@krispy_donkey, @Solomonsatoshi and @IamSINGLE, I'm putting my responses in a standalone post here.
Correct, krispy: I started the convo so I owe you a serious explanation (but I do reserve my right to call people stupid, and I'm not obliged to respond fully and seriously at your timeline.)
For the rest of you, there's some meaty conspiracy vibes in the opening here.
So apparently this post "Why I Don't Think the Green Fads/Climate Change Worries Last"(#862261) triggered some people so I'm shoving some thoughts here.
Meta convo before we start: Consider that maybe, just maybe your take is wrong. If I'm arguing with a brick wall—immovable, irresponsive—then there's no point. If you don't get it, I don't have the time to convince you sorry.
Meta level 2: consider that maybe, just maybe experts and entire academic disciplines can be wrong and/or captured. Example: bitcoin.
Bitcoin clashes with monetary economics as it comes out of research papers and teaching at elite universities. It comes with a monetary theory that isn't supported or favored by the monetary economists/scientists out there. (Since I've recommended Josh Hendrickson's defense of mainstream economic's view of bitcoin—short story: economics proper favors it; econom_ists_ are mistaken about their own discipline—I'll link that here #732427)
If I took a consensus poll among (elite) economists on whether bitcoin is a good or viable monetary system, I'll get 96%-ish taking the negative. It's been done: spend five minutes scrolling through the Chicago Booth economist survey (here's the questions on bitcoin). My favorite is my otherwise idol Eugene Fama, Nobel prize in 2013:
Yes, esteemed professor, I posit that everything you've learned about monetary theory is meaningless.
The fact that an overwhelming consensus of a field thinks a certain way is not evidence that their position is therefore true.
Now, if you accept that—plausible, given that you're here and have some bitcoin—I ask that you consider the same for climate science.
That entire fields of inquiry go astray from time to time is pretty common in the history of science (hashtag Thomas Kuhn), but calls out for an explanation. Besides straight-out conspiracies, which I have no evidence for, the most convincing explanation I've seen is one of selection: of institutional features surrounding funding, university structure and path-dependent faculties.
That is: The Fed is one of the largest funders of monetary econ research, and probably the single biggest employer of monetary economists. (That's not enough to indict something; the Fed take on money could be right and the dominance merely a consequence of that.)
The selection operates on a number of levels:
- the kinds of people who go into/complete econ Ph.D programmes are not the ones who are mesmerized by bitcoin;
- the types of people who stay, either in academia or in research position (i.e., at the Fed or on Fed money) are unlikely to have a strong position that central banking makes life worse and economies poorer/more unstable, all else equal
- even if they do at the onset, they are unlikely to stay having that opinion. You get nowhere in organizations, funding magically dries up, and it's hard to cognitively bite the hand that feeds you (Upton Sinclair quote = "It is difficult to get a man to understand something when his salary depends on his not understanding it.")
I ask that if you think this is possible in economics, that you also consider it in climate science.
Now, here's how I think about climate matters:
Level 1: Most of "expert climate takes" we consume via the news or activists is not a faithful and balanced rendition of the underlying science. (Go read Shellenberger's Apocalypse Never, Lomberg's False Alarm, and Steve Koonin's Unsettled for in-the-weeds.) We get extreme, dumbed-down takes on fires/sea level/natural disasters/crop failures/warming etc that sometimes are directionally right but quantitatively way off, but often presented to us for their flashy news value rather than scientific rigor. (Numbers are big and humongous; attribution studies on the latest "crisis" absolutely suck.)
Level 2: Even most of the serious science—not even the UNFCCC summary write-ups, political as they are—do not in any way say/claim or justify as aggressive a climate worry as that presented in any popular magazine or among the unsuspecting public. I encourage you to download some lit reviews and take a look; disaster porn ain't there.
Level 3: Even to the extent that the climate science is accurately reflecting some changes in the real, observable world, this has almost entirely ignored the much-relevant science of economics.
