AGW Meets the Bologna Detection Test

[Toddsterpatriot]

Typical business expenses: Business expenses incurred in the normal operations of a typical oil and gas company.

I mean item by item.

It was your list of "subsidies".

If you don't know what they are, maybe they aren't subsidies, eh?

 

[Wuwei]

If you don't know what they are, maybe they aren't subsidies, eh?

They are called subsidies. If you don't know what they are, maybe they aren't business expenses.

 

[Toddsterpatriot]

They'd be called subsidies by people who don't know what a subsidy is and by people who don't like oil.

Nope. They are called business expenses by people who want to keep subsidies for oil.

Volumetric Ethanol Excise Tax Credit - $31 billion.

• Intangible Drilling Costs - $8.9 billion.

• Oil and Gas Royalty Relief - $6.9 billion.

• Percentage Depletion Allowance - $4.327 billion.

• Short Amortization for Refinery Equipment Deductions - $2.3 billion.

• Geological and Geophysical Costs Tax Credit - $698 million.

• Natural Gas Distribution Lines - $500 million.

• Ultradeepwater and Unconventional Natural Gas and other Petroleum Resources R&D - $230 million.

• Passive Loss Exemption - $105 million.

• Unconventional Fossil Technology Program - $100 million.

• Domestic Manufacturing Deduction

• Credits for Oil and Gas from Marginal Wells

• Other subsidies - $161 million.

Which ones aren't typical business expenses? Why?

1) Ethanol.....kill it

2) Intangible drilling costs (IDCs) include all expenses made by an operator incidental to and necessary in the drilling and preparation of wells for the production of oil and gas, such as survey work, ground clearing, drainage, wages, fuel, repairs, supplies and so on.

3)Oil and Gas Royalty Relief ....kill it (higher prices probably did a while ago)

4) Depletion is the using up of natural resources by mining, drilling, quarrying stone, or cutting timber. The depletion deduction allows an owner or operator to account for the reduction of a product's reserves.

There are two ways of figuring depletion: cost depletion and percentage depletion. For mineral property, you generally must use the method that gives you the larger deduction. For standing timber, you must use cost depletion.

5)Amortization- Amortized cost is that accumulated portion of the recorded cost of a fixed asset that has been charged to expense through either depreciation or amortization.

6) G&G expenses include the costs incurred for geologists, seismic surveys, and the drilling of core holes. These surveys increasingly use 3-D technology rather than the conventional 2-D technology used for most of the last seven decades

7) Natural Gas Distribution Lines ???????

8) R&D self explanatory

9) Passive Loss Exemption ???????

10) The mission of the Unconventional Fossil Energy Resource Program is to provide information and technologies that will assure sustainable, reliable, affordable, and environmentally sound supplies of domestic fossil energy resources.........Kill it

Looks like at least 5 of those are clearly business expenses.

 

[flacaltenn]

http://io9.gizmodo.com/heres-carl-sagans-original-essay-on-the-dangers-of-cl-1481304135

Interesting point. Here is an excerpt from the site you quoted from Sagan's book "Cosmos."

... the carbon dioxide content of the Earth's atmosphere is increasing dramatically. The possibility of a runaway greenhouse effect suggests that we have to be careful: Even a one- or two- degree rise in the global temperature can have catastrophic consequences. ...​

Sagan believed in the possibility of CAGW in 1980. Al Gore came to that conclusion over 25 years later in his documentary, "An inconvenient truth". Why are people jumping on Al Gore, they should be jumping on Sagan. If deniers are going to use Sagan as an authority they are going to have to cherry pick Sagan's writings. However, it seems that Sagan probably applied his own Bologna Kit to his CAGW belief and all nine points fared well.

I think what excuses Sagan is that he wrote the baloney detector chapter back about 1995. Way before climate science matured. In fact according to a von Storch survey somewhere around 2010, only 30% of Climate scientists viewed their field as "mature science". What evidence had been produced up to 1995 or so was pretty fundamental work on carbon cycle studies, isolated paleo-proxies, and guesses at feedback in GCMs.

Certainly as applied to CONSENSUS -- the question being most generally asked is "Is the Earth warming and does anthro carbon contribute to the warming". Which is most un-satisfying as a statement of CAGW. One can apply the baloney detector that one and come out clean and no baloney..


Don't think he lived quite long enough to be truly embarrassed by the alarm and hype..

 

[CrusaderFrank]

1. 2.Encourage substantive debate on the evidence by knowledgeable proponents of all points of view.

The AGWCult does not even tolerate dissenting opinions. It's a close, tightknit circle jerk of people gettign paid by the government to Beeeeeeeeeeeeeeeeelieve! in whatever they call it today, it was Global Warming now its climate change

 

[Wuwei]

1) Ethanol.....kill it

2) Intangible drilling costs (IDCs) include all expenses made by an operator incidental to and necessary in the drilling and preparation of wells for the production of oil and gas, such as survey work, ground clearing, drainage, wages, fuel, repairs, supplies and so on.

