Aug 28, 2012 at 7:19 am
Lots on the conventions, of course, but not a lot new there from an OTE perspective. I’d summarize the platforms thusly:
Rs: Markets rule.
Ds: Markets rule, except when they fail. Then there’s a role for government.
There…I just saved you a lot of viewing time.
OK, this is a tough read about the historical magnitude of the ice melt in the Arctic, but again, not particularly surprising. Two points:
–the warming effects self-reinforce: less ice, warmer seas, less ice; less ice, more white:
Diminished ice means there would be a smaller expanse of white reflecting sunlight back into space. That could accelerate warming in the Arctic, increase sea surface temperatures and lead to the melting of a major ice sheet, such as Greenland’s, which could raise global sea levels.
–note that while some might view this trend as a signal to try to lower the amount of carbon in the atmosphere, others view it as an opportunity to open new shipping lanes to more drilling.
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