The Market, Energy, And Political Page, Part 3, T+23 -- November 29, 2018

UN on climate change:

“In sum, a strategy must recognize what is possible. In climate research and modelling, we should recognize that we are dealing with a coupled non-linear chaotic system, and therefore that the long-term prediction of future climate states is not possible.” 

Where did that come from? I thought you would never ask. See below.

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Other Stuff

Jobs, link here:

• prior: 224K 
• forecast: 220K
• actual: 234K
• 4-week moving average: 223.25K

Natural gas: weekly fill rate -- pending:

Theft: local news is reporting theft of $1,000-tires/wheels off pick-up trucks. Professionals -- at night -- hydraulic drill lifts truck completely off the ground; wheels with/without locked hub nuts removed in minutes; trucks left on blocks/bricks. This is what irritates me. This type of crime could be stopped "overnight." Why doesn't the government mandate RIFD GPS chips in anything of value? Period. Dot. Or better yet, let the insurance companies do this. Huge drop in premiums/deductibles if anything of value has RIFD GPS chips embedded. This is not rocket science. Drives me nuts. Likewise, anyone traveling to Mexico needs to have one of these chips embedded. We do it for our pets but not ourselves.#MeToo people need to have chips with recording devices embedded before a) going to college; b) going to Washington, DC, to work as interns; c) going to Hollywood to work for anyone; d) going to Central Park in NYC. Until one gets an embedded chip, a concealed handgun might be a good alternative. Wow, how did I end up here?

Meanwhile: I have a copyright on decals to place on vehicles that say: "This vehicle/wheels protected with RIFD/GPS chips." $4.00 apiece. Applied on vehicle above each wheel.

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UN On Climate Change 

From Jim Ring:

Here is the last paragraph in the IPCC Third Assessment Report, Chapter 14, Section 14.2.2.2:

“In sum, a strategy must recognize what is possible. In climate research and modelling, we should recognize that we are dealing with a coupled non-linear chaotic system, and therefore that the long-term prediction of future climate states is not possible.”

This seems fairly easy to read. Pretty easy English. Eighth grade English.

This information was not included in the Summary Report for Policymakers given to the press and public.

If the climate is indeed a coupled non-linear chaotic system (who can doubt the IPCC?) then there is no rational or scientific basis to make a definitive statement about a future state of the climate.

At this point the coupled non-linear chaotic nature of the climate makes scientific observations academically interesting but individually they have no relevance in predicting the future state of the climate. The climate is a system, which means the relationships among these observations are what is important, not the observations themselves.