Subtitle: “Structural Uncertainty and the Value of Statistical Life in the Economics of Catastrophic Climate Change”
“Man, that was some party.”
(Knut has some trouble adjusting to his status of no longer being a child celebrity.)
For Joe Romm, what is especially alarming about a Weitzman’s analysis is that:
He truly could not remember meeting her at that party
There is far greater chance than 3% that we will have a total warming of 6°C or more in a century or so, if we don’t reverse emissions trends soon.
Continued failure to act quickly means additional carbon cycle feedbacks will kick in by mid-century, further escalating greenhouse gas concentrations and temperatures well beyond standard IPCC projections. Editor’s emphasis added to original observation by Romm
Put another way, the brown stuff is really going to hit the rotating device and it won’t be distributed equally
If we don’t stabilize below 500 ppm of carbon dioxide emissions (we are at 380 today and were at 280 pre-industrial), we will probably soar to at least 800 ppm in a century, if not 1000 ppm or more. Losing either the permafrost or the Amazon are sufficient to take us to 1000.
And, playing the accountant’s game (as opposed to playing the Fool) sure feeds the denial…
“Ah, we lost the Earth, it was bad quarter.”
