It was a combination of things. It was the ever-increasing number of Toyota Prius Hybrids I see (enormous, here in CA). It was compact florescent bulbs, which for most applications are not any improvement over what we’ve been using for the last 50 years and more in terms of purpose. It was the increasing hysteria over plastic grocery bags to the extent that some cities are banning them. It was pretentious calls to use less TP, for Christ’s sake. It was Citigroup committing $1 billion to the global warming cause. It was all kinds of things that looked to me just like an exhaustion rally.
Maybe I’m wrong. But I don’t think so, and the reason I don’t think I’m wrong is because I highly suspect that man-made global warming is bullshit, and I think that the warming that has been demonstrated isn’t and won’t be anywhere near as serious as has been predicted. It may even be beneficial, on balance, globally.
Look at it this way: the man-made global warming lobby has stuck their necks out big time. Oh, they’ll never pay the price for that, but they’ve bet everything on the assertion that man-made Co2 emissions are the causal factor in warming, which means that when the sun’s current 1000-year record activity peaks (it may have, already), it should have little effect on continued temperature rise if man-made Co2 emissions continue to rise, which is a sure bet considering development in China and India.
In essence, they’ve bet the farm that temperature will continue to rise if man-made Co2 continues to rise. If it doesn’t rise year after year after year, it falsifies their entire thesis. Oh, they’ll shuffle their feet and issue bullshit press releases for a few years, hoping for a spike back up, but should it never come, they’re sunk. And then we’ll be off for the next big global rip-off.
And everyone will forget what suckers they were. They’ll be too busy trying to get suckered all over again.
Update: Yep yep yep. All the makings of a sucker rally. A fad.