Back in 1975, I sold my place in the Rockys because it was supposed to be under a mile of ICE by now. Last time I checked, it was ice free and owned by someone else.
I was also told that the South would be the grain basket of the USA as the northern grain states would also be under a mile of ice by now.
Then in the 1990s we were told the arctic would be ice free by now. Should I keep my stock in Trans-Arctic Shipping Inc. or sell at a loss.
Bastardi tracks this warm up and agrees the arctic winters have been warmer over the past decades...of course going from about -40F to -30F, way below freezing. Meanwhile, the average SUMMER temps have not exceeded the averages and lately have not even made the recorded average. His conclusion: more snow will fall within the circle evidenced by the snow accumulations in Greenland over the past few winters. Furthermore, unless the average summer temps rise too, he is not worried.