Climate change science is in a period of ‘negative discovery’ - the more we learn about this exceptionally complex and rapidly evolving field the more we realize how little we know. Truly, the science is NOT settled.
Climatechangescience is in aperiodof 'negativediscovery' - the morewelearnaboutthisexceptionallycomplex and rapidly evolving field the more we realize how little we know.
As the Fed replaces large decentralized financial markets with centralized decision making by a few central bank officials, it distorts incentives and interferes with price discovery, with negative consequences for the economy.
That minimal upward trend may well turn negative soon as a result of recent advances in energy technology and the discovery of massive natural gas deposits that can replace carbon-intensive coal power.