Friday, December 29, 2006

Ronald Bailey admits ownership 50 shares Exxon Mobil

Ronald Bailey should come clean about all of his financial investments... and include such on every article he writes... start a new trend in public disclosure...

In Brother, Can You Spare 22 Terawatts?, Ronald Bailey, November 24, 2006, Bailey admits

Disclosure: I own 50 shares of ExxonMobil stock. So what!

So what? Reason's environmental science correspondent/staffer switched his skeptical position on global warming August 11, 2005 noting such in his article:

We're All Global Warmers Now, Ronald Bailey, August 11, 2005

Prior to that time, had Bailey invested in Exxon Mobil? Or was an investment in Exxon Mobil made after Bailey wrote We're All Global Warmers Now?

Bailey mentions his switch again most notably in

An Inconvenient Truth Gore as climate exaggerator Ronald Bailey June 16, 2006

I have long been a critic of former Vice-President Al Gore, but as a recent convert to the view that humanity is contributing significantly to the current increase in average global temperatures, I was trying to keep a somewhat open mind about his new global warming movie, An Inconvenient Truth...

Bailey also reveals (apparently for the first time)(that we can find)

Disclosure: I own a small amount of ExxonMobil stock and I am looking forward to investing in biotech cellulosic ethanol production someday.

However, in the May article, Bailey has no such disclosure about Exxon Mobil stock ownership...

Peak Oil Panic
Is the planet running out of gas? If it is, what should the Bush administration do about it? Ronald Bailey | May 2006 Print Edition

...If ChevronTexaco, ExxonMobil, or other private companies actually owned the reserves, the world would be in a much more secure position with regard to oil production. Instead, we are subject to the whims of figures like Chavez, Russia’s Vladimir Putin, and Iran’s Mahmoud Ahmadinejad, and must worry about the doubtful stability of their personalities and regimes. (To be sure, even a private reserve under such a regime would face the constant threat of nationalization or other interference.) In the mid-1990s, the world had more than 10 million barrels per day of spare production capacity. That figure has fallen to between 1 and 2 million barrels, which means that any significant disruption in supplies can cause prices to soar...

As well, notice how he treats the science skeptics vs. the pro-global warming camp:

He simply doesn't provide a link to the "few" scientists, his term...

In any case few climate scientists now contest the idea that humanity is contributing to the current warming trend. All of the various data sets, surface thermometers, satellites and weather balloons, now show global average warming of about +0.16 degrees Celsius per decade since 1979. Whether or not this rate of warming would lead to catastrophe or not is still very much an open question. So what, if anything, should we do about any future warming?

Meanwhile, Bailey does provide a link to humanity is contributing...

By leaving out a link to climate scientists who remain skeptics, despite Bailey's conversion, Bailey skews the article.

The link to catastrophe or not doesn't work...

In November, Bailey, with a new attitude, was all scheduled to attend the Climate Change conference.

He's attended those in the past where we suspect he'd undergone brainwashing , activated precisely on August 11, 2005 to coincide with the release of three articles in Science Mag.

Global warming heads up: I will be covering the United Nations' next climate change conference in Nairobi beginning on November 13.

Discussing Climate Change In Kenya
World leaders meet to discuss improbable solutions to a questionable problem that may not be solvable. Ronald Bailey November 13, 2006

...the Left-leaning British Institute for Public Policy Research issued an alarming report last week claiming that humanity has “only ten years to save the planet.” The IPPR asserts that “global emissions of CO2 peak within ten years and fall by 70 to 80 per cent by 2050, we will face an unacceptable risk of causing a rise of more than 2°C, which would result in dangerous and irreversible impacts.”...

Oh 'm gosh, Bailey provides a link for "only ten years to save the planet."

And, while Bailey does disclose:

Disclosure: I gratefully acknowledge that the International Policy Network in Britain is paying my expenses to cover the conference in Nairobi. Here’s what the folks at Exxonsecrets say about IPN and here’s what they say about me...

Absent are any new disclosures about financial investments... how does that add to the lining in our pockets?

Carbon Reduction or Poverty Reduction, Not Both
Ron Bailey files his second dispatch from the UN global warming conference in Nairobi, Kenya. Ronald Bailey November 14, 2006

...Tomorrow—the environment ministers finally gather here in Nairobi to ratify and complete what their underlings have been negotiating for the past week which, as far as I can tell right now, isn't much. A couple of side events intrigue me so I may cover sessions on climate and forests, the role of policies the enable adaptation to climate change once the Kyoto Protocol comes to an end in 2012, and another that asks if it is time to set a long-term global climate. The last is basically asking where humanity wants to set the planet's thermostat.

Disclosure: I gratefully acknowledge that the International Policy Network in Britain is paying my expenses to cover the conference in Nairobi. Here’s what the folks at Exxonsecrets say about IPN and here’s what they say about me...

Disappointed, again, no new investment ideas...

Pay It Forward
What can carbon markets do for economic development? Ronald Bailey November 15, 2006

...Tomorrow, I may look in on sessions updating the state of play in Europe's Emissions Trading Scheme and see what the World Bank has to say about sustainable development in a carbon-constrained world.

