"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, November 14, 2015

My 20 year predictions from 5 years ago

In 2010, apparently at Keith Kloor's instigation, I made some predictions about 2030.

See how you think they are panning out a quarter of the way through. Some interesting comments, too.

Related, just two years after entering the climate business, in 1992, I made these rather wild prognostications that mostly ran through 2019, and a few words about the further future.

A hat tip to Robert Nagle for reminding me of these.

This week I am thinking we will drop the ball just on sheer nationalist belligerence, replaying the calamities of the early 20th century, long before the climate thing kicks in.

Remember, the thing about existential threats is you have to get ALL of them right.

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