Daily Archives: November 16, 2011

Smith and Stern on uncertainty in science and its role in climate policy

by Judith Curry

Risk assessment requires grappling with probability and ambiguity (uncertainty in the Knightian sense) and assessing the ethical, logical, philosophical and economic underpinnings of whether a target of ‘50 per cent chance of remaining under +2◦C’ is either ‘right’ or ‘safe’. How do we better stimulate advances in the difficult analytical and philosophical questions while maintaining foundational scientific work advancing our understanding of the phenomena? And provide immediate help with decisions that must be made now?

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Capitalism vs. the Climate

by Judith Curry

There is a question from a gentleman in the fourth row.  He introduces himself as Richard Rothschild. He tells the crowd that he ran for county commissioner in Maryland’s Carroll County because he had come to the conclusion that policies to combat global warming were actually “an attack on middle-class American capitalism.” His question for the panelists, gathered in a Washington, DC, Marriott Hotel in late June, is this: “To what extent is this entire movement simply a green Trojan horse, whose belly is full with red Marxist socioeconomic doctrine?”

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