Exactly the same thing could be said for the Australian economy uner the Gillard Green governments mad charge headlong to a carbon tax.
Like Lemmings off a cliff!
Lord Turnbull goes on to say:
"It is regrettable that the UK Parliament has proved so trusting and uncritical of the IPCC narrative, and so reluctant to question the economic costs being imposed in pursuit of decarbonisation."
The figure above shows that the linear trend between 1880 and 2000 is a continuation of the recovery from the Little Ice Age (LIA) together with the superposed multi-decadal oscillation. It is assumed that the recovery from the LIA would continue to 2100, together with the superposed multi-decadal oscillation.
This view could explain the halting of the warming after 2000. The observed temperature in 2008 is shown by a red dot with a green arrow. It also shows the temperature rise after 2000 predicted by the IPCC. It has been suggested by the IPCC that the thick red line portion was caused mostly by the greenhouse effect, so the IPCC’s future prediction is a sort of extension of the red line. For detail, see Syun-Ichi Akasofu: On the recovery from the Little Ice Age. Natural Science, 2:11 (2010)