• About
  • Disclaimer
  • Links
  • Market Wisdom
  • Practical Wisdom
  • Video/Audio Market Wisdom
  • Video/Audio Practical Wisdom

Zone of Competence

~ Dollars, Sense, and Probabilities.

Zone of Competence

Tag Archives: COP21

As Paris Meeting Approaches, Climate Change Movement Shows Its Lack of Seriousness

17 Tuesday Nov 2015

Posted by JC in Uncategorized

≈ Leave a comment

Tags

Climate Change, COP21

I am not a Climate Change denier. There is some evidence that, all else equal, human activity may contribute at the margin to a very gradual increase in the Earth’s average temperature. However, that doesn’t mean that it will cause a cataclysm, that it is the biggest problem facing the world, or that an infinite price should be paid to halt or reverse it. The inability or unwillingness to put it in proper perspective, do sensible cost/benefit analysis, and seek realistic solutions is what keeps the Climate Change Movement from being a force for good.

The fundamental fact of human existence is that our wants are infinite and our resources are limited. I believe in spending reasonable sums for research and development on solar and other technological improvements that may solve the problem or help manage the consequences at an acceptable cost to humanity.

But as this peer reviewed paper by Bjorn Lomborg shows using the standard MAGICC Climate Model, the current prescriptions of the Climate Change Movement call for the world to spend on the order of $85 TRILLION through 2100, with an effect of only 0.17 degrees Celsius. This is almost zero progress for an incredible cost, while hundreds of millions of people in the world are starving, lack basic sanitation, and don’t have access to electricity.

What a stunning thing that such a group of people with collectively high IQs can be so blinded to common sense. Something tells me that incentive-caused bias (promoting the view that will keep their research budgets well-funded) is not limited to those pushing fossil fuels. Not to mention the profiteering by Al Gore and friends which by some accounts has him approaching billionaire status.

It is the responsibility of sensible people in the scientific community to think outside the box and work to create technological solutions to the problem. Not to demand a gigantic and pointless penance from humanity which cannot even properly feed and clothe all of its members.

See also:

Gambling the World Economy on Climate

Impact of Current Climate Proposals

The Tyranny of a Big Idea: The Attraction of the Secular Mind to the Politics of Impending Apocalypse

Capitalism Makes You Cleaner

Is Climate Science Really Settled?

The Scientific Method and Climate Change

Recent Posts

  • Climate Lunacy Continues Despite Inconvenient Truths
  • Reason in the Internet Age: How you can avoid getting stampeded into poor conclusions and buying into silly conspiracy theories
  • Climate Change is a Real Problem, but Current Renewable Energy Technologies Can’t Replace Fossil Fuels Without a Huge Nuclear Buildout. Because, Physics.
  • Larry Fink’s Convoluted & Coercive Solution to the Problems of Indexing
  • The Wisdom of Charlie Munger: You Have a Moral Duty To Be Rational and Reasonable, and To Eliminate Your Own Ignorance

Archives

  • October 2021
  • November 2020
  • August 2019
  • January 2018
  • December 2017
  • November 2017
  • July 2017
  • June 2017
  • January 2017
  • July 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • December 2015
  • November 2015
  • August 2015
  • June 2015
  • April 2015
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013

Categories

  • Uncategorized

Meta

  • Create account
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.com

Blog at WordPress.com.

  • Subscribe Subscribed
    • Zone of Competence
    • Join 28 other subscribers
    • Already have a WordPress.com account? Log in now.
    • Zone of Competence
    • Subscribe Subscribed
    • Sign up
    • Log in
    • Report this content
    • View site in Reader
    • Manage subscriptions
    • Collapse this bar