell
2019-03-09 00:25:57 UTC
Permalink
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
...
The important part is how quick can we return to comfortable pre-human conditions.

We're only at an atm now that hasn't been seen for 20 million years.
Last time saw sea levels that were ~10m higher than now.

But surely we can do better.

Given another century of BAU let's hope for stupendous profits and sea levels
returning to their nachl +100m position, taking out those ugly Great Lakes
(~75m) and most of western Canada (~100m).

It'll be great!
Chom Noamsky
2019-03-09 02:07:24 UTC
Permalink
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!

This means everything is already being taken care of by the market.

No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
Unum
2019-03-09 04:22:53 UTC
Permalink
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
Chom Noamsky
2019-03-09 16:39:01 UTC
Permalink
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Unum
2019-03-09 18:43:42 UTC
Permalink
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
Chom Noamsky
2019-03-09 20:09:14 UTC
Permalink
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate
model projections"

Q: If this is true, then what do you need government intervention for?

A: ___________________________________________________________________
Unum
2019-03-10 00:17:16 UTC
Permalink
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate model
projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty energy
subsidies, unimpeded pollution, and almost free access to mining of
federal land for example.

Pretty darn obvious, sparky. How many times do you need to read it?
JTEM is Remarkably Flexible
2019-03-10 01:22:27 UTC
Permalink
Post by Unum
For things that the financial markets have
Why on earth would you imagine them caring about the climate?
The financial markets care about finances. They are chasing a
buck. And, in this case they're worried about making a buck post
oil crash.

Ironically, if "Alternatives" could get the job done there would be
no "Adjustments" to the market -- the wind & solar would simply
replace fossils and everything would run as it always had.





-- --

http://jtem.tumblr.com/post/111684851108
Chom Noamsky
2019-03-10 02:07:48 UTC
Permalink
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon
taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate
model projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty energy
subsidies, unimpeded pollution, and almost free access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Catoni
2019-03-10 02:17:57 UTC
Permalink
Post by Chom Noamsky
So you lied and financial markets don't fully incorporate climate
model projections?
Unum lies... and lies.. and lies... and lies..

That's why I call him "Unum" the Liar.
Unum
2019-03-10 21:13:32 UTC
Permalink
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study
on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures
markets were
formed."
Basically, futures prices are reflecting the model predictions that
there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate model
projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty energy
subsidies, unimpeded pollution, and almost free access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was no claim
that "everything is already being taken care of by the market" and chumpsky is
full of shit yet again.

