The relationship between greenhouse gas (GHG) emissions and temperature is too hard to grasp with words alone.
Climate Change: Profiting Along Side the Proven Scenario
By Nick Hodge
I'd like to take a few moments to talk about proof.
According to Webster, proof is evidence that establishes the truth of something. We need proof to convict criminals. We need proof to make sound decisions. And, at least most of the time, we need proof to act rationally.
But as we've seen in the national political arena of late, proof doesn't seem to be all that important. The corrupt machine that is our Capitol has made erroneous decisions on some matters without proof, and failed completely to act on others where there is overwhelming proof.
Now I'm not going to get into the game of name dropping and card pulling. I'd rather take these few hundred words to offer some truths of my own.
First on the agenda is climate change. Let's talk, if only briefly, about some recent statements by scientists - you know, the guys who know what they're talking about because by the nature of their work they rely only on facts.
The International Panel on Climate Change (IPCC) is the world's most respected authority on the subject. Established in 1988 - that's 20 years ago, people - by the United Nations (UN), the sole purpose of the group is to evaluate the risk of climate change brought on by humans.
I'd like to point out that the mere existence of this group says something about the reality of climate change. I mean, the UN doesn't have a UFO research team or pink elephant research team, does it?
Moving beyond just its existence, let's turn now to its reports. The panel's first report was published in 1990, followed by subsequent ones in 1995, 2001, and, most recently, 2007.
In that latest report, in the section titled, "The Physical Science Basis," the conclusions are as follows:
o Warming of the climate system is unequivocal.
o Most of (>50%) the observed increase in globally averaged temperatures since the mid 20th century is very likely (confidence level >90%) due to the observed increase in anthropogenic (human) greenhouse gas concentrations.
o Hotter temperatures and rises in sea level "would continue for centuries" even if greenhouse gas levels are stabilized, although the likely amount of temperature and sea level rise varies greatly depending on the intensity of human activity during the next century.
o The probability that this is caused by natural climatic processes alone is less than 5%.
o World temperatures could rise between 2.0 and 11.5° F during the 21st century and:
o Sea levels will probably rise by 7.08 to 23.22 inches.
o There is a confidence level >90% that there will be more frequent warm spells, heat waves and heavy rainfall.
o There is a confidence level >66% that there will be an increase in droughts, tropical cyclones and extreme high tides.
o Both past and future anthropogenic carbon dioxide emissions will continue to contribute to warming and sea level rise for more than a millennium.
o Global atmospheric concentrations of carbon dioxide, methane and nitrogen oxide have increased markedly as a result of human activities since 1750 and now far exceed pre-industrial values over the last 650,000 years.
Another section of the IPCC's 2007 reported, "Mitigation of Climate Change," outlines ways to prevent rising temperatures and decrease carbon emissions. And this, my friends, is where the investment opportunities are.
|You see, there is no way to mitigate climate change without heavy and constant investment in clean and efficient technologies. And that's what the folks at Green Chip pride themselves on - finding companies that stand to make the most money while providing solutions to very real and proven problems.
As I've said before, the proof is in the profits. So with that in mind, let's take look at some recent Green Chip recommendations.
The first is Bioteq Environmental Technologies (TSX: BQE). Jeff recommended this stock at the end of April, and we've seen a 42% gain before the mid-August market damage.
We've also seen profits on Comverge Inc. (COMV: NASDAQ), an energy efficiency company. Since Jeff's recommendation in May, this one was up 40% before the mid-August market damage.
And of course you're well aware of World Water & Power (WWAT.OB)...the stock Jeff recommended a couple of years ago when it was trading for only $0.30.
Listen: The grim situations the world is currently facing are real, but there are solutions. Very profitable solutions, just as has been the case with other obstacles in the history of the human race.
I'm once again reminded of the motto for the 1933 Chicago Word's Fair: "Science Finds, Industry Applies, Man Conforms." In terms of current events, we're somewhere between the latter two parts of that phrase.
This is proven stuff. It's up to you to conform - to blaze the trail toward a prosperous and profitable solution.