Story submitted by Eric Worrall
“WHAT if David Archibald’s book The Twilight of Abundance: Why Life in the 21st Century Will Be Nasty, Brutish, and Short turns out to be right? What if the past 50 years of peace, cheap energy, abundant food, global economic growth and population explosion have been due to a temporary climate phenomenon?”
This is the first paragraph of Maurice Newman’s latest attack on the world’s infatuation with global warming.
Maurice Newman is the Australian Prime Minister Tony Abbott’s most senior economic advisor – one of the first acts of the newly elected Abbott government was to appoint Maurice Newman to the chair of the government Business Advisory Council.
According to the article written by Newman;
“If the world does indeed move into a cooling period, its citizens are ill-prepared. After the 2008 financial crisis, most economies are still struggling to recover. Cheap electricity in a colder climate will be critical, yet distorted price signals caused by renewable energy policies are driving out reliable baseload generators. Attracting fresh investment will be difficult, expensive and slow.
Only time will tell, but it is fanciful to believe that it will be business as usual in a colder global climate. ”
If Newman is right, governments have been preparing for the wrong crisis, squandering resources which could have been used to prepare us for the coming cold. At the depths of the Little Ice Age, grain production in Northern latitudes, regions which are currently regarded as the breadbaskets of the Western World, was severely curtailed, due to shorter growing seasons and greater weather instability. And there is always the risk that a little ice age could become something worse – if the historical record is any guide, we are nearing the end of the current interglacial.