Monthly Archives: May 2013

COT Report

COT Report

Commitment of Traders weekly report.

Includes price and a COT interpretation of dozens of futures.


On attenuating pending climate change…

The exploration, examination, and exposure of underlying climate change factors and concerns are all good and well and I support and applaud the balance of them.

However, the fact remains that humanity it not paying attention. China and India are building and using more and more coal fired electricity generation plants – with no end, or even reduction, in sight. Nat.gas and oil exploration and acquisition is continuing apace if not faster. Green energy alternatives are barely getting by; sure they continue to expand, but at a comparatively slow rate.

At this point additional alarm raising appears futile. A more rational approach might be to accept 450+ ppm CO2, accept increasing climate change impact, and get on with dealing with what most assuredly will be, rather than what we might hope (but fail) to prevent.

Face it, for the next 100+ years the planet will enter and experience a vastly different climate than what humanity has enjoyed for the last 10,000+ years. Humanity is just too short sighted to look out 2-10 generations and try and fix a future world. Fixes in the past, FDA, EPA, toxic dumping, pollution, were all single generation fixes. Climate change is so large, extensive and drawn out that most humans cannot fathom a fix.

So, prepare for the inevitable. This train has left the station and will not be making stops for the next 100 years.