What If Global Warming Is Real?

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The U.N.’s Intergovernmental Panel on Climate Change released a report in 2007 which said that “up to 40 percent of the Amazonian forests could react drastically to even a slight reduction in precipitation.”  The report made other claims to support the fact that global warming was a real threat.

It turned out that some of the data was faked. The news gave global warming refuseniks another chance to challenge whether global warming was real. High temperatures, they said, were simply a part of long cycles in which temperatures rise and fall over centuries-long patterns.

The wheat crop in China threatens to cut that availability of the grain in the People’s Republic this year. The drought is that severe. Russia had similar problems last year. US crops in the Midwest and South are being damaged by rain, cold and dry weather. The weather is cold enough in Mexico to cut crop production there as well.

The earth has gone through severe weather cycles over the last year. The polar ice cap has continued to melt. Scientists claim that record cold weather in the Northern Hemisphere is being caused by cold water moving south from the melting Arctic. When the polar region gets small enough, the waters off the UK, Europe, Canada, and the US will warm again.

La Nina, a cooling of the surface temperatures of the tropical Pacific Ocean, is supposed to cause a great deal of the US cold weather and snow this year. The water in the Pacific is as cool now as it is the North Atlantic. What will happen when El Nino, the warming cycle, returns?

None of the long-term weather changes and their causes matter much now. There is a shortage of wheat. Agricultural commodities prices are rising. There is no system among the world’s largest nations to share crop yields to fight imbalances in food stores. There should be just as there is an emerging  solution to prevent a repeat of the credit crisis. A solution to global warming patterns is years or decades off if there is anything to solve at all. In the meantime, it is better to have a program to distribute crops that a science report on centuries-long trends

Food prices have risen relentlessly over the last few months. People will starve or reach the point where they can barely afford food. For them it does not matter if global warming is real or it isn’t.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Featured Reads

Our top personal finance-related articles today. Your wallet will thank you later.

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618