The Gold Standard

By | December 23, 2009

 

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In 1971, the United States abandoned the gold standard, effectively ending the ability to convert dollars into gold. Now another gold standard has taken its place, i.e., the science produced by the UN’s Intergovernmental Panel on Climate Change (IPCC). According to NOAA Administrator Jane Lubchenco, the IPCC is "the gold standard for authoritative scientific information on climate change because of the rigorous way in which they are prepared, reviewed, and approved." Unfortunately for some, the "gold standard" is at the heart of Climategate.