Opposing Views: OPINION: Obama Dead Wrong About Global Warming, Among Other Things

For those who are confident that science understands our climate, consider carefully the warning of a researcher recently hired by Washington to figure out the risks of flooding from climate change. The glaring omissions in overall knowledge of the subject led him to determine: “There may not be solid projections. We’re not even coming up with squishy assumptions.” His ultimate conclusion? “This whole thing is not what a sensible person should do.” Amen.

In truth, most of our climate change models are simply that--computer models filled with assumptions and best guesses likely to prove errant one way or another. Yet our politicians are still using these “squishy assumptions” as a foundation on which to build their interventions.

Investing [in the greatest scientific fraud of all time] - WSJ.com

WSJ: How did you get Deutsche Bank to buy into this idea?

MR. PARKER: That wasn’t easy. It’s very untypical for someone in this industry to take this issue up and be an advocate. Because in typical business, the thought is, “This is a cost, this is a burden.” With Germany being more green than most places in the world, I think we’ve been able to find some early adopters.

We built an internal consensus, and climate change ended up making the list of our megatrends in 2005. Then we launched a couple of products, and to everyone’s astonishment, the uptake was overwhelming. In a very short period of time, we raised $12 billion.

And by the way, of the $12 billion, only $50 million came from the U.S.