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	<title>Comments on: It&#8217;s still 20%</title>
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	<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/</link>
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	<pubDate>Wed, 23 May 2012 10:08:25 +0000</pubDate>
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		<title>By: Alan</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-54627</link>
		<dc:creator>Alan</dc:creator>
		<pubDate>Mon, 31 May 2010 21:27:05 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-54627</guid>
		<description>@Dealga

It is clear from your comments that you know bugger all about nonlinear physics.  "...pushing the system, possibly to the point of non-linearity" -it's not a bloody guitar amplifier we are talking about here.  The climate is chaotic - this means it is nonlinear by definition.  This also means BY DEFINITION that there does not exist any simple linear relationships between CO2 and temperature or anything else.  If you don't understand, I suggest you go off and study it for 15 years and come back to me.   And yet you feel happy to call people deniers and worse who try to bring these things to people's attention...there was me thinking you were some sort of expert based on the general snippiness of your replies on this blog.</description>
		<content:encoded><![CDATA[<p>@Dealga</p>
<p>It is clear from your comments that you know bugger all about nonlinear physics.  &#8220;&#8230;pushing the system, possibly to the point of non-linearity&#8221; -it&#8217;s not a bloody guitar amplifier we are talking about here.  The climate is chaotic - this means it is nonlinear by definition.  This also means BY DEFINITION that there does not exist any simple linear relationships between CO2 and temperature or anything else.  If you don&#8217;t understand, I suggest you go off and study it for 15 years and come back to me.   And yet you feel happy to call people deniers and worse who try to bring these things to people&#8217;s attention&#8230;there was me thinking you were some sort of expert based on the general snippiness of your replies on this blog.</p>
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		<title>By: dealga</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-54076</link>
		<dc:creator>dealga</dc:creator>
		<pubDate>Sat, 29 May 2010 17:04:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-54076</guid>
		<description>Not sure who really thinks that “climate” is not “economics”. The issue is that economists obfuscate matters (a side issue is that too many economists feel competent to pass judgement on the science itself despite no learning in the relevant fields).

In any risk assessment it is necessary to weigh up severity of consequence against probability of occurrence. The average denialist, by refusing to accept that climate change is happening in the first place effectively insists that probability of occurrence is low. Others, of Lomborg’s ilk, believe the severity of consequence is low, even if the probability of occurrence is higher than the denialists choose to believe. 

Both positions allow conservative ideologues to advocate do little-or-nothing policies, either for honest or dishonest reasons (presumed massive cost being an example of the former; a right wing ideological libertarian dislike of government being an example of the latter). The conclusion remains, therefore, that the economists who advocate minimal proactive intervention are either anti-science denialists, or believe the consequences of climate change to be limited, or some combination of both.

Nonetheless we do know, despite the nonsense and the cherry picking and the ‘scandals’, that the earth is warming and that the climate will change. It is, however, true that the future of such a complex system — climate change combined with impact on human civilisation — is inherently unpredictable. But it does not then follow that that unpredictability allows us to assume that pushing the system, possibly to the point of non-linearity, will have little consequence. That is simply short-sighted.

Still, as the probability of occurrence increases, the justification for not acting on the basis of not knowing the severity of consequence becomes more tenuous anyway. This is why the conservative economists attempt to pick holes in the predictive models of the real scientists to imply that the complex system is not being pushed into non-linearity in the first place - no big change, no major issue to resolve. 

We know how climate and human civilisation coexist today so do we invest in trying to minimise the change in the system we have or do we take a chance that the effects of the change we know is happening won't be as bad as some predict? Getting it wrong at the other end of this great experiment is surely vastly more expensive. 

