Ice isn’t melting in the Arctic and Antarctic, yet big insurance rate hikes on coastal properties loom for purported sea level rise - Thomas Lifson

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by Thomas Lifson

At what point does extracting money from people based on erroneous predictions of climate disaster become criminal fraud?

The warmist fraud has a big problem: its predictions of doom have consistently failed to generate any serious pain. Yes, they blame hot weather in the summer in global warming, and if there are hurricanes, they must be caused by “climate change,” though when we have a year with few hurricanes, or, as in 2018 no tornadoes at all, nobody sings the praises of the benefits of “climate change.”

But they’ve hit a gold mine with their predictions of island nations being sunk beneath the waves, and coastal communities (especially in rich countries) forced to be abandoned. Their institutional clout is considerable, as they have Big Science, Big Education, Big Government, and Big Business all on board with their scheme to extract money from people for the crime of using energy (while exempting wealthy members of their elite from the strictures). Especially when there’s money to be made from fear-mongering.

The theory is that melting ice at the earth’s polar regions will swamp us. And that is triggering moves to raise insurance premiums on coastal properties that are supposed to be flooded, in low-lying coastal places like Florida, as the Sun-Sentinel writes:

In just two or three years, Congress may change the way it sets rates in the Federal Emergency Management Agency’s National Flood Insurance Program (NFIP) to reflect more realistic assessments of risk, including the expected impacts of sea-level rise.
According to the chair of Miami’s Sea Level Rise Committee, FEMA officials believe the largest provider of flood insurance in the United States will be aligning the cost of premiums much closer to the heightened risks of flooding. And that the changes will come sooner than many expect.
Indicating that change is in the air, a FEMA spokesperson said Friday that the agency plans to announce a risk-rating “redesign” next year that “will allow us to better reflect the resilience and vulnerability of homes and other structures covered under the NFIP.” It would begin in 2020.
“This is a big game-changer,” Wayne Pathman says. “South Florida is ground zero, in many studies, for the economic impact of sea-level rise. So I’ve said many times that the tip of the spear of this economic issue is insurance.”

A huge rise in insurance premiums would inflict the sort of major pain that could generate support for “anti-Warming” measures (like handing seven grand to purchasers of luxury Teslas).

But, as an independent examination of the actual data from the measuring stations in the polar regions shows, if naything, we are in the midst of a cooling phase where most of the ice hangs out. Pierre Gosselin, building on the work of Kirye in Tokyo:

We constantly hear from the untrustworthy media how polar ice is melting rapidly – due to human-induced global warming.
But when we look at the real data, we understand why audiences worldwide increasing distrust the mainstream media and their constant stream of doomsday reports, which they uncritically produce.
Recently I looked at some island stations near Antarctic, a continent where we are told melting ice will lead to many meters of sea level rise if we continue emitting CO2 into the atmosphere business as usual. (snip)
The temperatures at the six stations, which are not subjected to any urban heat island effects and located in the middle of the natural elements, are plotted below and show no warming at all. Instead we see a bit of overall cooling (snip) Looking at the rest of Antarctica, not a single of the following stations shows a warming trend over the past decades (snip)
At the other end of the earth at the North Pole, Arctic sea ice has not been cooperating at all with the doomsday scenarios of the global warming alarmists. Some of them said it should have gone ice-free in late summer by now.
A recent chart shows that late summer Arctic sea ice volume has GROWN over the past 12 years, and not plummeted as the alarmists once warned:

Note how predictions made back in 2007 by “leading experts” were completely wrong, and sea ice volume instead has been rising modestly, thus totally surprising and shaming the doomsday prophets.

At what point does extracting money from people based on erroneous predictions of climate disaster become criminal fraud?

Hat tip: Ron Pate

Thomas Lifson

Source: https://www.americanthinker.com/blog/2018/12/ice_isnt_melting_in_the_arctic_and_antarctic_yet_big_insurance_rate_hikes_on_coastal_properties_loom_for_purported_sea_level_rise_.html

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