"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
Chom Noamsky
2019-03-11 14:18:10 UTC
Permalink
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research
study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather
futures markets were
formed."
Basically, futures prices are reflecting the model predictions
that there will
be fewer cold days and more hot days as a result of man-made
climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate
change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the
observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate
models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find
parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon
taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate
model projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty energy
subsidies, unimpeded pollution, and almost free access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was no
claim that "everything is already being taken care of by the market" and
chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
Unum
2019-03-11 22:17:58 UTC
Permalink
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study
on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate
model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher
Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures
markets were
formed."
Basically, futures prices are reflecting the model predictions that
there will
be fewer cold days and more hot days as a result of man-made climate
change.
"There are also policy implications of our findings, especially
since some
politicians still question the existence and extent of climate
change," they
observe. "Anyone doubting the observed warming trend can make a
significant
profit by betting against it in weather markets. However, the
observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate models
have been
very accurate in predicting the average warming trend that's been
observed
across the US. When money is on the line, it is hard to find parties
willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate
model projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty energy
subsidies, unimpeded pollution, and almost free access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was no claim
that "everything is already being taken care of by the market" and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
Chom Noamsky
2019-03-11 22:52:09 UTC
Permalink
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be
facts into
prices. An intriguing new National Bureau of Economic
Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate
climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather
futures markets were
formed."
Basically, futures prices are reflecting the model
predictions that there will
be fewer cold days and more hot days as a result of man-made
climate change.
"There are also policy implications of our findings,
especially since some
politicians still question the existence and extent of
climate change," they
observe. "Anyone doubting the observed warming trend can make
a significant
profit by betting against it in weather markets. However, the
observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate
models have been
very accurate in predicting the average warming trend that's
been observed
across the US. When money is on the line, it is hard to find
parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon
taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate
climate model projections"
Q: If this is true, then what do you need government intervention for?
___________________________________________________________________
For things that the financial markets have no effect on. Dirty
energy subsidies, unimpeded pollution, and almost free access to
mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was
no claim that "everything is already being taken care of by the
market" and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
Unum
2019-03-11 23:51:19 UTC
Permalink
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be
facts into
prices. An intriguing new National Bureau of Economic Research
study on market
expectations about climate change looks at the price trends of
Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate
climate model
projections," conclude Columbia University's agricultural and
resource
economist Wolfram Schlenker and sustainable development researcher
Charles
Taylor. "We find that the market has been accurately pricing in
climate
change, largely in line with global climate models, and that this
began
occurring at least since the early 2000s when the weather futures
markets were
formed."
Basically, futures prices are reflecting the model predictions
that there will
be fewer cold days and more hot days as a result of man-made
climate change.
"There are also policy implications of our findings, especially
since some
politicians still question the existence and extent of climate
change," they
observe. "Anyone doubting the observed warming trend can make a
significant
profit by betting against it in weather markets. However, the
observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate models
have been
very accurate in predicting the average warming trend that's been
observed
across the US. When money is on the line, it is hard to find
parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate
model projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty energy
subsidies, unimpeded pollution, and almost free access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was no
claim that "everything is already being taken care of by the market" and
chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Chom Noamsky
2019-03-12 06:16:54 UTC
Permalink
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to
be facts into
prices. An intriguing new National Bureau of Economic
Research study on market
expectations about climate change looks at the price trends
of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully
incorporate climate model
projections," conclude Columbia University's agricultural
and resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately
pricing in climate
change, largely in line with global climate models, and
that this began
occurring at least since the early 2000s when the weather
futures markets were
formed."
Basically, futures prices are reflecting the model
predictions that there will
be fewer cold days and more hot days as a result of
man-made climate change.
"There are also policy implications of our findings,
especially since some
politicians still question the existence and extent of
climate change," they
observe. "Anyone doubting the observed warming trend can
make a significant
profit by betting against it in weather markets. However,
the observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate
models have been
very accurate in predicting the average warming trend
that's been observed
across the US. When money is on the line, it is hard to
find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon
taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and
almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate
climate model projections"
Q: If this is true, then what do you need government
intervention for?
___________________________________________________________________
For things that the financial markets have no effect on. Dirty
energy subsidies, unimpeded pollution, and almost free access to
mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was
no claim that "everything is already being taken care of by the
market" and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Yer caught in a round room and caint find the corner.
Unum
2019-03-12 14:39:21 UTC
Permalink
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be
facts into
prices. An intriguing new National Bureau of Economic Research
study on market
expectations about climate change looks at the price trends of
Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate
climate model
projections," conclude Columbia University's agricultural and
resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately pricing in
climate
change, largely in line with global climate models, and that
this began
occurring at least since the early 2000s when the weather
futures markets were
formed."
Basically, futures prices are reflecting the model predictions
that there will
be fewer cold days and more hot days as a result of man-made
climate change.
"There are also policy implications of our findings, especially
since some
politicians still question the existence and extent of climate
change," they
observe. "Anyone doubting the observed warming trend can make a
significant
profit by betting against it in weather markets. However, the
observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate
models have been
very accurate in predicting the average warming trend that's
been observed
across the US. When money is on the line, it is hard to find
parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon
taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and
almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate
model projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty energy
subsidies, unimpeded pollution, and almost free access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was no
claim that "everything is already being taken care of by the market" and
chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Yer caught in a round room and caint find the corner.
So now neither me nor my source lied, and you lied? chumpsky gets his ass
kicked on the internet every day, lol.
Chom Noamsky
2019-03-12 18:22:36 UTC
Permalink
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe
to be facts into
prices. An intriguing new National Bureau of Economic
Research study on market
expectations about climate change looks at the price
trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully
incorporate climate model
projections," conclude Columbia University's agricultural
and resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately
pricing in climate
change, largely in line with global climate models, and
that this began
