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Mainstream Scientists Cashing In On Climate Wagers (reuters.com)

Layzej writes: Climate contrarians have long predicted imminent global cooling. A few have been willing to place wagers that mainstream scientists have been quick to accept. Often acceptance of the bet is followed by immediate retraction, as was the case when "Bastardi's Wager" was accepted by Joseph Romm or when Maurice Newman's $10,000 bet was accepted by physicist Brian Schmidt. In some cases, bets have been formalized and the terms of many of those wagers are coming to a close. It may not be surprising to learn that those who put their money on the side of mainstream science are the ones who are cashing in.

Reuters reports that British climate expert Chris Hope just won a 2,000 pound sterling ($2,830) wager made five years ago against two members of the Global Warming Policy Foundation, who had bet Hope that the Earth would be cooling by now. They also highlight a $10,000 bet made in 2005 between British climate modeler James Annan and two Russian solar physicists. The solar physicists had counted on waning solar output to halt warming. Annan will win if average global temperatures from 2013-17 are warmer than 2003-07. "Things are looking good for my bet," Annan said.

Keith Pickering reports on a series of three bets between Brian Schmidt and climate contrarian David Evans, who also believed that diminishing solar output would dominate the temperatures of the last decade and beyond. The wagers pay out in 2019, 2024, and 2029. Pickering concludes, "What Evans apparently doesn't realize is that because of the thermal inertia of the oceans, within narrow bounds we can already predict what global temperatures will be in 2019, 2024, and 2029. And David Evans is going to lose his shirt."

9 of 252 comments (clear)

  1. Re:Let's bet on something more useful by tnk1 · · Score: 1, Informative

    Clinton is still by far the favorite. The only shocking thing is that it isn't as certain as it was before.

  2. Re:That was pretty stupid. by BStroms · · Score: 4, Informative

    Actually, I see from one the articles, that one mainstream scientist did lose 100 pounds in a bet on the pace of global warming. So at least someone had a little more sense with their terms.

  3. Re:Sounds good, but devil is in details by chipschap · · Score: 1, Informative

    So this AC posts something that attempts to be rational (whether you agree with it or not, it's a valid attempt) and gets modded -1?

    Evidence that it's unacceptable to be against the agenda and therefore must be silenced?

  4. Re:That was pretty stupid. by Darinbob · · Score: 5, Informative

    The problem I think is that the climate change skeptics don't think that way. They have supreme confidence that it's all a hoax, that the data is falsified, that it's a plot to undermine the economy, etc. So they make the bet with bravado, expecting the mainstream scientists to back down or look foolish. Anyone starting with an attitude of "oh ya, put your money where your mouth is" won't be the sort of person who's going to be inspecting the data very closely, analyzing the odds, choosing the best measurement methods, etc.

  5. Re:Completely fabricated nonsense by SoftwareArtist · · Score: 5, Informative

    No, they've actually done that 0 times. What they've often done, and continue to do, is try to find ways to remove sources of error from the data. That's called "calibration", and is an essential part of any measurement technology.

    Ars Technica just published a very thorough article about this, describing all the different types of corrections and why they're needed. See http://arstechnica.com/science.... If you truly want to understand the subject, I highly recommend it. On the other hand, if you're just being a troll and don't care about the facts (I don't know whether you are or not--that's for you to decide), you obviously should ignore it.

    --
    "I'm too busy to research this and form an educated opinion, but I do have time to tell everyone my uninformed opinion."
  6. Re:Sounds good, but devil is in details by riverat1 · · Score: 3, Informative

    The Satellite records are better quality, as they cover the entire Earth evenly with a single instrument, all measurements taken at the same time of day using the same method, and so on.

    Over time the measurements have been made from multiple satellites, not a single instrument. From the Wikipedia entry on satellite temperature measurements:

    Satellites do not measure temperature. They measure radiances in various wavelength bands, which must then be mathematically inverted to obtain indirect inferences of temperature. The resulting temperature profiles depend on details of the methods that are used to obtain temperatures from radiances. As a result, different groups that have analyzed the satellite data have produced differing temperature datasets. Among these are the UAH dataset prepared at the University of Alabama in Huntsville and the RSS dataset prepared by Remote Sensing Systems.

    The satellite time series is not homogeneous. It is constructed from a series of satellites with similar but not identical sensors. The sensors also deteriorate over time, and corrections are necessary for orbital drift and decay. Particularly large differences between reconstructed temperature series occur at the few times when there is little temporal overlap between successive satellites, making intercalibration difficult.

  7. Re:Contrived Correlation by Layzej · · Score: 3, Informative

    Quite the opposite. The adjustments actually lowered the overall trend. Here you can see unadjusted and corrected reconstructions side by side. Notice that the two are virtually identical in recent history. https://climatecrock.files.wor...

  8. Re:Silliness by Evtim · · Score: 3, Informative

    They weren't. The survival chance of a man first class was lower than a woman third class. Most of the crew behaved properly on that occasion [women and children first]. And I have the feeling that back then the rich and powerful men [while still being guilty of greed and malice] had bigger balls than those of today...

  9. Re:"Climate contrarians" by KeensMustard · · Score: 2, Informative

    Looks like your mate who runs that blog has updated it since you read it, to the effect that he no longer claims that NOAA thinks that 1997 was warmer than 2015 - and grudgingly admits that he misread the material. Apparently, this is NOAA's fault for not making the material clear enough for a numpty to understand.