"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?"

Friday, October 19, 2007

Gore Responds to 9 'errors'

Mr. Gore himself has responded to the infamous nine 'errors'. On the substance, he agrees with RealClimate and with me; the film pleads innocent on eight counts, a bit off base on the ninth.

Gore stresses, as have Deltoid, Inel and Stoat, that the judge's principal verdict is that the film is a sufficiently fair representation of the scientific mainstream to be shown in British schools.

On the whole, though, I think none of the commentary from the rest of us usual suspects or the press has expressed the core truth of the matter as well as Dr. Rabett has.

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