"System change is now inevitable. Either because we do something about it, or because we will be hit by climate change. '...

"We need to develop economic models that are fit for purpose. The current economic frameworks, the ones that dominate our governments, these frameworks... the current economic frameworks, the neoclassical, the market frameworks, can deal with small changes. It can tell you the difference, if a sock company puts up the price of socks, what the demand for socks will be. It cannot tell you about the sorts of system level changes we are talking about here. We would not use an understanding of laminar flow in fluid dynamics to understand turbulent flow. So why is it we are using marginal economics, small incremental change economics, to understand system level changes?"

Wednesday, August 15, 2007

A congressman reports on science

Quoted via Daily Kos:
Now, what a lot of people don't know when we talk about global warming or the CO2 emissions, that is the gas that is depleting our ozone, the vast majority of that is created naturally, not by humans. Yes, human activity that I am going to talk about in a minute does contribute to that.

Now, as I understand, the major contributor and the most significant contributor to CO2 emissions is livestock.
- Representative Lee Terry (Republican of Nebraska)

There really ought to be some sort of actual penalty for being that wrong. Moynihan's principle applies: one is entitled to one's own opinion, but not to one's own facts.

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