Guest Post by Chris Dawson
We’re hedging our bets on climate change, and on changing climate policy.
Hedge funds generate wealth from imbalances and economic inefficiencies. The man-made global warming scare distorts information flows, misallocates capital, and feeds corruption — and these burdens are becoming a big drag on western economies. The idea that mankind should try to change the global climate with expensive electricity is a luxury of the once rich West. As the budget screws tighten, the economic damage caused by the global warming industry will only hasten its own decline.
Every year about 1.5 trillion US dollars are directed to inefficient, subsidy-dependent businesses, at the expense of consumers and real market-driven enterprises. This destroys wealth and costs jobs.
A hedge fund manager has a special toolkit to tackle this waste. It includes advanced mathematical skills, often described as ‘rocket science’. (The same tools our team has applied to the science of climate change can also be applied to the positions taken and trades made.)
As the recognition spreads that increasing carbon dioxide has little effect on the global temperature, the manager of the
Cool Futures hedge fund can redirect investment into useful market-driven areas, and can also support research aimed at better predicting the climate using factors previously ignored. Being ahead of government research, and the politically correct elite, will create its own opportunities for
Cool Futures.
Like in the movie the
Big Short (which was based on a true story, of a few people who in 2007 tried to warn everyone of the collapse of the artificially distorted US housing market), we are warning of the collapse of the artificial global warming industry. It will happen in a different way but, like in the movie, we plan to reap our rewards for being correct by using hedge fund techniques.
With all mainstream climate models predicting rapid warming due to increasing carbon dioxide, many industries will be totally unprepared if global cooling arrives instead. Research such as Dr Evans’ Notch Delay theory can be tested and explored in greater depth — better understanding of the timing and extent of any global cooling will allow
Cool Futures to better target our investments, and enable people to better prepare for climate change.
Success breeds success. People will notice profits created through a real due diligence of the science, economics, and finance of climate change. Hopefully that will impact public policy development, potentially bringing about debates increasingly based on evidence, which should lead to better-informed policies.
Can a hedge fund run by philanthropic skeptics, while generating sufficient returns for its high net worth sophisticated investors, also act as a catalyst for the restoration of empirical science, enlightened education, and reasoned debate? We feel it can.
Right now we need seed funding, donations, and help for our impending launch. Readers can find out how to get involved through the
crowd funding campaign. (Or click the logo on the right).
We believe that by using some of the financial returns of the
Cool Futures Hedge Fund to aid the philanthropic efforts of the Hedge Fund Manager, the financial returns of the Fund will in turn be enhanced because of increasing public awareness of the paucity of the science case for warming and the desirability of cutting subsidies to the renewables industry.
Please explore these links, and ask any questions in the comments below.
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