"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, January 25, 2008

Drought and Nukes

I mentioned this last August: nuclear plants are thirsty. Though they help with the carbon problem, they are also vulnerable to climate shifts. (The article I referenced then seems to have expired.)

(Why are newspapers so silly? I am sure that paid archives achieve less for them than ongoing advertisements. The NY Times seems to have figured it out...)

Here's another article in the same vein: the southeastern drought is causing power shortages over there by shutting down nukes. Let's hope that this eases before the summer cooling season kicks in.

1 comment:

Dr. Lemming said...

Coal based power stations have the same problem- in the middle of last year, three Australian states (out of 6) had to curtail coal-based power generation because they had no water for cooling.