Friday, August 02, 2013

Trees in the mist

Ronald Reagan is widely quoted as having said trees cause more pollution than automobiles do.

Not true of course, but not entirely without foundation either. Trees and other vegetation, particularly conifers, emit terpenes, aromatic chemicals whose generic name is derived from turpentine. The delightful aroma of pine resin in conifer woodlands comes from chemicals such as α-pinene and β-pinene.

Yet according to the National Physical Laboratory :-

  • In addition to anthropogenic emissions, the earth’s natural vegetation releases huge amounts of organic compounds into the air.
  • An estimated 1300 Tg C of terpenes a year are emitted, 10 times more than anthropogenic emissions.

 As far as climate is concerned, the NPL has this to say:-

  • Terpene emissions are expected to rise sharply as global temperatures rise.
  • As carbon dioxide levels increase, the earth will warm and higher levels of terpenes will be emitted.
  • This will increase cloud formation, which will increase the optical thickness of clouds resulting in an increase in the reflection of sunlight back into space.
  • Terpenes constitute a significant potential for feedback mechanisms in the climate.
  • Terpenes also mediate the generation of ozone in the lower atmosphere.

 Dramatic stuff - even somewhat over-dramatic. Yet all this does not imply Reagan was correct because terpenes are not pollutants. They may be involved in the photochemical reactions which give that attractive haze over distant forests, but haze isn’t smog and doesn’t have the same effect on lungs and mucous membranes.

Without oxides of nitrogen from, for example vehicle exhaust emissions, tree terpenes alone would not cause the notorious photochemical smog which first appeared in Los Angeles in the 1940s and subsequently other large, sunny cities.

To my mind, this is why electric vehicles such as trams make sense in large cities, especially those where photochemical smogs are a problem. The issue isn’t CO2 emissions as many now seem to suppose, but old-fashioned air pollution such as oxides of nitrogen, unburned fuel and particulates. Sunlight just adds to the problem but that was there long before we decided to whizz around in metal boxes.

Electric vehicles are not pollution-free modes of transport of course. They are effectively powered by whatever is used to recharge their batteries, but any polluting effects are moved away from the city to the power station and subject to simpler and more stringent regulation.

Reagan pointed the finger at trees, climate alarmists point to CO2 and as so often a fog of dramatic misdirection hits the headlines.

Anthropogenic fog?

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

Thursday, August 01, 2013

World Tweet Like A Celeb Day!

Why wait to become famous to act like it? Let's make August 1st Tweet Like A Celeb Day and load up the Internet with our garbage.

Rules:

1. Tell everybody what you're doing, as often as possible - but only the unimportant stuff
2. Retweet everyone else's rubbish
3. No libel, insults etc

I have an extra rule, employed by the famous: to be a Twitter winner, you need at least as many followers as the number you follow. So I will only follow those who follow me, plus anybody who retweets my stuff.

Good luck!

UPDATE (2 Aug 2013)

Well, that was a damp squib! Mind you, I can't blame anybody, for I got bored talking about myself in very short order - how on earth do celebs manage it? So tiring.

On the plus side, at least one Twitter follower has delisted me, but I can't be bothered to find out who.

Who reads tweets anyhow? If you follow a lot of people then each message soon gets pushed lower down as the list lengthens. You'd have to be online practically all the time. Is this service tailor made for iPhone owners with OCD?

Thanks to Bill Quango and Paddington for their comments.

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

Wednesday, July 31, 2013

Win a bottle of wine!

 
The above image is a snapshot of the Windows Media Player graphic accompaniment to the sound track of a BBC radio programme. A bottle of Somerfield red wine goes to the first person to guess the programme.
 
UPDATE (2 Aug 2013):
 
Nobody guessed, yet surely Media Player is a sound fingerprint! The answer is Count Arthur Strong, appearing on Mark Radcliffe's Radio 2 late-night programme in 2005.
 