3)Oil and Gas Royalty Relief ....kill it (higher prices probably did a while ago)

4) Depletion is the using up of natural resources by mining, drilling, quarrying stone, or cutting timber. The depletion deduction allows an owner or operator to account for the reduction of a product's reserves.

There are two ways of figuring depletion: cost depletion and percentage depletion. For mineral property, you generally must use the method that gives you the larger deduction. For standing timber, you must use cost depletion.

5)Amortization- Amortized cost is that accumulated portion of the recorded cost of a fixed asset that has been charged to expense through either depreciation or amortization.

6) G&G expenses include the costs incurred for geologists, seismic surveys, and the drilling of core holes. These surveys increasingly use 3-D technology rather than the conventional 2-D technology used for most of the last seven decades

7) Natural Gas Distribution Lines ???????

8) R&D self explanatory

9) Passive Loss Exemption ???????

10) The mission of the Unconventional Fossil Energy Resource Program is to provide information and technologies that will assure sustainable, reliable, affordable, and environmentally sound supplies of domestic fossil energy resources.........Kill it

Looks like at least 5 of those are clearly business expenses.

1 - Eliminate tax break
2 - Eliminate tax break for wages. Amortize equipment.
3 - Eliminate tax break
4 - Eliminate tax break. This was always controversial.
5 - Generally a considered a business expense.
6 - Eliminate tax break for wages. Amortize equipment.
7 - Eliminate extra or unusual tax break. Should fall under amortization,but not upkeep or anything else. Amortization was already item 5.
8 - Generally a considered a business expense.
9 - Eliminate tax break. Sounds fishy.
10 - Eliminate tax break

 

[Wuwei]

Don't think he lived quite long enough to be truly embarrassed by the alarm and hype..

It is very presumptuous for you the think Sagan would be embarrassed by his statement.

 

[Toddsterpatriot]

1) Ethanol.....kill it

2) Intangible drilling costs (IDCs) include all expenses made by an operator incidental to and necessary in the drilling and preparation of wells for the production of oil and gas, such as survey work, ground clearing, drainage, wages, fuel, repairs, supplies and so on.

3)Oil and Gas Royalty Relief ....kill it (higher prices probably did a while ago)

4) Depletion is the using up of natural resources by mining, drilling, quarrying stone, or cutting timber. The depletion deduction allows an owner or operator to account for the reduction of a product's reserves.

There are two ways of figuring depletion: cost depletion and percentage depletion. For mineral property, you generally must use the method that gives you the larger deduction. For standing timber, you must use cost depletion.

5)Amortization- Amortized cost is that accumulated portion of the recorded cost of a fixed asset that has been charged to expense through either depreciation or amortization.

6) G&G expenses include the costs incurred for geologists, seismic surveys, and the drilling of core holes. These surveys increasingly use 3-D technology rather than the conventional 2-D technology used for most of the last seven decades

7) Natural Gas Distribution Lines ???????

8) R&D self explanatory

9) Passive Loss Exemption ???????

10) The mission of the Unconventional Fossil Energy Resource Program is to provide information and technologies that will assure sustainable, reliable, affordable, and environmentally sound supplies of domestic fossil energy resources.........Kill it

Looks like at least 5 of those are clearly business expenses.

1 - Eliminate tax break
2 - Eliminate tax break for wages. Amortize equipment.
3 - Eliminate tax break
4 - Eliminate tax break. This was always controversial.
5 - Generally a considered a business expense.
6 - Eliminate tax break for wages. Amortize equipment.
7 - Eliminate extra or unusual tax break. Should fall under amortization,but not upkeep or anything else. Amortization was already item 5.
8 - Generally a considered a business expense.
9 - Eliminate tax break. Sounds fishy.
10 - Eliminate tax break

Eliminate a tax break for wages?
That is hilarious!

Like I said earlier, most of this stuff is called a subsidy by people who don't know what they're talking about.

 

[Toddsterpatriot]

Don't think he lived quite long enough to be truly embarrassed by the alarm and hype..

It is very presumptuous for you the think Sagan would be embarrassed by his statement.

It is very presumptuous for you the think Sagan would be embarrassed by his statement.

I agree. Based on his stance on "nuclear winter", he'd have been shoveling the liberal BS on AGW too.

 

[LaDexter]

Way before climate science matured.

"Climate science" will achieve "maturity" when the following questions are answered instead of censored...

1. Why does the Antarctic Circle have 9 time the ice of the Arctic?
2. One million years ago, NA was frozen down through Indiana while Greenland was completely green. Over the past million years, Greenland froze while NA thawed, all at the same time on the same planet with the same atmosphere with the same amount of CO2 in the atmosphere - so what did CO2 have to do with either?
3. How can any credible lifeform claim "the ice is melting" when 90% of Earth ice has added at least 80 billion tons of ice every year since Algore started lying about CO2?

