"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?"

Saturday, June 28, 2008

National Academies Get Iota of Press Coverage

The various national science academies of the G8 nations were joined by five others (China, India, Brazil, Mexico, South Africa) in issuing a joint statement calling for urgent action on climate change.

Unlike previous similar statements this did get a smattering of not especially deep press coverage, but it has to be counted as progress.

Here, for instance, is Andy Revkin's article from June 11. Nice work, Andy. Not to be an ingrate or anything, but how about a link to the actual report next time?

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