Saturday, July 12, 2008

Four scientists: Global Warming Out, Global Cooling In

Four scientists: Global Warming Out, Global Cooling In « Watts Up With That?
Four scientists, four scenarios, four more or less similar conclusions without actually saying it outright — the global warming trend is done, and a cooling trend is about to kick in. The implication: Future energy price response is likely to be significant.

Late last month, some leading climatologists and meteorologists met in New York at the Energy Business Watch Climate and Hurricane Forum. The theme of the forum strongly suggested that a period of global cooling is about emerge, though possible concerns for a political backlash kept it from being spelled out.

However, the message was loud and clear, a cyclical global warming trend may be coming to an end for a variety of reasons, and a new cooling cycle could impact the energy markets in a big way.

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