occurring at least since the early 2000s when the weather
futures markets were
formed."
Basically, futures prices are reflecting the model
predictions that there will
be fewer cold days and more hot days as a result of
man-made climate change.
"There are also policy implications of our findings,
especially since some
politicians still question the existence and extent of
climate change," they
observe. "Anyone doubting the observed warming trend can
make a significant
profit by betting against it in weather markets. However,
the observed annual
trend in futures prices shows that the
supposedly-efficient financial markets
agree that the climate is warming. At least so far,
climate models have been
very accurate in predicting the average warming trend
that's been observed
across the US. When money is on the line, it is hard to
find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by
the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies,
carbon taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution,
and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate
climate model projections"
Q: If this is true, then what do you need government
intervention for?
___________________________________________________________________
For things that the financial markets have no effect on. Dirty
energy subsidies, unimpeded pollution, and almost free access
to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There
was no claim that "everything is already being taken care of by
the market" and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Yer caught in a round room and caint find the corner.
So now neither me nor my source lied, and you lied? chumpsky gets his ass
kicked on the internet every day, lol.
Yer caught in yer own vicious vortex of circular logic. Markets price in
the cost of global warming... markets don't price in the cost of global
warming. Wear a helmet cuz yer gonna get dizzy and hit yer head on the
sidewalk.
Unum
2019-03-14 23:53:05 UTC
Permalink
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be
facts into
prices. An intriguing new National Bureau of Economic Research
study on market
expectations about climate change looks at the price trends of
Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate
climate model
projections," conclude Columbia University's agricultural and
resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately pricing
in climate
change, largely in line with global climate models, and that
this began
occurring at least since the early 2000s when the weather
futures markets were
formed."
Basically, futures prices are reflecting the model predictions
that there will
be fewer cold days and more hot days as a result of man-made
climate change.
"There are also policy implications of our findings,
especially since some
politicians still question the existence and extent of climate
change," they
observe. "Anyone doubting the observed warming trend can make
a significant
profit by betting against it in weather markets. However, the
observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate
models have been
very accurate in predicting the average warming trend that's
been observed
across the US. When money is on the line, it is hard to find
parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the
market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon
taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and
almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate
climate model projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
For things that the financial markets have no effect on. Dirty
energy subsidies, unimpeded pollution, and almost free access to
mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was no
claim that "everything is already being taken care of by the market"
and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Yer caught in a round room and caint find the corner.
So now neither me nor my source lied, and you lied? chumpsky gets his ass
kicked on the internet every day, lol.
Yer caught in yer own vicious vortex of circular logic. Markets price in the
cost of global warming... markets don't price in the cost of global warming.
Wear a helmet cuz yer gonna get dizzy and hit yer head on the sidewalk.
So much brainless blabbering. Markets price in the cost of global warming,
which doesn't mean that "everything is already being taken care of by the
market". Keep on running!
Chom Noamsky
2019-03-15 22:43:04 UTC
Permalink
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe
to be facts into
prices. An intriguing new National Bureau of Economic
Research study on market
expectations about climate change looks at the price
trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully
incorporate climate model
projections," conclude Columbia University's
agricultural and resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately
pricing in climate
change, largely in line with global climate models, and
that this began
occurring at least since the early 2000s when the
weather futures markets were
formed."
Basically, futures prices are reflecting the model
predictions that there will
be fewer cold days and more hot days as a result of
man-made climate change.
"There are also policy implications of our findings,
especially since some
politicians still question the existence and extent of
climate change," they
observe. "Anyone doubting the observed warming trend
can make a significant
profit by betting against it in weather markets.
However, the observed annual
trend in futures prices shows that the
supposedly-efficient financial markets
agree that the climate is warming. At least so far,
climate models have been
very accurate in predicting the average warming trend
that's been observed
across the US. When money is on the line, it is hard to
find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by
the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies,
carbon taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution,
and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate
climate model projections"
Q: If this is true, then what do you need government
intervention for?
___________________________________________________________________
For things that the financial markets have no effect on.
Dirty energy subsidies, unimpeded pollution, and almost free
access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There
was no claim that "everything is already being taken care of by
the market" and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Yer caught in a round room and caint find the corner.
So now neither me nor my source lied, and you lied? chumpsky gets his ass
kicked on the internet every day, lol.
Yer caught in yer own vicious vortex of circular logic. Markets price
in the cost of global warming... markets don't price in the cost of
global warming. Wear a helmet cuz yer gonna get dizzy and hit yer head
on the sidewalk.
Yes, everything is already being taken care of by the market.
Glad you agree!
Unum
2019-03-16 01:31:15 UTC
Permalink
Post by Chom Noamsky
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to
be facts into
prices. An intriguing new National Bureau of Economic
Research study on market
expectations about climate change looks at the price trends
of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate
climate model
projections," conclude Columbia University's agricultural
and resource
economist Wolfram Schlenker and sustainable development
researcher Charles
Taylor. "We find that the market has been accurately pricing
in climate
change, largely in line with global climate models, and that
this began
occurring at least since the early 2000s when the weather
futures markets were
formed."
Basically, futures prices are reflecting the model
predictions that there will
be fewer cold days and more hot days as a result of man-made
climate change.
"There are also policy implications of our findings,
especially since some
politicians still question the existence and extent of
climate change," they
observe. "Anyone doubting the observed warming trend can
make a significant
profit by betting against it in weather markets. However,
the observed annual
trend in futures prices shows that the supposedly-efficient
financial markets
agree that the climate is warming. At least so far, climate
models have been
very accurate in predicting the average warming trend that's
been observed
across the US. When money is on the line, it is hard to find
parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the
market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon
taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and
almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate
climate model projections"
Q: If this is true, then what do you need government intervention
for?
___________________________________________________________________
For things that the financial markets have no effect on. Dirty
energy subsidies, unimpeded pollution, and almost free access to
mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article? There was
no claim that "everything is already being taken care of by the
market" and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Yer caught in a round room and caint find the corner.
So now neither me nor my source lied, and you lied? chumpsky gets his ass
kicked on the internet every day, lol.
Yer caught in yer own vicious vortex of circular logic. Markets price in
the cost of global warming... markets don't price in the cost of global
warming. Wear a helmet cuz yer gonna get dizzy and hit yer head on the
sidewalk.
Yes, everything is already being taken care of by the market.
Glad you agree!
And this is how chumpsky runs awaaaay!
R Kym Horsell
2019-03-16 02:00:55 UTC
Permalink
...
Post by Unum
Post by Chom Noamsky
Glad you agree!
And this is how chumpsky runs awaaaay!
The great thing about deniers --
no matter all the squeaking and woofing you know that
ULTIMATELY their nature is all about running away from things.
--
[I'm sorry, I forgot to take my sane pill this morning:]
Post by Unum
If the scientific consensus [AGW] is wrong, then what's the correct answer?
What is the correct answer to not a question?
It is the same as the answer to your thingy!

