This is long, probably an hour and a bit, BUT, if you want to understand the economic potential and the hazards that exist this may be the most important presentation you will ever listen to.
Great presentation. Hits all the right topics. Ultimately, change starts at the top. Pushing your country’s citizens to realize the negative impact of burning fossil fuels is paramount. And what is trump doing with his powerful role? He’s embracing the coal industry. All you need to know folks.
This is a joke. Sure climate change is real and more carbon my help it. But NOBODY TALKS ABOUT THE SUN! Like whatever happened to discussing all the issues including grand solar minimums. Remember why did the Vikings stop farming in Iceland and Greenland? It was not because of coal, but the sun. Sadly the massive are ignorant and just focus on green tech. Like saying mining underwater for rare metals for green tech is a joke. Saying we need new technology is a joke. We have nuclear power. Even bill gates spent money in developing new nuclear power plants. Sure some say well Obama helped push bio fuels. Millions of acres of pasture and carbon sinks were destroyed because of Obama. Now what do environmentalists do? They push for carbon credits. If they got rid of ethanol naturally there’d millions of acres of pasture instead of corn. The government and environmentalists are trying to undo their past mistakes by interfering more. Even Leonardo DiCaprios foundation says bio fuel like ethanol is just as bad as fossil fuels. We have enough uranium to power all the US, but no let’s fund more wasteful programs.
Climate scientists also never mention how the sun has cycles. Like the Vikings farmed in Greenland and Iceland and then the sun changed and temperatures dropped. Historians really should be speaking up.
A large % of the earth is uninhabitable or only marginally inhabitable because it is too cold. There is nowhere in the world which is uninhabitable because of being too hot. After being on TH-cam for three years this video has 13,454 views and few comments. That shows that people as a whole are not at all concerned about climate change. Have you noticed your electricity bill dropping rapidly as solar and wind produce more and more electricity? No? I haven't either.
Alas, you can't grow crops in the podsol under current boreal forests without huge soil amendments. Our breadbaskets can't migrate polewards. I've watched this space for 33 years. 25 years ago,, watching the evil merchants of disinformation in action, and the US GDP and Australian LPA making climate science denial a point of religious dogma, I decided it would be morally unconscionable to have children. Every subsequent year has confirmed me in this decision. We're going to exit this century with a global population under 5 billion, thanks in part to misinformed, or willfully ignorant, climate deniers like yourself.
Mean temperature its not the issue. Its the climate Change and weather variability leading to reduced capability to support the population. I habe rooftop solar and consequently free heat pump hot water heating. Electric bill definitely improved
The idea that CO2 is responsible for all of the change for interglacial to glacial conditions is nonsense. The range of temperature change across the glacial-interglacial boundary is around 5 degrees C globally Rind and Peteet, 1985. In Greenland it was around 23 degrees C and 10 degrees C in Antarctica. We know this from ice core data from both Greenland and Antarctica. On the termination of glacial phases (warming)CO2 lags temperature by 800 to 2800 years, Petit et al, Nature 1999, Siegenthaler 2005, Caillon et al, 2003; therefore temperature came first, CO2 followed temperature. Using modelling with all its assumptions and potential biases Lorius et al, 1990 calculated that greenhouse gases were responsible for 40% of the warming at glacial termination (warming) despite the lag. Something else caused the initiation of glacial phases. On the initiation of glacial phases (cooling) ice data show that CO2 has nothing to do with the descent into cold. The lag between temperature drop and CO2 drop is up to 14,000 years Petit et al, 1999, Fisher et al, Science, 1999. In other words the planet dropped into cold glacial conditions and CO2 did not respond for 10 to 14,000 years. With regard to the global climate chart that Mr. Grantham showed alleging acceleration of temperature in the late 2oth century both the International Panel on Climate Change and Hubert Lamb, the "father of climatology'", as well as several other scientists have a much different view. Cooling period 1945-1978.The first IPCC report in 1990 stated that the period from 1940s to the 1970s was a period of cooling in the northern hemisphere. Professor Hubert Lamb of the university of East Anglia writing in 1988 in his classic book Weather, Climate and Human Affairs stated "Since 1945-1950 the global average temperature has fallen again somewhat, despite an even greater production of carbon dioxide by human activity. this suggests a natural climatic fluctuation that is strong enough to outweigh the effect of the increasing amount of carbon dioxide". this cooling period is described by Lowell Ponte in his book " The Cooling" 1976. During this period many scientists and much of the media believed we were heading into another ICE Age. According to the IPCC, AR5 2014 the world warmed for two decades from 1978 to 1998 at 0.25 degrees C per decade but then entered the Hiatus which is the term the IPCC used to describe the halt in warming. Remember this is not some oil funded denial organization; this is the authoritative scientific organization set up by the UN to find human influence on the climate. The 15 year period from 1998 to 2013 had a slight warning of 0.04 degrees per decade. The hiatus and its implications are discussed on page 61 of the AR5 technical summary. This light warming translates into only 0.4 degrees C per century not quite enough to scare the pants off anybody which is exactly it is never mentioned in the media. Apart from some very expensive and dubious global circulation models the record from the last 70 years indicate that there is absolutely no evidence that planet earth will be 2 to 5 degrees c warmer by the end of the 21st century. We as intelligent, critical thinking human beings should be asking ourselves why is it possible for pseudo scientific nonsense such as that espoused by Mr. Grantham is given an uncritical reception.
