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Blips on the progress screen are more associated with government intervention in markets rather than markets per se, whether it be problems with state-owned oil entities or price controls that create retail shortages. Much of this progress is anticipated to continue in the next few decades even as the absolute energy consumption and market share of oil, gas and coal are expected to rise. The burden of proof is clearly on the naysayer to show that the trend, not a point estimate, is negative; explain why entrepreneurial adjustment cannot be expected to effectively address real problems over time; and differentiate between ‘market failure’ and the problems caused by government ownership and intervention in markets.

S. , ‘Cosmic Rays, Clouds, and Climate’, Science, 29 November 2002, pp. 1,732–37; G. W. K. , ‘Climate Change on the North Pacific Region over the Past Three Centuries’, Nature, 28 November 2002, pp. , ‘From Anchovies to Sardines and Back: Multidecadal Change in the Pacific Ocean’, Science, 10 January 2003, pp. 217–21; Richard Kerr, ‘Huge Pacific Waves Trigger Wild Weather Half a World Away’, Science, 16 May 2003, p. 1,081. 37 Willie Soon and Sallie Baliunas, ‘Proxy Climate and Environmental Changes of the Past 1000 Years’, Climate Research, 21 January 2003, p.

20 17 18 IPCC, Climate Change 1995: The Science, pp. 336, 344. , pp. 41, 43–44 and 46. US Global Change Program, Climate Change Impacts on the United States: The Potential Consequences of Climate Variability and Change, Cambridge University Press, Cambridge, 2001. 4 per cent per year. 20 See Richard Kerr, ‘Dueling Models: Future US Climate Uncertain’, Science, 23 June 2000, p. 2,113. This criticism also applies to an IPCC effort to hypothesise the effects of rapid global warming in different regions of the world.

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