-- Will Janoschka, 21 Apr 2012 20:15:15 Pacific
Chom Noamsky
2019-03-17 18:16:02 UTC
Permalink
Post by Chom Noamsky
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants
believe to be facts into
prices. An intriguing new National Bureau of Economic
Research study on market
expectations about climate change looks at the price
trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully
incorporate climate model
projections," conclude Columbia University's
agricultural and resource
economist Wolfram Schlenker and sustainable
development researcher Charles
Taylor. "We find that the market has been accurately
pricing in climate
change, largely in line with global climate models,
and that this began
occurring at least since the early 2000s when the
weather futures markets were
formed."
Basically, futures prices are reflecting the model
predictions that there will
be fewer cold days and more hot days as a result of
man-made climate change.
"There are also policy implications of our findings,
especially since some
politicians still question the existence and extent
of climate change," they
observe. "Anyone doubting the observed warming trend
can make a significant
profit by betting against it in weather markets.
However, the observed annual
trend in futures prices shows that the
supposedly-efficient financial markets
agree that the climate is warming. At least so far,
climate models have been
very accurate in predicting the average warming trend
that's been observed
across the US. When money is on the line, it is hard
to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of
by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies,
carbon taxes, international agreements, etc.
No need for dirty energy subsidies, unimpeded
pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for
gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully
incorporate climate model projections"
Q: If this is true, then what do you need government
intervention for?
___________________________________________________________________
For things that the financial markets have no effect on.
Dirty energy subsidies, unimpeded pollution, and almost
free access to mining of
federal land for example.
Pretty darn obvious, sparky. How many times do you need to read it?
So you lied and financial markets don't fully incorporate climate
model projections?
Still lying about the clearly stated text of the article?
There was no claim that "everything is already being taken
care of by the market" and chumpsky is
full of shit yet again.
"the observed annual trend in futures prices shows that the supposedly-
efficient financial markets agree that the climate is warming."
So both you and your source lied?
"The evidence shows that financial markets fully incorporate climate
model projections", so keep on running!
If dat troo den why need gubbermint intervention at all?
So now neither me nor my source lied, and you lied? Keep on running.
Yer caught in a round room and caint find the corner.
So now neither me nor my source lied, and you lied? chumpsky gets his ass
kicked on the internet every day, lol.
Yer caught in yer own vicious vortex of circular logic. Markets
price in the cost of global warming... markets don't price in the
cost of global warming. Wear a helmet cuz yer gonna get dizzy and
hit yer head on the sidewalk.
Yes, everything is already being taken care of by the market.
Glad you agree!
I'm getting super angry because Chom won't take me theriosuly!
There are pills for that.

