Posts

Image
May 2025 MONEY WASTED ON ETHANOL AS CAR FUEL NOAS IS DISCONTINUING THIS BILLION DOLLAR BOONDOGGLE  Michael Crichton Lecture at CalTech 2003 I want to pause here and talk about this notion of consensus, and the rise of what has been called  consensus science. I regard consensus science as an extremely pernicious development that ought to be stopped cold in its tracks. Historically, the claim of consensus has been the first  refuge of scoundrels; it is a way to avoid debate by claiming that the matter is already settled. Whenever you hear the consensus of scientists agrees on something or other, reach for your  wallet, because you’re being had. Let’s be clear: the work of science has nothing whatever to do with consensus. Consensus is the  business of politics. Science, on the contrary, requires only one investigator who happens to be  right, which means that he or she has results that are verifiable by reference to the real world. In  science consensus ...
Image
Scientific Consensus - Ice Age Coming 1978 ____________________________ January 2, 2025  Major Banks Quit Net Zero Banking Alliance Morgan Stanley follows Citi, BofA in quitting climate group NZBA - Investment News Morgan Stanley terminated its membership of a major climate-banking group, joining a wave of Wall Street firms that recently quit a global alliance intended to aid the reduction of greenhouse-gas emissions. Morgan Stanley is leaving the Net-Zero Banking Alliance, the lender said on Thursday. Citigroup Inc. and Bank of America Corp. said earlier this week that they were doing the same.  The defections are playing out against a tense political backdrop in the US, as the country’s biggest financial firms find themselves the targets of Republican campaigns that have characterized net zero groups as climate cartels. Such attacks have picked up, and as recently as November, Texas led a move to sue BlackRock Inc., Vanguard Group Inc., and State Street Corp. for allegedly b...