Is the ocean broken?

Discussion in 'All Things Boats & Boating' started by daiquiri, Oct 24, 2013.

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  1. hoytedow
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    hoytedow Carbon Based Life Form

  2. hoytedow
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    hoytedow Carbon Based Life Form

  3. ImaginaryNumber
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    ImaginaryNumber Imaginary Member

  4. hoytedow
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    hoytedow Carbon Based Life Form

    That's temperature, not climate.
     
  5. hoytedow
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    hoytedow Carbon Based Life Form

  6. hoytedow
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    hoytedow Carbon Based Life Form

  7. ImaginaryNumber
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    ImaginaryNumber Imaginary Member

    Fed moves closer to joining global peers in climate-change fight
    • The Federal Reserve has applied for membership in the Network of Central Banks and Supervisors for Greening the Financial System (NGFS)
    • The Fed is the only major global central bank besides the Reserve Bank of India that is not a member of the NGFS
    • One of the functions of the NGFS is to evaluate the impact of climate change on the economy and financial stability
    • This move harmonizes with president-elect Joe Biden's statement that the US will rejoin the Paris Accord
     
  8. hoytedow
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    hoytedow Carbon Based Life Form

    The Fed moves closer to extinction.
    And Joe Biden is not President-elect yet and if there is any justice he won't be.
     
    Last edited: Nov 20, 2020
  9. Will Gilmore
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    Will Gilmore Senior Member

    Are you sure "Greening" means what you think it means, in this context?

    -Will (Dragonfly)
     
  10. Will Gilmore
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    Will Gilmore Senior Member

    Why do central banks keep making the rich richer? https://www.google.com/amp/s/www.theglobeandmail.com/amp/report-on-business/rob-magazine/mind-the-gap/article23199496/
    "The ECB's QE onslaught, which is supposed to begin in March and vacuum up €60-billion worth of bonds a month, is billed as a last-ditch cure for European economic stagnation and deflation. But other options weren't seriously considered. How about slapping more taxes on the wealthy and reducing them for everyone else? Or cutting tax subsidies for the rich? The Economist says that four times as much public money goes to the wealthiest 20% of Americans for mortgage-interest tax deductions than is spent on social housing for the poorest 20%."

    Wealth is relative. It's more about having more than the other guy than about how much you can actually have. A "Green" agenda in banking is likely to cost a loss of income for the lower classes as the banking industry seeks to mitigate, defer or transfer costs to others. Losing wealth is prefecture fine as long as everyone is losing and you're not losing it as fast as the other guy. Throwing out terms like: equitable, redistribution, tax breaks and stimulus are all great until that first term proves to be untrue.

    I'm not saying the banking industry is only interested in wealth, but there is a reason people choose banking for a career instead of nursing. ;)

    -Will (Dragonfly)
     
  11. ImaginaryNumber
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    ImaginaryNumber Imaginary Member

    I haven't formed much of an opinion as to what 'greening' means in this context. What do you think it means?
     
  12. gonzo
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    gonzo Senior Member

    All of the climate change claims are based on a minute fraction of the Earth's geological eras. In fact, as science shows, life or Earth started over 3.5 billion years ago. Of that time a small percentage was part of twelve different ice ages. The last one started about 18,000 years ago and we are at the end of it. Earth is returning to its natural state: a tropical planet. Proof of this are the oil and coal deposits in the poles.
     
  13. Will Gilmore
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    Will Gilmore Senior Member

    Excellent point.

    Getting more greenbacks, lettuce, dolla-dolla bills, money.

    -Will (Dragonfly)
     
  14. hoytedow
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    hoytedow Carbon Based Life Form


  15. ImaginaryNumber
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    ImaginaryNumber Imaginary Member

    It's certainly true that Earth has been much warmer (and colder) in the distant past than it is now, but for the last 1 million years or so we've been in a ice-age/intra-ice-age cycle, each cycle about 100,000 years long. It's not clear to me why you would say that the natural state of Earth is "tropical?" It seems to me that all of Earth's eras, hot or cold, are "natural" -- except, perhaps, the Anthropocene Epoch we are now in.

    Hominids developed in the last 4 million years, archaic humans in the last 1/2 million years, and human civilization in the last 10,000 years. During most of that time Earth's temperatures have been at or well below what it currently is. If temperatures reach the projected +5C we modern humans will be in unfamiliar water.

    [​IMG]
    Geologic temperature record - Wikipedia https://en.wikipedia.org/wiki/Geologic_temperature_record
    Note that the time scale is quasi-logarithmic
     
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