As of right now, there is nothing "mature" at all about the greatest science fraud in human history

 

[Toddsterpatriot]

Way before climate science matured.

"Climate science" will achieve "maturity" when the following questions are answered instead of censored...

1. Why does the Antarctic Circle have 9 time the ice of the Arctic?
2. One million years ago, NA was frozen down through Indiana while Greenland was completely green. Over the past million years, Greenland froze while NA thawed, all at the same time on the same planet with the same atmosphere with the same amount of CO2 in the atmosphere - so what did CO2 have to do with either?
3. How can any credible lifeform claim "the ice is melting" when 90% of Earth ice has added at least 80 billion tons of ice every year since Algore started lying about CO2?

As of right now, there is nothing "mature" at all about the greatest science fraud in human history

Why does the Antarctic Circle have 9 time the ice of the Arctic?

Is it because you're a moron?

Over the past million years, Greenland froze while NA thawed, all at the same time on the same planet with the same atmosphere with the same amount of CO2 in the atmosphere

Could your confusion have something to do with the location of the areas in question?
Sorry if the words I use are too big for you to understand.

 

[LaDexter]

90% of Earth ice on land mass Antarctica
7% of Earth ice on land mass Greenland

So 97% of Earth ice is on the two land masses closest to an Earth pole....

So what happens to Earth if tectonics puts two polar oceans in place???

 

[Toddsterpatriot]

90% of Earth ice on land mass Antarctica
7% of Earth ice on land mass Greenland

So 97% of Earth ice is on the two land masses closest to an Earth pole....

So what happens to Earth if tectonics puts two polar oceans in place???

Less ice. So what?

 

[LaDexter]

What is climate change on Earth?

A: all about WHERE LAND IS

Two polar oceans - Earth has NO ICE, thicker warmer atmosphere, warmer higher oceans = warm Earth parameter

Two polar continents - two Antarcticas - lower oceans, thinner drier atmosphere = cold Earth parameter

Everything else is trivial. Earth climate change is 99% about WHERE LAND IS....

 

[Toddsterpatriot]

What is climate change on Earth?

A: all about WHERE LAND IS

Two polar oceans - Earth has NO ICE, thicker warmer atmosphere, warmer higher oceans = warm Earth parameter

Two polar continents - two Antarcticas - lower oceans, thinner drier atmosphere = cold Earth parameter

Everything else is trivial. Earth climate change is 99% about WHERE LAND IS....

Everything else is trivial. Earth climate change is 99% about WHERE LAND IS....

Where was the land during the last ice age?

 

[LaDexter]

Ice ages are continent specific, and the NA/Greenland issue over the past 1 million years proves it. There, you had one continent in ice age (NA) and one green(land). A million years later, NA has thawed and Greenland is in full ice age.

When ice age glacier pushes out over water, it tends to break off as iceberg. That is why ice ages are continent specific. In fact, the NA/Greenland issue proves just how continent specific - they can be right next to each other and do 180 degrees the opposite "climate change."

Earth climate change is overwhelmingly continent specific.

Other ice ages include NA one mil years ago and Australia 100? mil years ago...

 

[flacaltenn]

Don't think he lived quite long enough to be truly embarrassed by the alarm and hype..

It is very presumptuous for you the think Sagan would be embarrassed by his statement.

Maybe I consider Sagan more protective of scientific integrity than you do... It's a possibility..

 

[flacaltenn]

90% of Earth ice on land mass Antarctica
7% of Earth ice on land mass Greenland

So 97% of Earth ice is on the two land masses closest to an Earth pole....

So what happens to Earth if tectonics puts two polar oceans in place???

When you figure that's all gonna happen LaDexter? Like is it next Wednesday -- or next January or in the year 3520? What is this BS you're hawking? Where else would you expect 97% of the world's ice to be other than the poles? In 7-11 Big Gulps?

PLEASE don't answer.. I have no interest in following you down the rabbit hole.

 

[flacaltenn]

Way before climate science matured.

"Climate science" will achieve "maturity" when the following questions are answered instead of censored...

1. Why does the Antarctic Circle have 9 time the ice of the Arctic?
2. One million years ago, NA was frozen down through Indiana while Greenland was completely green. Over the past million years, Greenland froze while NA thawed, all at the same time on the same planet with the same atmosphere with the same amount of CO2 in the atmosphere - so what did CO2 have to do with either?
3. How can any credible lifeform claim "the ice is melting" when 90% of Earth ice has added at least 80 billion tons of ice every year since Algore started lying about CO2?

As of right now, there is nothing "mature" at all about the greatest science fraud in human history

Show me the evidence that Greenland was green whilst the glaciers rumbled through Indiana. Longest ice record from Greenland is about 800,000 yrs old..

 

[LaDexter]

There's a whole topic on that you missed here...

Proof that CO2 has nothing to do with Earth climate change

You are correct that Greenland was entirely green 800k years ago.