Disclosure: I gratefully acknowledge that the International Policy Network in Britain is paying my expenses to cover the conference in Nairobi. Here’s what the folks at Exxonsecrets say about IPN and here’s what they say about me...

Nope, no new investment insider tips...

The Baptist and the Bootlegger
An unlikely coalition for climate control

Ronald Bailey | November 16, 2006

In other words, if a company can reduce its emissions below its allocation, it can make money by selling its remaining allocation to another company. Of course, a company can also make windfall profits if the government allocates it more permits for emissions than it actually needs.

So are carbon markets here to stay?...

Hey, this is entertaining, and useful right, carbon trading markets... hmmm...

He has a link at windfall profits... hidden message in the links, that's what we're thinking...

Power tool
European energy groups involved in carbon trading are manipulating the scheme for profit, not principle, writes David Gow Wednesday May 17, 2006
Guardian Unlimited,,1829568,00.html

His disclosure...

Tomorrow—The 12th Conference of the Parties (COP-12) to the United Nations Framework Convention on Climate Change and 2nd Meeting of the Parties (MOP-2) to the Kyoto Protocol comes to an end. I will report whatever decisions the diplomats make and reactions by other participants to those decisions.

Disclosure: I gratefully acknowledge that the International Policy Network in Britain is paying my expenses to cover the conference in Nairobi. Here’s what the folks at Exxonsecrets say about IPN and here’s what they say about me

"Climate Change Tourists" Go Home! The Nairobi global warming conference grinds to an end Ronald Bailey November 17, 2006

And perhaps some rethinking has been going on. Halldor Thorgeirsson, deputy executive secretary of the UNFCCC, mentioned that a South African delegate had made interesting observation. The South African turned the usual formulation of "what can we do to pursue development under the constraints imposed by climate change" on its head to "what can we do to address climate change under the constraints of the need for development and poverty eradication?"

Poverty eradication is a massive problem

Invest in poor countries?

After sifting through dozens of online articles by Bailey searching for new revelations and what he links and doesn't link, we'll find out Bailey is a member of the Council on Foreign Relations, Bilderbergers, or Trilateral Commission... well he does mention a November meeting... Council of Foreign Relations... was it open to the public, or only members can attend? What does go on there?

Meanwhile, we're tracking Bailey to see when he provides a link to those windmill companies! (Were thinking of that for remote property where nagbores won't complain about destroying the beauty of the forest)

California watching

Climate Change Lemmings Jump Off The Cliff California signs onto Kyoto Protocol just as it falls apart Ronald Bailey October 27, 2006

To do this, the state is supposed to set up a carbon trading scheme modeled on Europe's Emissions Trading Scheme in which CO2 emitters are issued emission permits and then allowed to trade them...

Bailey nicely provides a link at Emissions Trading Scheme

Emission Trading Scheme (EU ETS)


Pundits who contest climate change should tell us who is paying them
Covert lobbying, in the UK as well as the US, has severely set back efforts to combat the world's biggest problem

George Monbiot Tuesday September 26, 2006 The Guardian

...The story begins with a body called the International Policy Network (IPN). Like many other organisations that have received money from Exxon, it describes itself as a thinktank or an independent educational charity, but a more accurate description, it seems to me, would be "lobby group". While the BBC would seldom allow someone from Bell Pottinger or Burson-Marsteller on air to discuss an issue of concern to their sponsors without revealing the sponsors' identity, the BBC has frequently allowed IPN's executive director, Julian Morris, to present IPN's case without declaring its backers. IPN has so far received $295,000 from Exxon's corporate headquarters in the US. Morris told me that he runs his US office "solely for funding purposes".

IPN argues that attempts to prevent (or mitigate) man-made climate change are a waste of money. It would be better to let it happen and adapt to its effects...,,1881023,00.html

FACTSHEET: International Policy Network - North America, IPN

2000 Bailey

4/20/00 12:45 p.m.
Leonardo Di Caprio, Climatologist
Earth Day is a festival of bad science.

By Ronald Bailey, science correspondent, Reason magazine, and author of Earth Report 2000: Revisiting the True State of the Planet

So what is going on with the climate? It is true that the global average temperature has gone up by about 1 degree Fahrenheit over the last century, and it is likely that a small portion of that increase is the result of warming caused by humanity putting carbon dioxide in the atmosphere by burning fossil fuels. The vexed question is, How much more warming is likely in the 21st century? A preliminary draft report of the U.N.’s Intergovernmental Panel on Climate Change suggests that the Earth’s surface is likely to warm at least 2 degrees and as much as 9 degrees Fahrenheit, and that sea level could rise between 4 inches and 3 feet by the end of this century. Keep in mind that the past century saw a temperature increase of 1 degree Fahrenheit and 8 inches in sea level rise, without causing global disaster. If the lower temperatures and lower sea level rise occur over the next one hundred years, then there’s not much of a climate emergency. It’s no wonder that those huge IPCC ranges cause a lot of sincere disagreement on the seriousness of the issue...

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