Even for an economist.</description>
		<content:encoded><![CDATA[<p>Not sure who really thinks that “climate” is not “economics”. The issue is that economists obfuscate matters (a side issue is that too many economists feel competent to pass judgement on the science itself despite no learning in the relevant fields).</p>
<p>In any risk assessment it is necessary to weigh up severity of consequence against probability of occurrence. The average denialist, by refusing to accept that climate change is happening in the first place effectively insists that probability of occurrence is low. Others, of Lomborg’s ilk, believe the severity of consequence is low, even if the probability of occurrence is higher than the denialists choose to believe. </p>
<p>Both positions allow conservative ideologues to advocate do little-or-nothing policies, either for honest or dishonest reasons (presumed massive cost being an example of the former; a right wing ideological libertarian dislike of government being an example of the latter). The conclusion remains, therefore, that the economists who advocate minimal proactive intervention are either anti-science denialists, or believe the consequences of climate change to be limited, or some combination of both.</p>
<p>Nonetheless we do know, despite the nonsense and the cherry picking and the ‘scandals’, that the earth is warming and that the climate will change. It is, however, true that the future of such a complex system — climate change combined with impact on human civilisation — is inherently unpredictable. But it does not then follow that that unpredictability allows us to assume that pushing the system, possibly to the point of non-linearity, will have little consequence. That is simply short-sighted.</p>
<p>Still, as the probability of occurrence increases, the justification for not acting on the basis of not knowing the severity of consequence becomes more tenuous anyway. This is why the conservative economists attempt to pick holes in the predictive models of the real scientists to imply that the complex system is not being pushed into non-linearity in the first place - no big change, no major issue to resolve. </p>
<p>We know how climate and human civilisation coexist today so do we invest in trying to minimise the change in the system we have or do we take a chance that the effects of the change we know is happening won&#8217;t be as bad as some predict? Getting it wrong at the other end of this great experiment is surely vastly more expensive. </p>
<p>Even for an economist.</p>
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		<title>By: Richard Tol</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53921</link>
		<dc:creator>Richard Tol</dc:creator>
		<pubDate>Fri, 28 May 2010 13:28:56 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53921</guid>
		<description>@all those who think that "climate" is not "economics"
I'll discuss selected climate issues here:
http://ipccar5wg2ch10.blogspot.com/</description>
		<content:encoded><![CDATA[<p>@all those who think that &#8220;climate&#8221; is not &#8220;economics&#8221;<br />
I&#8217;ll discuss selected climate issues here:<br />
<a href="http://ipccar5wg2ch10.blogspot.com/" rel="nofollow">http://ipccar5wg2ch10.blogspot.com/</a></p>
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		<title>By: Neil S</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53741</link>
		<dc:creator>Neil S</dc:creator>
		<pubDate>Thu, 27 May 2010 19:51:00 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53741</guid>
		<description>What would happen if gas prices plummeted?</description>
		<content:encoded><![CDATA[<p>What would happen if gas prices plummeted?</p>
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		<title>By: Richard Tol</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53729</link>
		<dc:creator>Richard Tol</dc:creator>
		<pubDate>Thu, 27 May 2010 18:46:13 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53729</guid>
		<description>@Veronica
Indeed. 20% instead of 30% means that we do not have to buy permits for 5.5 mln tonnes CO2eq at 10 euro per tonne (in 2020, less before that, more after that).</description>
		<content:encoded><![CDATA[<p>@Veronica<br />
Indeed. 20% instead of 30% means that we do not have to buy permits for 5.5 mln tonnes CO2eq at 10 euro per tonne (in 2020, less before that, more after that).</p>
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		<title>By: Veronica</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53710</link>
		<dc:creator>Veronica</dc:creator>
		<pubDate>Thu, 27 May 2010 17:13:26 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53710</guid>
		<description>Richard,

Bringing it all back home, Ireland will not meet its 20% emissions targets by 2020 anyway, at least according to the EPA report co-authored by your good self:

"Between 2013 and 2020, an average growth rate for all emissions of 1 per cent is projected. Ireland is not likely to meet its target under the EU agreements for 2020. Almost €600 million may need to be spent on permit imports in 2020."

