"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?"

Tuesday, November 2, 2010

Last Word

Toles

6 comments:

Pangolin said...

Today, a majority of Americans, or at least the majority voting for house seats decided that climate change didn't matter at all.

Of course, most of them didn't know that was what they were voting for but the results will be exactly the same.

Next batter: Ma Nature, with a pumpkin-sized softball floating over the plate.

Hank Roberts said...

http://www.climatechange.ca.gov/

California Global Warming Solutions Act of 2006 established the first-in-the-world comprehensive program of regulatory and market mechanisms to achieve real, quantifiable, cost-effective reductions of GHG.

Approaching midnight: "the campaign's other hot-button issue, also appeared to be failing with a 55 percent no vote. Proposition 23 sought to postpone the 2006 Global Warming Solutions Act ...."

Deech56 said...

So does this mean that climate scientists should lawyer up?

Deech56 said...

Nature isn't just the final authority, Nature is the Only authority.
- Charles B. Paul

Deech56 said...

Sorry for the multiple posts, but please check out Tom Toles' published cartoon for today and his commentary.

Thanks for the link, Michael.

Brian Hayes said...

It's tough to grasp vast threat. What can be more alarming than buggering our atmosphere? Oh I know, oceans of vinegar, rivers of goo, sterile soils, monster weeds, wee plague here and there, ultra population, cyber-pirate bankers, and outright opportunists.... In this mix of challenge and worry, I think politics will be out of hand for a very long time. There's no chance whatsoever a handful of scientists will calm what's ahead except by being or becoming the best scientists ever.