Monday, July 20, 2026

Climate Predictions That Failed

 

Paul enrich, Al Gore, David Viner, Noel Brown 

 

How Failed Climate Predictions Became Unquestionable Truths

 

Nobel laureates, UN directors, Stanford biologists, and Princes of Wales—the warnings came backed by impressive credentials and concrete dates. Ice caps melting by one year, coasts swallowed by another, whole nations erased by a third.

Yet, as the deadlines came and went, history told a very different story.

A Timeline of Missed Deadlines

  • 1970: The Famine That Never Came

In The Population Bomb (1968), Stanford biologist Paul Ehrlich famously declared that hundreds of millions would starve in the 1970s regardless of any intervention. He predicted 65 million Americans would perish in a "Great Die-Off" during the 1980s, and that England would be reduced to a collection of "impoverished islands" by 2000. Decades later, England remains intact, though Ehrlich later casually remarked his forecast had merely been "way too optimistic."

  • 1975: The Coming Ice Age

Newsweek’s April 1975 article "The Cooling World" warned of an impending ice age that would trigger global famine. Ecologist Kenneth Watt echoed the panic, telling a 1970 Earth Day audience that global mean temperatures would drop 11 degrees by 2000. In 2006, Newsweek issued a rare retraction, admitting it had been "spectacularly wrong."

  • 1988–1989: The Vanishing Nations

An Agence France-Presse report in 1988 quoted Maldivian officials warning that rising seas would submerge all 1,196 of its islands within 30 years. A year later, Noel Brown of the UN Environment Programme gave world governments a 10-year window before entire nations were "wiped off the face of the Earth." Both deadlines passed years ago; the nations remain firmly on the map.

  • 2000: Snow as an Ancient Relic

Senior climate scientist David Viner predicted in The Independent that winter snowfall in Britain would become a "rare and exciting event," leaving future generations ignorant of what snow even was. The headline boldly declared: "Snowfalls are now just a thing of the past." Britain continued to see winter snow.

  • 2007–2009: The Ice-Free Arctic and the 96-Month Clock

Accepting his 2007 Nobel Peace Prize, Al Gore cited studies projecting a summer ice-free Arctic "in as little as 7 years." In 2009, Prince Charles proclaimed humanity had just 96 months to prevent "irretrievable climate collapse." The deadline expired in July 2017, and the Arctic continues to hold summer ice.

Accountability Without Consequences

Despite catastrophic misses, none of these forecasters faced professional demotion, defunding, or public reckonings:

  • Paul Ehrlich received a MacArthur "genius" grant in 1990—long after his 1970s apocalyptic timelines had expired.
  • Al Gore won an Academy Award and a Nobel Peace Prize in the very same era as his failed forecasts.
  • Institutions maintained their funding streams, and political agendas moved forward without interruption.

In this ecosystem, failed deadlines simply disappeared from the balance sheet.

From Analysis to Orthodoxy

When observers pointed out these documented failures in good faith, the response was rarely a chart or a revised model; it was a label.

As early as February 2007, columnist Ellen Goodman wrote in the Boston Globe that "global warming deniers are now on a par with Holocaust deniers." The rhetoric shifted rapidly. Questioning a failed prediction was no longer seen as scientific skepticism—it was framed as moral cruelty.

The Underlying Truth

Climate change is real, and human activity undoubtedly plays a role in it. However, the history of failed forecasts reveals a political apparatus that built itself around a legitimate crisis and made its own narrative sacred.

A sacred conclusion cannot be questioned or tested. By using fear as a fundraising tool and enforcing agreement as the entry fee for respectable society, a generation was taught that asking reasonable questions carries a cost few can afford. 

 

 

 


Sunday, July 19, 2026

Predatory Pricing Collapses In Practice

 

 

Predatory Pricing collapses in practice, though it is a good theoretical concept

By 1904, Herbert Dow Was Selling Bromine for 36 Cents a Pound

The world price, set by a German cartel of about thirty firms called Die Deutsche Bromkonvention, was 49 cents. Dow had carved out the American market by undercutting them at home and staying out of Europe by tacit agreement.

Then He Decided the World Was Open Territory

Dow began shipping bromine to England and Japan. The Bromkonvention dispatched a representative with an ultimatum: stop exporting, or be destroyed. Dow refused.

 

The Cartel Declared a Price War

In early 1905 the Germans flooded the American market with bromine at 15 cents a pound, far below what Dow had been charging at home. The strategy was textbook predatory pricing: dump until Dow ran out of cash, buy whatever was left, restore the cartel price.

 

Dow Did Not Cut His Prices. He Vanished from the American Market.

 

He pulled Dow Chemical bromine off American shelves entirely and shifted his whole production to Europe and Asia. Then he sent a buyer into New York to pick up the German bromine the cartel was dumping, hundreds of thousands of pounds of it.

 

The Cartel Was Funding His Expansion

Dow repackaged the cheap German bromine and shipped it back across the Atlantic. He sold it in Europe at 27 cents a pound, including inside Germany itself.

 

The Germans Kept Cutting

Baffled by American demand that would not die, the Bromkonvention dropped its US dumping price to 12 cents, then 10.5 cents. Each cut widened Dow's resale margin in Europe. Dow wrote to a colleague, "We are absolute dictators of the situation."

The Cartel Surrendered in 1908

After four years the Bromkonvention came to terms. The Germans would stay out of the United States. Dow would stay out of Germany. The rest of the world was open. Dow Chemical emerged from the price war with international distribution it could never have built on its own.

 

In 1958 the economist John McGee published "Predatory Price Cutting: The Standard Oil (N.J.) Case" in the Journal of Law and Economics. His argument was simple. The predator always loses more money than the prey, because the dominant firm has the larger market share to subsidize at the loss-making price. Bankrupt the target and his factory still stands for a new operator to buy cheap. The cartel pays the war's costs and inherits none of the spoils.

 

The Lesson Dow Wrote on a Shipping Manifest-

A cheap good is a gift to anyone clever enough to take it, and the market always contains someone clever enough. Herbert Dow proved this in 1905, fifty years before the economic literature caught up. Predatory pricing looks terrifying on paper and collapses in practice, because the predator's weapon becomes the prey's supply line.

 

 


Climate Predictions That Failed

  Paul enrich, Al Gore, David Viner, Noel Brown    How Failed Climate Predictions Became Unquestionable Truths   Nobel la...