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Global warming fat-cats exploiting drought-stricken farmers

28 March 2013

Release: Immediate

Global warming fat-cats exploiting drought-stricken NZ farmers’ misery – Lord Monckton

Lord Christopher Monckton has hit out at those using the current drought situation in New Zealand and its serious economic effects on a number of farming families to further the cause of man-made global warming.

“It is repellent that shameless global-warming profiteers in government, the universities and some media are exploiting the misery and hardship of New Zealand's farmers by fraudulently blaming the current severe drought on non-existent global warming”, he says.

"As the science and economics behind the climate scare continue to collapse, these whining fat-cats should be made to repay every penny they have extracted from taxpayers.”

Lord Monckton is arriving in New Zealand over the Easter weekend to begin a 16-venue tour throughout New Zealand that starts on 1 April.

"On my barnstorming speaking tour of both islands of New Zealand throughout the month of April, I will provide hard scientific and economic evidence to establish that there has been no global warming statistically distinguishable from zero for between 17 and 23 years; in fact the head of the UN's climate panel has recently admitted the long pause in global warming. Therefore, the hot summer in Australia and the unprecedented drought in New Zealand cannot have been caused by global warming because there has not been any.

“I’ll also establish that the warming predicted in all four previous assessment reports of the UN's climate panel has not occurred, and all four reports got it wrong. The computer models on which the entire climate panic is unsoundly founded contain serious errors that have led to systematic and continuing over-prediction not only of warming but also of its consequences.

“In fact, it is very hard to cause major warming, because global temperature has fluctuated by only 1% either side of the long-run average in the last 420,000 years. Even if the predicted 3 degrees Celsius of global warming were to happen this century, the cost of letting that warming happen and simply adapting to any adverse consequences would be just 1.2% of GDP. By contrast, the cost of preventing the predicted 3 Celsius warming this century by carbon taxes and emissions-trading scams would be almost 60% of GDP – in other words, it is 50 times less cost-effective to try to prevent global warming today than to let it happen and leave enough money to our grandchildren to allow them to cope not only with any warming that may occur but with any other crisis that they may face.

“ The logic is quite simple: if the cost of the insurance premium is greater than the cost of the risk one is insuring against, one should not take out insurance. That is a precautionary principle worthy of the name.”

Lord Monckton will be an Expert Reviewer for the IPCC's forthcoming Fifth Assessment Report and says he will be taking a strictly scientific, economic, rational and logical approach to the questions whether and at what rate global warming has occurred, is occurring or is likely to occur.

“I’ll also be evaluating whether, if global warming was to happen - as Dr. Richard Alley of Oxford University now concedes is most unlikely - it is economically worthwhile to make any attempt whatsoever to prevent it today,” he says.

Details of Lord Monckton’s NZ tour can be found on the Climate Realists website, www.climaterealists.org.nz

ENDS


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