My favorite illustration here is my 2021 Human Progress piece on a Super Cyclone in the Indian Ocean—physically speaking, the worst the world had by then ever seen. It made landfall on a poor country (Bangladesh). This should be precisely everything that the climate change crowd has warned about, no? A record-bad natural disaster on a poor, defenseless country... yet rather than the 500,000 people who died 50 years earlier from the then-record cyclone, 128 people died from Amphan. Is that indicating a more or less dangerous nature?
Human progress, encompassing technology and economic growth, stuff and wealth and information, made sure that what nature threw at us did almost nothing to (permanently) harm us. Put differently
If climate change makes nature 10% riskier/more dangerous/more volatile but economic growth and innovations and productivity makes us 100% richer, smarter, and better off... is climate change something to worry about?
Of course, I'm making up these numbers for illustration but the magnitudes are about that (go look at Nordhaus' climate models or other integrated econ-assessments of climate effects.)
There is a lesson here that’s relevant to the climate change conversations that often dominate the news cycle: no matter what effect a changing climate may have on natural disasters, humans have it in their power to prepare, protect, and adapt to the dreadful power of nature. The difference between a catastrophe with hundreds of thousands of dead and merely a costly clean-up isn’t a degree or two in global average temperature. Rather, it is poverty and venal governments that don’t care about the welfare of the populace.
Basically:
- climate change isn't what you hear about on the news
- the climate science itself is nowhere near as dire as anything you've heard
- and it doesn't matter anyway, since econ and technology trumps anything that nature can—and does!—throw at us.
This is pretty common:
I'm not trying to take it as a premise but I'm worried having listened to more and more powerful calamities happening around the world than were in my life's past. I don't look it from either of capitalist or communist perspective/propoganda but I feel that there's no harm in planting more trees. I do it and I encourage everyone to do it. I'm also against the whatever plantation or green coridor development projects that the world is focused at in the deserts.
- More calamities are not happening around the world. Fewer people die from natural disasters than ever. What you hear about and pay attention to is not the same as reality.
- I agree, I like trees. A warmer climate is indeed doing that for us (Greening of the Earth). Besides, you couldn't plant enough trees fast enough (and with opportunity cost?!) to offset the world's total emissions so you still need this conversation/framework.
@Solomonsatoshi's take here is particularly asinine:
Your statement is not backed by the overwhelming majority of science. Climate change is accepted by the vast majority of scientists, and you are not one.
Look, if the litmus test for thinking/having a position on anything is that you're on the inside of a cushy academic club with homogenous beliefs then by definition there can't be criticism, eh?
Also, I hate this "science" idea... which science? The overwhelming majority of climate scientists ignore the insights of economics so what's your point? (That makes it a draw; let's go back to drawing board and argue about reality instead of mudslinging).
So yeah, is there climate change happening in some select domains, in some particular ways? Sure, perhaps a little.
Did humans and their fossil fuel-spewing machines do it? Probably (I don't see how not).
Does it matter, i.e., do "we" have to do anything about it? No, keep economic growth working and we'll be fine (as long as we keep our wits about us, as Deirdre McCloskey usually says).
Yes, entirely disciplines can go wrong (DEI and grievance studies, anyone?!), and I posit climate scientists is in that stage (as is monetary economics when it comes to central banking).
Here is a non-exhaustive list of my previous writing on the topic, so while I'm "not a scientist" this isn't the first I'm looking at this:
https://thedailyeconomy.org/article/lets-cancel-environmentalism-a-triple-review-of-environmentalisms-opponents/
https://thedailyeconomy.org/article/playing-fast-and-loose-with-numbers/
https://humanprogress.org/floating-on-hyperbole-the-new-york-times-take-on-low-lying-islands/
https://humanprogress.org/the-amazon-forest-is-not-about-to-disappear/
https://humanprogress.org/is-the-arctic-ice-about-to-disappear/
https://thedailyeconomy.org/article/why-shouldnt-brazil-burn-its-rainforest/
https://capitalismmagazine.com/2021/02/sustainability-misses-the-point/