Mr Grantham has a good grasp of climate, but his understanding of economics is very poor. Though I do agree strongly with him on one assessment- People don't realize their mistakes until it's too late. It's more of a problem inherent to human/animal nature. People don't quit smoking, until they have cancer.
you have a pessimistic view I partially agree with. But not all humans smoke or drink, not all smokers or drinkers do it so much as to get a cancer. But for for the environment, we need a majority of people getting aware of the danger and deciding to change now.
understanding of ecnomics is very poor ? that must be why he is one of the most succfull Financial Asset mangers in the world, manging a fund of over $118 billion, and one of the few people who anticipated the last crash.
Such a poor understanding of economics that he is a Harvard MBA and a billionaire from making very accurate predictions about economic conditions and financial bubbles. ....he has a stunning grasp a the real economy
![Riding a Market Melt-Up: Then Coping With the Melt-Down with Jeremy Grantham [2018]](http://i.ytimg.com/vi/H7-2pruKE8A/mqdefault.jpg)
![Riding a Market Melt-Up: Then Coping With the Melt-Down with Jeremy Grantham [2018]](/img/tr.png)
This is long, probably an hour and a bit, BUT, if you want to understand the economic potential and the hazards that exist this may be the most important presentation you will ever listen to.
Great presentation. Hits all the right topics. Ultimately, change starts at the top. Pushing your country’s citizens to realize the negative impact of burning fossil fuels is paramount. And what is trump doing with his powerful role? He’s embracing the coal industry. All you need to know folks.
This is a joke. Sure climate change is real and more carbon my help it. But NOBODY TALKS ABOUT THE SUN! Like whatever happened to discussing all the issues including grand solar minimums. Remember why did the Vikings stop farming in Iceland and Greenland? It was not because of coal, but the sun. Sadly the massive are ignorant and just focus on green tech. Like saying mining underwater for rare metals for green tech is a joke. Saying we need new technology is a joke. We have nuclear power. Even bill gates spent money in developing new nuclear power plants.
Sure some say well Obama helped push bio fuels. Millions of acres of pasture and carbon sinks were destroyed because of Obama. Now what do environmentalists do? They push for carbon credits. If they got rid of ethanol naturally there’d millions of acres of pasture instead of corn. The government and environmentalists are trying to undo their past mistakes by interfering more. Even Leonardo DiCaprios foundation says bio fuel like ethanol is just as bad as fossil fuels. We have enough uranium to power all the US, but no let’s fund more wasteful programs.
Jeremy Grantham is a brilliant economist and I always listen carefully to what he has to say. However, he is not a climate scientist.
Climate scientists also never mention how the sun has cycles. Like the Vikings farmed in Greenland and Iceland and then the sun changed and temperatures dropped. Historians really should be speaking up.
A large % of the earth is uninhabitable or only marginally inhabitable because it is too cold. There is nowhere in the world which is uninhabitable because of being too hot. After being on TH-cam for three years this video has 13,454 views and few comments. That shows that people as a whole are not at all concerned about climate change. Have you noticed your electricity bill dropping rapidly as solar and wind produce more and more electricity? No? I haven't either.
Alas, you can't grow crops in the podsol under current boreal forests without huge soil amendments. Our breadbaskets can't migrate polewards.
