Hes’ super thrilled to spend billions upon billions, even though he has no idea what the money would accomplish (via Twitchy)
So, a few thoughts on uncertainty and climate policy. You might not know this from some discussion, but this has been a major research topic
— Paul Krugman (@paulkrugman) May 2, 2017
Gird your loins, and click the “more” tag
So should I bring an umbrella? If I do, and it doesn't rain, I've borne an unnecessary cost. If I don't, and it does, I get soaked
— Paul Krugman (@paulkrugman) May 2, 2017
Huh. I can buy a nice umbrella for $20 or less. And I do it with my money.
So two questions. One is probabilities: how likely is that rain. The other is costs: how heavy is that umbrella, how bad being drenched
— Paul Krugman (@paulkrugman) May 2, 2017
Here’s the cool thing: I can look at the weather radar in numerous ways. And, if it looks like rain, I can take the umbrella I paid for with me into the store. No need to spend thousands of dollars (in context of umbrellas) on an umbrella now for when it might maybe possibly “shrugs shoulders” rain during the barbecue festival next October in Rocky Mount.
Climate change is the rain; climate policy the umbrella. What do we know?
1. Climate change could be really, truly, civilization-ending bad
— Paul Krugman (@paulkrugman) May 2, 2017
Could be. Hence, let’s spend billions, heck, it really amounts to Warmists wanting trillions, on “I dunno.”
It’s very, very, very unlikely that your house will burn down, yet if it does it will take a few year’s salary to replace it. The smart thing to do is buy insurance because the cost of even the slight risk is so high.
The likelihood of damaging global warming IS GREATER than the likelihood of your house burning down.
In addition, TEACH is clueless about the cost of “decarbonizing” our energy systems. TEACH keeps repeating his same lies of ignorance. Professor Krugman wrote a long but excellent essay years ago in the NYT discussing the economics of global warming. You should read it. Here’s a shorter, similar and more recent take: https://www.nytimes.com/2014/09/19/opinion/paul-krugman-could-fighting-global-warming-be-cheap-and-free.html?_r=0
Record floods here today. Two interstates into St. Louis closed, several other state highways and roads also closed – no way to get south of St. Louis today – let’s see if those Repub district folks re-elect their (and my) Repub representative. Good luck neighbors. 3-4 more inches of rain tomorrow! This is the second “500 year” flood here in 16 months. How extreme.
Every year now we spend 10s of millions here for flood mediation and repairs. Americans (you) spent a billion or so after the early 1990s floods here to build a massive MO River levee (thank you for your taxes!). That flood plain is now filled with malls, restaurants and shops (until that levee gets topped). It will only get worse.
Totally wrong about global warming due to CO2.
Now if Jeffery could only tie the floods to global warming he’d have something. Of course, there’s absolutely no proof of that.
Speaking of professors, here’s a real climate one from M.I.T. talking about the hoax. http://www.climatedepot.com/2017/05/01/mit-climate-scientist-dr-richard-lindzen-believing-co2-controls-the-climate-is-pretty-close-to-believing-in-magic/
Most record rains came much earlier in history. How inconvenient. https://realclimatescience.com/2016/06/the-apocalypse-of-climate-junk-science/
j,
We don’t need no stinkin’ proof. The people sandbagging their homes for the second time in 2 years are pretty receptive to the explanation.
Even in a red state like Missouri, politicians can add and subtract and our increased extreme floods and tornadoes are costing the state millions every year. And it seems to be getting worse.
It’s getting tougher and tougher for the deniers to persuade the populace that nothing is happening. Your lies are falling on deaf ears.
Richard Lindzen used to deny the link between tobacco and lung cancer. After his tobacco days, he became a global warming misinformer for fossil fuel industry money.
And the opinion piece by Lindzen is in fossil fuel lobbyist Marc Morano’s blog!!
Here’s an article by conservatives encouraging their brethren to admit/understand the science of global warming while still debating the merits of what actions to take, if any.
As we’ve said many times before, CO2 that we’re adding to the atmosphere is causing the Earth to warm and the ocean pH to drop. The debate is about, what, if anything to do about it.
Deniers started by denying warming (some still do), then moved to denying the cause (many still do); next will be the debate about what to do.
As the authors pointed out, carbon taxes or carbon cap and trade systems, were conservative market-based ideas that progressives grudgingly accepted. They even discuss the negative externalities that can be associated with market transactions!
http://www.popsci.com/conservative-climate-change
(and I did read the Lindzen piece in Morano’s conspiracy blog – just Lindzen repeating his unfounded opinions – including that the Earth is not really warming because clouds etc)
Go long on Enron.
-Paul Krugman
@paul krugman