"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?"

Monday, January 14, 2008

A Brief History of US AGW Politics

Some useful background on climate change history and politics in the US focusing on Hansen, on DKos.

1 comment:

Les Cobays said...

A most excellent post, especially for those of us who have not the time nor the patience to sift through most of the stuff on daily kos. Thanks