"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?"

Sunday, December 12, 2010

On Happy Endings

There's an interesting reply to my recent article "Eye-Opening Videos" which was carried at The Energy Collective. You will recall that I quoted Bill McKibben saying "There's no happy ending where we prevent climate change anymore."

David Lewis begins his reply "So the 'there's no longer a happy ending' thing seems to be a necessary stage for people to get through if they want to see this problem clearly." He has an interesting perspective and adds some very relevant history.
McKibben in the video link brought up analogies from WWII. I think that period shows us how this will play out. Too many now think you can pretend basic physical laws governing the behavior of the planetary system can be ignored or appeased in the way people pre WWII thought they could appease Hitler. McKibben: "thank god there were some Winston Churchill's around". I wonder. Churchill was a voice in the wilderness but they didn't turn to him until circumstances brought it home to everyone that Churchill had been seeing the issue with more clarity than most others.
I strongly recommend reading it. Follow-up comments there, please.