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Letters

Dear Editor,Evidence of global warming is in the news daily. Polar ice caps are thinning. Glaciers are retreating. Heat waves are achieving unprecedented deadliness. Hurricanes, tornadoes and floods are breaking cost records annually.Its pretty simple to understand that these changes are caused by humans. Carbon dioxide in the atmosphere has increased 31 percent since 1750, 18 percent since 1959. Global temperatures have increased similarly, though not by the same percentages.We know burning coal, oil and gas causes these increases CO2 from these fossil fuels has a signature. Carbon has natural radioactivity, which decays. Because fossil carbon is older than carbon from natural sources, it has less radioactivity, and can be distinguished from other carbon. Carbon dioxide in the atmosphere traps heat, a phenomenon called the greenhouse effect, which can be demonstrated in a laboratory. The Kyoto Protocol is foundering. Its hard to get governments to agree on anything. Kyoto is inadequate, anyway, requiring only tiny reductions in carbon releases. But market solutions may come to the rescue. The re-insurance industry, the folks who back up insurance claims, are being hit hard. Munich Re, the largest of these companies, says damages covered by insurers advanced from $11.5 billion in 2002 to $15 billion in 2003 (http://quote.bloom-berg.com/apps/news?pid=10000100&sid=aMSlkSSsgyk4&refer=germany). Im guessing reinsurers may assign penalties to corporations that dont reduce their CO2 emissions and incentives to those that do.Anyway, energy efficiency makes corporations more profitable, and there are fortunes to be made in producing clean energy sources such as wind generators and solar panels.Jeremy Heiman Glenwood Springs

Dear Editor, Wow, Bob Richardson, didnt mean to yank your chain quite so hard. While I did not actually call you a liberal, I did insinuate that you have some whining liberal friends. And thats OK, Bob. Being an ex-Republican is OK also. Heck, I am an ex-Democrat and I have quite a few whining conservative friends. I also have a heck of a lot more whining liberal friends, but that can be expected since they get so much practice.But getting back to the meat of the discussion, I stand by what I said. Bush will be re-elected in 2004 and I believe the economy will do OK. Not perfect, but OK. If that is naive, so be it. I prefer to look at the glass as half full versus half empty. That way I only need one martini at the end of every day to regain my sensibilities. I do agree with you that the stock market is way ahead of itself and fully expect to see it correct itself sometime in early 2004, after which it will resume its climb albeit at a somewhat slower pace. Buy and hold, sucker! Not hardly. You see Bob, I make somewhat of a living trading stocks on a daily basis. Buy and hold just doesnt work for me. By the way, Bob, do you shop at Wal-Mart? The reason I ask is because I believe the real problem with this economy is the Walmartization of America. More on that later.Bob Anderson Glenwood Springs


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