Category Archives: Economics

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Judith Curry

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…will be testifying before Congress tomorrow (if she can get out of Reno). Given that the Democrats are in charge of the House now, it looks like it will be a hostile audience. I wonder who invited her?

[Thursday-morning update]

Her post-testimony thoughts:

In 2003 or so, I hired Kim Cobb at Georgia Tech. During my later years at Georgia Tech, we disagreed on A LOT of things.

But I will give credit where it is due:

Kim walks the talk in her personal lifestyle: vegetarian, rides bike to work, solar panels, minimizes flying etc. Very few climate scientists do this.
She genuinely wants climate solutions, and is prepared to work with energy companies and Republicans. VERY FEW climate scientists do this.
Here is excerpt from the first paragraph of her written testimony:

“My message today is simple: there are many no-regrets, win-win actions to reduce the growing costs of climate change, but we’re going to have to come together to form new alliances, in our home communities, across our states, and yes, even in Washington. There are plenty of prizes for early, meaningful action. These include cleaner air and water, healthier, more resilient communities, a competitive edge in the low-carbon 21st century global economy, and the mantle of global leadership on the challenge of our time. I’m confident that through respectful discourse, we will recognize that our shared values unite us in seeking a better tomorrow for all Americans.”

She discusses adaptation, innovation, energy efficiency, land use practices, as well as CO2 emissions reductions.

Compare her recommendations with my closing recommendation (slightly modified on the fly, from what was given in my previous post):

“Bipartisan support seems feasible for pragmatic efforts to accelerate energy innovation, build resilience to extreme weather events, pursue no regrets pollution reduction measures, and land use practices. Each of these efforts has justifications independent of their benefits for climate mitigation and adaptation. These efforts provide the basis of a climate policy that addresses both near-term economic and social justice concerns, and also the longer-term goals of mitigation.”

Is it just me, or is there common ground here?

The no-regrets angle is key here. Richard Lindzen reminded me that ‘no-regrets’ used to be the appropriate framework for climate policy.

It’s now almost a decade since I proposed that we come up with a regret matrix. I’ve still never seen one.

Business, Economics, Media Criticism, Political Commentary, Popular Culture, Science And Society, Social Commentary, Space, Technology and Society

Space Settlement Straw Man

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I don’t know whether this guy’s ideas for carbon capture make economic sense or not, but this I see a lot of this sort of nonsense:

You quote the Jesuit philosopher Thomas Berry, who writes about our being inseparable from the Earth. That’s not trending in Silicon Valley the way, say, terraforming Mars is.

What the hell do we do when we’ve trashed the hell out of Earth? We escape to another planet! That appears to be the attitude from the tech-os. Well, I find that hugely irresponsible. Why waste billions on going to Mars when we should be putting that into nourishing Earth? It’s your classic mechanical mind gone to the extreme, and I find it abhorrent from people that are meant to be intelligent. We are an integral part of Earth and until we start nurturing her, we are going to go down the gurgler. Maybe a few of those tech-os will end up on a spaceship, but the rest of us won’t.

I don’t know anyone who wants to escape to another planet because we’ve trashed the earth.

Business, Economics, Social Commentary, Space, Technology and Society

Interior Design

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…of long-duration space ships. I’d like to attend that event, but it looks like it coincides with the Space Transportation Conference in DC.

These issues are why I’ve never taken any Mars plans by NASA seriously. Until we dramatically reduce the cost of access to space, so we can afford an armada of spacious vehicles, sending humans to Mars will be a pipe dream, but at least Elon is taking that problem seriously, even if he’s doing nothing about the partial-gravity issue.

[Update a few minutes later]

Oops, there is no conflict, but I still can’t go; it starts tomorrow. I wonder if Lurio will attend?

Business, Economics, Education, Law, Media Criticism, Political Commentary, Social Commentary, War Commentary

The Democrats

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…lose their minds:

Let’s see … what else happened in the busy world of crazy … excuse me while I flip through my files … Ah yes, there was congresswoman Ilhan Omar, parroting the Kremlin-Havana-Tehran line on the democratic uprising in Venezuela, calling it “a U.S. backed coup.” A few days later, Omar, a supporter of the anti-Semitic Boycott Divestment Sanctions movement whom the Democrats have awarded with a place on the House Foreign Relations Committee, said she “almost chuckles” because “we still uphold” the Jewish State of Israel “as a democracy in the Middle East.” I chuckle—and begin seriously to worry—that someone who cannot distinguish between tyranny in Latin America and democracy in the Middle East commands such acclaim and receives such attention. Omar has former Obama adviser Valerie Jarrett in her corner. When Omar dismissed Congressman Lee Zeldin’s criticism of her views by Tweeting, “Don’t mind him, he is just waking up to the reality of having Muslim women as colleagues who know how to stand up to bullies!”, Jarrett replied, “Shake him up!” Zeldin is a Jewish Republican.

Finally, as the week came to a close, the Democrats went beyond their support for partial-birth abortion to defend—the very fact that I have to write the following words saddens me to no end—post-birth abortion. This practice has been known throughout history as infanticide, and it flourished widely in the ancient world before being condemned in the Judeo-Christian tradition. As we “progress” from that tradition—a progression that is in fact a reversion—the morals and values that bind us to a culture of life slowly fade away. They are still there, of course, gossamer-like and tenuous, which is why Kathy Tran, the Fairfax County delegate to the Virginia Assembly who sponsored a bill lifting all state restrictions on abortion, hesitated before admitting that her legislation authorized the termination of a pregnancy up to the moment of delivery.

I’m not sure that this is anything new as much as Trump has simply made it much more obvious.