Anyone who has met Roy Spencer knows him to be a careful, thoughtful, unpolemical scientist of formidable skill and knowledge. With John Christy he presents the monthly real-world data from the microwave sounding unit satellites that provide the least inaccurate global temperature record we have.

The satellites reveal the inconvenient truth that there has been no global warming for approaching two decades.

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The concept of the balance sheet is important to the provision of information over a wide range of human activities, particularly in science and finance.

The weasel words Off Balance Sheet have historically been used by shady businesses to hide items that represent hidden liabilities and risks[1]. They were a significant factor in the build up to the great financial crisis that still stalks the world economy. The technique is also used by politicians: notoriously, for example, by Britain’s New Labour Administration in the form of the Private Finance Initiative. The alarming scale of the liabilities only emerged after the departure from office of the instigator, Gordon Brown. It is still in use, however, in the form of stealth taxes: the outrageous cost of ineffectual wind-turbines and their deleterious effect on the National Grid, for example, is cynically loaded onto the energy bills to suffering customers and does not appear in the (allegedly now more open) taxation and expenditure figures. It is a cruel regressive tax that is responsible for a substantial and continuous increase in the miseries of real poverty.

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This well at Kom Umbu on the banks of the Nile River was built in Roman times. It was connected to the river. The relationship could be calculated between the number of steps inundated each year and the extent of the area that was inundated by beneficial flood water, and was therefore taxable,. This was the world’s first prediction model!

Today in some Western nations, taxes are levied to control greenhouse gas emissions into the atmosphere that are claimed to result in undesirable climate change.

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Many thanks for the invitation to attend your conference and to speak here. I appreciate that a mere politician, a former economist, has been invited to address this well-known gathering of highly respected scientists. If I understand it correctly, this year´s seminar is devoted to the discussion of the role of science and of “planetary emergencies”.

To the first topic, I want to say very clearly that I don´t see a special role for science which would be different from doing science. I have, of course, in mind “normal science”, not a “post-normal science” whose ambitions are very often connected with political activism. The role of scientists is not in speculating on the probabilities of events that cannot be directly measured and tested, nor in promoting a pseudo-scientific “precautionary principle”, nor in engaging in activities which are the proper function not of scientists but of risk managers.

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Alarmists rarely attack, or even mention the Climate Money paper I did in 2009. It’s an own goal to draw attention to the fact that skeptics are paid a pittance, while the alarm industry soaks in extended baths of cash, grants, and junkets, and the vested interests are a magnitude larger. Exxon might lose some money if a carbon tax comes in, but the world will still need oil. The same can’t be said for ACME-Solar. If a carbon scheme falls over, so does a Solyndra.

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How the regulating class is using claims about climate change to entrench and extend their economic privileges and political control. Climate change is also a freedom issue. We are being presented with only one “solution” to the “problem” of climate change, namely a lot more regulation by our governing bureaucratic class.

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Insurance costs related to life and property damages caused by extreme weather events have been steadily rising in the United States and elsewhere; and it is not uncommon for many in the insurance industry and government to place the blame for this development on what they claim are significant increases in the frequencies and intensities of severe weather events, since climate models suggest that these phenomena should be increasing as a consequence of CO2-induced global warming. But is this explanation correct? The following material reviews this question as it pertains to hail storms.

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Senate testimony of Dr. John Christy, August 2012

It is popular again to claim that extreme events, such as the current central U.S. drought, are evidence of human-caused climate change. Actually, the Earth is very large, the weather is very dynamic, and extreme events will continue to occur somewhere, every year, naturally. The recent “extremes” were exceeded in previous decades.

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Get ready — for all the fears of extreme weather coming our way — studies of Queensland, Victoria, the whole of SE Australia, New Zealand, and Perth show that either nothing is changing (there have always been bad storms) or possibly, the weather is better now than it used to be. Where is the evidence to support the claims by alarmists that increasing CO2 will make “extreme weather” more common?

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