Chaos, Stocks, and Global Warming

Two weeks ago, I discussed black-body radiation and showed how you calculate the rate of radiative heat transfer from any object. Based on this, I claimed that basal metabolism (the rate of calorie burning for people at rest) was really proportional to surface area, not weight as in most charts. I also claimed that it should be near-impossible to lose weight through exercise, and went on to explain why we cover the hot parts of our hydrogen purifiers and hydrogen generators in aluminum foil.

I’d previously discussed chaos and posted a chart of the earth’s temperature over the last 600,000 years. I’d now like to combine these discussions to give some personal (R. E. Buxbaum) thoughts on global warming.

Black-body radiation differs from normal heat transfer in that the rate is proportional to emissivity and is very sensitive to temperature. We can expect the rate of heat transfer from the sun to earth will follow these rules, and that the rate from the earth will behave similarly.

That the earth is getting warmer is seen as proof that the carbon dioxide we produce is considered proof that we are changing the earth’s emissivity so that we absorb more of the sun’s radiation while emitting less (relatively), but things are not so simple. Carbon dioxide should, indeed promote terrestrial heating, but a hotter earth should have more clouds and these clouds should reflect solar radiation, while allowing the earth’s heat to radiate into space. Also, this model would suggest slow, gradual heating beginning, perhaps in 1850, but the earth’s climate is chaotic with a fractal temperature rise that has been going on for the last 15,000 years (see figure).

Recent temperature variation as measured from the Greenland Ice. A previous post had the temperature variation over the past 600,000 years.

Recent temperature variation as measured from the Greenland Ice. Like the stock market, it shows aspects of chaos.

Over a larger time scale, the earth’s temperature looks, chaotic and cyclical (see the graph of global temperature in this post) with ice ages every 120,000 years, and chaotic, fractal variation at times spans of 100 -1000 years. The earth’s temperature is self-similar too; that is, its variation looks the same if one scales time and temperature. This is something that is seen whenever a system possess feedback and complexity. It’s seen also in the economy (below), a system with complexity and feedback.

Manufacturing Profit is typically chaotic -- something that makes it exciting.

Manufacturing Profit is typically chaotic — and seems to have cold spells very similar to the ice ages seen above.

The economy of any city is complex, and the world economy even more so. No one part changes independent of the others, and as a result we can expect to see chaotic, self-similar stock and commodity prices for the foreseeable future. As with global temperature, the economic data over a 10 year scale looks like economic data over a 100 year scale. Surprisingly,  the economic data looks similar to the earth temperature data over a 100 year or 1000 year scale. It takes a strange person to guess either consistently as both are chaotic and fractal.

gomez3

It takes a rather chaotic person to really enjoy stock trading (Seen here, Gomez Addams of the Addams Family TV show).

Clouds and ice play roles in the earth’s feedback mechanisms. Clouds tend to increase when more of the sun’s light heats the oceans, but the more clouds, the less heat gets through to the oceans. Thus clouds tend to stabilize our temperature. The effect of ice is to destabilize: the more heat that gets to the ice, the more melts and the less of the suns heat is reflected to space. There is time-delay too, caused by the melting flow of ice and ocean currents as driven by temperature differences among the ocean layers, and (it seems) by salinity. The net result, instability and chaos.

The sun has chaotic weather too. The rate of the solar reactions that heat the earth increases with temperature and density in the sun’s interior: when a volume of the sun gets hotter, the reaction rates pick up making the volume yet-hotter. The temperature keeps rising, and the heat radiated to the earth keeps increasing, until a density current develops in the sun. The hot area is then cooled by moving to the surface and the rate of solar output decreases. It is quite likely that some part of our global temperature rise derives from this chaotic variation in solar output. The ice caps of Mars are receding.

The change in martian ice could be from the sun, or it might be from Martian dust in the air. If so, it suggests yet another feedback system for the earth. When economic times age good we have more money to spend on agriculture and air pollution control. For all we know, the main feedback loops involve dust and smog in the air. Perhaps, the earth is getting warmer because we’ve got no reflective cloud of dust as in the dust-bowl days, and our cities are no longer covered by a layer of thick, black (reflective) smog. If so, we should be happy to have the extra warmth.

14 thoughts on “Chaos, Stocks, and Global Warming

  1. Brian Johnston

    Climate graph is wrong.
    Medieval warm and little ice age indicate to wrong points. Should move to the right.
    Years along bottom should finish 2000AD not 0

    Reply
    1. R.E. Buxbaum Post author

      The data on the graph is listed in years before the today of whenever that particular ice core was drilled (30 years ago, I think). Thus we start at year zero at that date and go backwards as the umbers increase. There were two points I wanted to make with the graph and I think the graph makes them well. One is that chaos is the norm of climate. The other point (2) is that the real problem is cold — an ice age — not our present warm era. Ice ages are more common than warm eras and a lot more damaging.

      Reply
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