All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

Tuesday, July 30, 2013

Coppola: Gold backing would destroy the US dollar

In a new article for Pieria, Frances Coppola argues that fixed currency systems can't cope with rapid change in the balance of international trade. Reverting to the gold standard would force the US to balance its books, but this would slam on the brakes so hard that a depression would ensue and foreign countries would have to find an alternative to the US dollar.

As matters stand, says Martin Armstrong, "The dollar is setting up to be the ONLY viable currency."

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

Sunday, July 28, 2013

Dark Snow


Back in February I did a piece  on World Voices about ice melt in Greenland, and linked to a blog by environmental scientist Jason Box. His theory is that the melting is accelerated by particle pollution from burning forests and fossil fuels - a fine layer of this soot settles on the ice and increases absorption of solar radiation.

Since then, the Guardian newspaper has picked up on the story (12 June 2013), and now he's featured in the current (31 July) edition of Rolling Stone magazine (subscription required), in an article by Bill McKibben entitled "The Ice Maverick".

The theory is comprehensible and plausible, whatever the debate about global warming generally. Professor Box is seeking crowdfunding for his research - please see the Dark Snow website here.

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

Saturday, July 27, 2013

Pencil and paper climate model

This post from Steve McIntyre is worth a look if you haven’t seen it. It’s a comparison of a simple pencil and paper climate temperature model published in 1938 with modern computer models.

Entertaining - but not so much when we recall how energy policies have been distorted by climate model projections.

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.

Thursday, July 25, 2013

Fighting the Government for savers and against inflation (5)

In which token action is grudgingly promised:

MP to me, 14 July:

I accept that there are issues about access from time to time. I will write to the minister about this. The table office are very picky about how questions are put to ministers and normally edit them.

Would you please give me a reference to the comments from 1975?

Me to MP, same day:


Mr. Neubert

Does the Minister accept that the opportunity to invest in inflation-proof schemes is an act of belated social justice to millions of people who have seen their savings irreversibly damaged during the recent rapid rise in the rate of inflation? Will he make recompense to many of them by easing up on his vindictive attacks on the principle of savings embodied in the capital transfer tax and the wealth tax?

§Mr. Barnett

The hon. Gentleman has put his supplementary question at the wrong time, because National Savings are rising very well at present. I am sure he will be delighted to hear that. As to what he called "belated social justice", I am sure he will pay due attention to the fact that the scheme was introduced by a Labour Government and not by a Conservative Government.

Mr. Nott

Is the Chief Secretary confident that a further extension of index-linked schemes—which are welcome to savers—will not cause a diversion of funds away from deposits with building societies, leading to a rise in the mortgage interest rate?

§Mr. Barnett

We are, indeed, aware of those problems. That is precisely why we introduced the scheme in this limited way.

Hansard record of House of Lords debate, 4 November 1975:
http://hansard.millbanksystems.com/lords/1975/nov/04/national-savings-schemes

Lord LEE of NEWTON

My Lords, does my noble friend agree that while the index-linked schemes are extremely good value for money, it would be a good idea—as inflation has been rather rampant—to increase the maximum amount that can be invested in them?

§Lord JACQUES

My Lords, the Government have two conflicting obligations. One is an obligation to the taxpayer to buy goods and services as economically as possible, and secondly there are certain social obligations. The Government believe that by the action they have taken they have got the right balance.

MP to me, 22 July:

I will ask [my researcher] to put these points to the minister with the suggestion that a small number of index linked bonds should be made available with a limit as to how much any one person can hold.

My comments:

"... small number... limit..." - I don't understand the implicit attitude. Mr Hemming has no Treasury or economic brief in this Coalition; why so reluctant to protect savers against theft by inflation?

Also, no reply from the Telegraph journalist or either of the Treasury ministers, whom I Tweeted in Part 4.

All original material is copyright of its author. Fair use permitted. Contact via comment. Nothing here should be taken as personal advice, financial or otherwise. No liability is accepted for third-party content, whether incorporated in or linked to this blog; or for unintentional error and inaccuracy. The blog author may have, or intend to change, a personal position in any stock or other kind of investment mentioned.