Allow homeowners to convert the value of their mortgages and repayments to mark-to-market accounting. Mark-to-market is an accounting methodology assigning a value to a position held in a financial instrument based on the current market price for the instrument or similar instruments. Marking-to-market would sync the mortgage with the underlying security, the house. The loan is no longer toxic as it is no longer underwater. The homeowner gets a break, paying less interest and in many cases would keep the home from going into foreclosure.
The goal of the experiment was to determine the maximum operating conditions of a simple greenhouse. The purpose was to understand general principle of the greenhouse effect, popularly identified with the increase in temperature over the ambient temperature resulting from particular configurations of sunlight absorbing bodies, glass enclosures, atmospheres etc.
A number of readers have expressed some knowledge of the greenhouse effect and how it works. Here is a quiz to give the punters an opportunity to show they know what they are talking about.
I am starting to read a few posts on bulletin boards about this experiment, and some points need to be made clearly.
1. The main purpose of the experiment is to verify that maximum G=1.5, the greenhouse factor, not to replicate the conditions in the real atmosphere. That is, it is to test the Su=3OLR/2 constraint, not the B=H(1+τ)/2 lapse rate constraint.
2. I am amazed that no-one has done this. Reading around the web, experiments show profound ignorance of the greenhouse effect, replicating only the spectroscopic absorption by increased CO2. That is they deal in the effect of increased optical depth τ and hence the relationship described by B=H(1+τ)/2 — not the real greenhouse effect constraint. Because CO2 absorbs more IR, they mistakenly assume that shows earth’s temperatures will increase.
Today I repeated the greenhouse experiment reported yesterday. The weather conditions were more favorable, being still and sunny in the initial period, but became more thermally towards the end. I also replaced the plastic flour container with a solid glass jar. Whereas yesterday the temperatures inside the sealed jar only reached 66% of the predicted theoretical maximum, today they got to 60C (red line), within 82% of the theoretical maximum (black dashed line). The theoretical maximum is the ratio of 1.107 times the outside temperature (blue line), which raised to the fourth power gives a ratio of 1.5 radiant heat, inside vs outside.
Here is a simple science experiment you can try at home to disprove one of the main aspects of global warming. One of the main assumptions of anthropogenic global warming (AGW) is that the temperature will continue to increase as the opacity of the atmosphere increases due to carbon dioxide gas (CO2). We can test the theory that increasing opacity increases temperature very easily.
For this experiment, you will need a combined temperature and humidity weather station with a remote temperature transmitter (like the Atech from Dick Smith, pictured, $59) and a large clear container, large enough to contain the weather station. I used an old flour container.
A number of readers have expressed some confidence in their ability to predict the monthly temperature figures before they come out. I thought it would be fun to have a competition of skill at predicting global temperatures.