Another way to look at the Global Warming hysteria ...
Regardless of whether you accept the 1 degree increase in global temperature for the doubling of the quantity of CO2 released, you have to accept that global temperature increases at a logarithmic rate in comparison to the quantity of CO2 released. What this means is that you need an exponential increase in CO2 levels to get a linear increase in global temperature.
Now why is this so important?
CO2 levels are directly related to the quantity of fossil fuels we mine and refine. To a certain extent we have the ability to increase our collection and processing of fossil fuels, but (for the most part) we are using all the resoruces that current commodity prices will justify. In order for us to dramatically increase production of oil worldwide we need to dramatically increase the price of oil in order to cover the complicated mining and refining of expensive resources like shale oil.
Why does the price of fossil fuels matter?
Cleaner resources like Wind, Solar, Geo-Thermal, Hydro-Electric and even Nuclear power have never been adopted on a large scale because they are typically more expensive than fossil fuels. As demands on energy increase the price of energy will end up rising at a rapid rate in order to justify using very expensive fossil fuel resources, at the same time these energy prices will justify the use of cleaner resources. As we use more cleaner resources (wind and solar in particular) the technology will rapidly increase which will reduce the cost of these resources.
Basically, natural ecconomic controlls will force people to use cleaner resources as energy demand increases thereby producing an absolute cap on the ammount of CO2 we will ever produce ...
