The Contrarian

“In the investment markets, what everyone knows is usually not worth knowing.”

Volcano in Antarctica

As a contrarian, I find stories that oppose the mainstream to be quite interesting. They yield clues to what is truly happening in the world and insights that allow investors to see opportunities where others don’t. Recently, scientists revisited the massive volcano that has been melting ice in Antarctica for many years. Below Antarctica is a geothermal region bigger than Yellowstone that has an undeniable role in global warming. The mainstream media likes to oversimplify the story and blame global warming solely on human industrialization even when scientific evidence like this flies directly against them.

The media tells us scare stories of global warming, ice caps melting, danger of big cities being under water in the future etc.

All this is caused by human activity, your SUV, etc.

One story is about ice caps in Antarctic melting. Here is a story from zerohedge about what is really happening at the southern continent.

As we’ve pointed out, the supervolcano phenomenon is hardly unique to Yellowstone National Park, where a long dormant volcano with the potential to cause a devastating eruption has been rumbling since mid-summer, making some scientists uneasy.

Surprisingly active supervolcanos have been documented in Italy, North Korea and, now, Antarctica after scientists at NASA’s Jet Propulsion Laboratory (JPL) have found new evidence to support a theory that the breakup of Antarctic ice may be caused in part by a massive geothermal heat source, with output close to the scale of Yellowstone National Park.

Of course, if accurate, this theory would help rebut the notion that man-made climate change is in part responsible for the melting ice, Russia Today reports.

A geothermal heat source called a mantle plume, a hot stream of subterranean molten rock that rises through the Earth’s crust, may explain the breathing effect visible on Antarctica’s Marie Byrd Land and elsewhere along the massive ice sheet.

 

While the mantle plume is not a new discovery, the recent research indicates it may explain why the ice sheet collapsed in a previous era of rapid climate change 11,000 years ago, and why the sheet is breaking up so quickly now.

“I thought it was crazy. I didn’t see how we could have that amount of heat and still have ice on top of it,” said Hélène Seroussi of NASA’s Jet Propulsion Laboratory in Pasadena, California.

Seroussi and Erik Ivins of JPL used the Ice Sheet System Model (ISSM), a mathematical depiction of the physics of ice sheets developed by scientists at JPL and the University of California, Irvine. Seroussi then tweaked the ISSM to hunt for natural heat sources as well as meltwater deposits.

This warm water lubricates the ice sheet from below, allowing glaciers to slide off into the sea. Studying meltwater in western Antarctica may allow scientists to estimate how much ice will be lost in future.

During their initial work, Seroussi and Ivins created simulations using higher heat flows than 150 milliwatts per square meter, which did not align with their space-based readings, except for one area: The Ross Sea.

Their calculations showed that, in certain sections of the sea, a heat flow of at least 150-180 milliwatts was required to create sufficient meltwater flows that matched with observations. They now believe the mantle plume is responsible for these higher-than-average readings.

The Marie Byrd Land mantle plume formed 50 to 110 million years ago, predating the Western Antarctic ice sheet. The mantle plume theory was initially proposed 30 years ago, but it’s not the only theory. Another posits that the sheer weight of the ice sheets causes melting deep below the surface.

Even nearly a century ago global warming existed. The fears that raged on then continue today. And, despite the noise, the world continues and the environment has failed to implode. This report was from November 2, 1922 , as reported by the AP and published in The Washington Post 93 years ago.

The Arctic Ocean is warming up, icebergs are growing scarcer and in some places the seals are finding the water too hot according to a report to the Commerce Department yesterday from Consulate at Bergen, Norway. Reports from fishermen, seal hunters and explorers all point to a radical change in climate conditions and hitherto unheard-of temperatures in the Arctic zone.

Exploration expeditions report that scarcely any ice has been met as far north as 81 degrees 29 minutes.   Soundings to a depth of 3,100 meters showed the Gulf Stream still very warm. Great masses of ice have been replaced by moraines of earth and stones, the report continued, while at many points well known glaciers have entirely disappeared.

Very few seals and no white fish are found in the eastern Arctic, While vast shoals of herring and smelts which have never before ventured so far north, are being encountered in the old seal fishing grounds. Within a few years it is predicted that due to the ice melt the sea will rise and make most coast cities uninhabitable.

This must have been caused by the Model T Ford’s emissions or possibly from horse and cattle farts. Or, quite possibly, Al Gore’s grandfather.