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The intent is to share insights and generate ideas. Comments can be sent to: cartoon@cartoonste.com

Thursday, October 11, 2012

Why so much smoke and mirrors?

I can understand the fear of the Business Chamber of Commerce and its adherents about the notion of climate change. Doing anything about climate change represents an expense and reduced profits. Not acknowledging it at all avoids all this. I wonder are they really that blind as to the reality?

Always follow the money. The richest 1% will have “a heads up” on the reality of climate change. If they are taking it serious, then they are quietly buying large segments of piedmont land [higher and away from low lying shores] as a hedge against rising sea levels. The value of such land will escalate with rising sea levels. This presupposes a continuing warming trend and other conditions remain the same.

Let us look at the other scenario. There are persistent rumors that the ocean convection current that warms the northern hemisphere is slowing. The warming trend today accelerates arctic ice melting. The breaking away glaciers dump massive amounts of fresh water in the arctic ocean. This creates a change in the salinity of the water that provides the engine for the convection current. Suppose the convection current reaches a tipping point as a result of the salinity change and just stops. The northern hemisphere would be plunged into the perpetual winter of another ice age. Imagine constant snowing for decades. If the richest 1% takes this seriously, they are quietly buying vast stretches of the southwest closest to the border, ON BOTH SIDES! This land would be temperate for a period of time as the ice age takes hold. It will become very valuable.

The message is watch the  richest 1% and “do not listen to what they say, but watch what they do”. Look for tremendous land purchases by Byzantine corporations and hedge funds that obscure the actions and real owners.

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