Investment Help: Leading Global Warming Disciple Defects and the Lesson for Investors
If there's one thing I've learned over the last few decades, it’s that the mainstream media's goal is to not necessarily give you the full story, its goal is to give you the story it wants to give you.
The same is true when it comes to the mainstream financial media. They may not necessarily give you the information you need to make the best decisions, they'll give you the information they want to give you.
It happens all the time. And one of the best examples is in the controversial global warming debate. The majority in the media want to paint the direst picture possible. The minority want to do the exact opposite.
That's why I wasn't too surprised to see the complete lack of coverage devoted to a recent major event in the global warming debate.
I had to go all the way to the Calgary Herald to find coverage of this major defection from the global warming camp:
When a leading proponent for one point of view suddenly starts batting for the other side, it's usually newsworthy.
So why was a speech last week by Prof. Mojib Latif of Germany's Leibniz Institute not given more prominence?
Latif is one of the leading climate modelers in the world. He is the recipient of several international climate-study prizes and a lead author for the United Nations Intergovernmental Panel on Climate Change (IPCC). He has contributed significantly to the IPCC's last two five-year reports that have stated unequivocally that man-made greenhouse emissions are causing the planet to warm dangerously.
Yet last week in Geneva, at the UN's World Climate Conference--an annual gathering of the so-called "scientific consensus" on man-made climate change --Latif conceded the Earth has not warmed for nearly a decade and that we are likely entering "one or even two decades during which temperatures cool."
By any measure, this is a pretty major event the world should be noting and discussing. But, as we've seen many times before, most of the media doesn’t want to cover all significant aspects of a story.
This is something most investors need to realize. There are thousands of sources of investment advice and investment ideas out there. Most of them, however, simply follow right along with the herd. Most of them provide the information most investors want rather than provide the information they need.
That's why we have a different slant when it comes to investing – especially when it comes to investing in alternative energy. We believe the global warming ideology is fundamentally flawed. It's certainly not founded on basic science (there are no other naturally occurring positive feedback loops). It's more of a religion than anything else.
But with that in mind, we at Q1 Publishing still foresee investing in alternative energy as one of the great opportunities of the next decade or so. There are going to be so many government mandates, subsidies, and other factors which push alternative energy investments to the next level. Also, the failure to cover Professor Latif's findings shows the media will be on board to help get the bubble building.
We may find the global warming scientific rationale highly questionable, but we certainly believe in the investment opportunity from the green revolution.