columbiaaccidentinvestigation
2019-03-12 04:24:59 UTC
Permalink
Post by Unum
Post by Unum
Post by Chom Noamsky
Post by Unum
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
Why would you think that, dimwit?
Post by Chom Noamsky
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
No need for dirty energy subsidies, unimpeded pollution, and almost free
access to mining of federal land either, right?
So you lied and the market isn't pricing for gwubble-looning?
Yawn, keep on running!
"The evidence shows that financial markets fully incorporate climate
model projections"
Q: If this is true, then what do you need government intervention for?
A: ___________________________________________________________________
to keep the risks low, as to allow businesses to better manage risks, regional planners would be prudent to mitigate the effects, and move to an energy source that is not connected to the problem
columbiaaccidentinvestigation
2019-03-11 16:02:13 UTC
Permalink
Post by Chom Noamsky
Post by Unum
https://reason.com/blog/2019/03/05/the-market-says-climate-change-is-happen
Markets are superb at turning what participants believe to be facts into
prices. An intriguing new National Bureau of Economic Research study on market
expectations about climate change looks at the price trends of Chicago
Mercantile Exchange (CME) weather futures contracts.
"The evidence shows that financial markets fully incorporate climate model
projections," conclude Columbia University's agricultural and resource
economist Wolfram Schlenker and sustainable development researcher Charles
Taylor. "We find that the market has been accurately pricing in climate
change, largely in line with global climate models, and that this began
occurring at least since the early 2000s when the weather futures markets were
formed."
Basically, futures prices are reflecting the model predictions that there will
be fewer cold days and more hot days as a result of man-made climate change.
"There are also policy implications of our findings, especially since some
politicians still question the existence and extent of climate change," they
observe. "Anyone doubting the observed warming trend can make a significant
profit by betting against it in weather markets. However, the observed annual
trend in futures prices shows that the supposedly-efficient financial markets
agree that the climate is warming. At least so far, climate models have been
very accurate in predicting the average warming trend that's been observed
across the US. When money is on the line, it is hard to find parties willing
to bet against the scientific consensus."
WONDERFUL!!!
This means everything is already being taken care of by the market.
No need for government intervention, green subsidies, carbon taxes,
international agreements, etc.
So you are assuming risk did not increase because and wont have a negative impact on the markets just because they know the risks increase is connected to global warming?

Of course mitigation is needed you idiot
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