Record Antarctic Ice Extent Throws Cold Water On Global Warming Scare … Antarctic polar ice extent has set another new record, defying alarmist global warming claims. Surpassing the greatest month-of-April ice extent in recorded history, the new record throws cold water on alarmist claims that the Antarctic ice cap has crossed a melting point of no return. – Forbes
Dominant Social Theme: The Earth is melting! The Earth is melting!
Free-Market Analysis: In the past few days we’ve read numerous articles about how the Antarctic is melting and that it is too late to stop it now. Being long-time analysts of dominant social themes, we didn’t take the meme seriously even though it was repeated over and over again. But the news was so shrill and repetitive that we finally decided to look into it further. What we found was actually fairly chaotic. There are several sets of facts seemingly being presented. The following BBC article is representative of the confusion.
It begins this way:
Esa’s Cryosat mission sees Antarctic ice losses double … Antarctica is now losing about 160 billion tonnes of ice a year to the ocean – twice as much as when the continent was last surveyed. The new assessment comes from Europe’s Cryosat spacecraft, which has a radar instrument specifically designed to measure the shape of the ice sheet.
The melt loss from the White Continent is sufficient to push up global sea levels by around 0.43mm per year. Scientists report the data in the journal Geophysical Research Letters. The new study incorporates three years of measurements from 2010 to 2013, and updates a synthesis of observations made by other satellites over the period 2005 to 2010.