Key Analysis: According to the Climatic Research Unit of the UK Met Office, the margin of error in estimating global surface temperature is 0.1ºC. That is five times larger than the increment by which 2014 supposedly surpassed 2010.
The 0.8°C warming since 1880 is moderate, non-alarming, and coincides with dramatic improvements in life expectancy, health, and per capita income, and dramatic reductions in mortality related to extreme weather.
EPA’s Clean Power Plan, although potentially costing hundreds of billions of dollars, isunlikely to have any discernible impact on global temperatures, sea-level rise, agricultural output, weather patterns, polar bear populations, or any other climatic variable people care about.
In a world where billions of people still live in energy poverty, inter-governmental ‘cooperation’ (collusion) to rig markets against affordable, plentiful, reliable, scalable carbon fuels is unlikely to be sustainable and potentially a humanitarian disaster.