I've watched this space for 33 years. 25 years ago,, watching the evil merchants of disinformation in action, and the US GDP and Australian LPA making climate science denial a point of religious dogma, I decided it would be morally unconscionable to have children. Every subsequent year has confirmed me in this decision.
We're going to exit this century with a global population under 5 billion, thanks in part to misinformed, or willfully ignorant, climate deniers like yourself.
Mean temperature its not the issue. Its the climate Change and weather variability leading to reduced capability to support the population. I habe rooftop solar and consequently free heat pump hot water heating. Electric bill definitely improved
The idea that CO2 is responsible for all of the change for interglacial to glacial conditions is nonsense. The range of temperature change across the glacial-interglacial boundary is around 5 degrees C globally Rind and Peteet, 1985. In Greenland it was around 23 degrees C and 10 degrees C in Antarctica. We know this from ice core data from both Greenland and Antarctica. On the termination of glacial phases (warming)CO2 lags temperature by 800 to 2800 years, Petit et al, Nature 1999, Siegenthaler 2005, Caillon et al, 2003; therefore temperature came first, CO2 followed temperature.
Using modelling with all its assumptions and potential biases Lorius et al, 1990 calculated that greenhouse gases were responsible for 40% of the warming at glacial termination (warming) despite the lag. Something else caused the initiation of glacial phases.
On the initiation of glacial phases (cooling) ice data show that CO2 has nothing to do with the descent into cold. The lag between temperature drop and CO2 drop is up to 14,000 years Petit et al, 1999, Fisher et al, Science, 1999. In other words the planet dropped into cold glacial conditions and CO2 did not respond for 10 to 14,000 years.
With regard to the global climate chart that Mr. Grantham showed alleging acceleration of temperature in the late 2oth century both the International Panel on Climate Change and Hubert Lamb, the "father of climatology'", as well as several other scientists have a much different view. Cooling period 1945-1978.The first IPCC report in 1990 stated that the period from 1940s to the 1970s was a period of cooling in the northern hemisphere. Professor Hubert Lamb of the university of East Anglia writing in 1988 in his classic book Weather, Climate and Human Affairs stated "Since 1945-1950 the global average temperature has fallen again somewhat, despite an even greater production of carbon dioxide by human activity. this suggests a natural climatic fluctuation that is strong enough to outweigh the effect of the increasing amount of carbon dioxide". this cooling period is described by Lowell Ponte in his book " The Cooling" 1976. During this period many scientists and much of the media believed we were heading into another ICE Age.
According to the IPCC, AR5 2014 the world warmed for two decades from 1978 to 1998 at 0.25 degrees C per decade but then entered the Hiatus which is the term the IPCC used to describe the halt in warming. Remember this is not some oil funded denial organization; this is the authoritative scientific organization set up by the UN to find human influence on the climate. The 15 year period from 1998 to 2013 had a slight warning of 0.04 degrees per decade. The hiatus and its implications are discussed on page 61 of the AR5 technical summary. This light warming translates into only 0.4 degrees C per century not quite enough to scare the pants off anybody which is exactly it is never mentioned in the media. Apart from some very expensive and dubious global circulation models the record from the last 70 years indicate that there is absolutely no evidence that planet earth will be 2 to 5 degrees c warmer by the end of the 21st century.
We as intelligent, critical thinking human beings should be asking ourselves why is it possible for pseudo scientific nonsense such as that espoused by Mr. Grantham is given an uncritical reception.
Mr Grantham has a good grasp of climate, but his understanding of economics is very poor. Though I do agree strongly with him on one assessment- People don't realize their mistakes until it's too late. It's more of a problem inherent to human/animal nature. People don't quit smoking, until they have cancer.
you have a pessimistic view I partially agree with. But not all humans smoke or drink, not all smokers or drinkers do it so much as to get a cancer. But for for the environment, we need a majority of people getting aware of the danger and deciding to change now.
understanding of ecnomics is very poor ? that must be why he is one of the most succfull Financial Asset mangers in the world, manging a fund of over $118 billion, and one of the few people who anticipated the last crash.
@@cyruscheungyildiz4530 Bwahahaha.
Such a poor understanding of economics that he is a Harvard MBA and a billionaire from making very accurate predictions about economic conditions and financial bubbles. ....he has a stunning grasp a the real economy