So given our fiscal problems, it's good news for Ireland that the EU has temporarily abandoned a 30% target, as this would increase our own savings target beyond the 20% we can't reach anyway?</description>
		<content:encoded><![CDATA[<p>Richard,</p>
<p>Bringing it all back home, Ireland will not meet its 20% emissions targets by 2020 anyway, at least according to the EPA report co-authored by your good self:</p>
<p>&#8220;Between 2013 and 2020, an average growth rate for all emissions of 1 per cent is projected. Ireland is not likely to meet its target under the EU agreements for 2020. Almost €600 million may need to be spent on permit imports in 2020.&#8221;</p>
<p>So given our fiscal problems, it&#8217;s good news for Ireland that the EU has temporarily abandoned a 30% target, as this would increase our own savings target beyond the 20% we can&#8217;t reach anyway?</p>
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		<title>By: Geckko</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53682</link>
		<dc:creator>Geckko</dc:creator>
		<pubDate>Thu, 27 May 2010 14:51:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53682</guid>
		<description>I could not but lauh at the logic that suggests because of the affect that falling output has had on EU emissions, it would now be much "cheaper" to achieve even larger cuts by 2020.

A sort of locking in emissions reductions by locking in all the lovely unemployment and idle capital we have unexpectedly securred?</description>
		<content:encoded><![CDATA[<p>I could not but lauh at the logic that suggests because of the affect that falling output has had on EU emissions, it would now be much &#8220;cheaper&#8221; to achieve even larger cuts by 2020.</p>
<p>A sort of locking in emissions reductions by locking in all the lovely unemployment and idle capital we have unexpectedly securred?</p>
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		<title>By: Richard Tol</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53582</link>
		<dc:creator>Richard Tol</dc:creator>
		<pubDate>Thu, 27 May 2010 09:05:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53582</guid>
		<description>@Sarah
Any self-help book will tell you that goals should be realistic.</description>
		<content:encoded><![CDATA[<p>@Sarah<br />
Any self-help book will tell you that goals should be realistic.</p>
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		<title>By: Sarah</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53581</link>
		<dc:creator>Sarah</dc:creator>
		<pubDate>Thu, 27 May 2010 08:58:49 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53581</guid>
		<description>@ Richard, the 20% target was meant to inspire and engage politicians and citizens. 

When dealing with humans, there is a lot more than just the pure science &#38; economics to consider.</description>
		<content:encoded><![CDATA[<p>@ Richard, the 20% target was meant to inspire and engage politicians and citizens. </p>
<p>When dealing with humans, there is a lot more than just the pure science &amp; economics to consider.</p>
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		<title>By: Richard Tol</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53560</link>
		<dc:creator>Richard Tol</dc:creator>
		<pubDate>Thu, 27 May 2010 05:15:04 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53560</guid>
		<description>@George
That's a difficult question. The 20/30% target was never justified, but instead derived from the 2 degrees target. The 2 degrees target was "justified" by two European Commission documents that used tricks that would make Nick Stern blush. Recall that the Stern Review endorses a target that is closer to 3 degrees; and that the Stern Review is not without its critique either.

There was a difference between the unilateral target (20%) and the multilateral target (30%) so that the EU had something to put on the table in Copenhagen. If we now go for 30% anyway, the EU will go to Cancun with no room to negotiate on targets. We could only offer more money to match a counteroffer by the Americans and Chinese. Is that a wise position to be in?

Hedegaard argues that the 20% target was never an emissions target, but rather a spending target. The recession has cut emissions. If we spend the same amount of money as we would have had without the recession, we would reach 30% -- according to Hedegaard who wisely did not back up this claim with any analysis. That's not a justification in terms of the public good. It's a politician defending her budget and power.</description>
		<content:encoded><![CDATA[<p>@George<br />
That&#8217;s a difficult question. The 20/30% target was never justified, but instead derived from the 2 degrees target. The 2 degrees target was &#8220;justified&#8221; by two European Commission documents that used tricks that would make Nick Stern blush. Recall that the Stern Review endorses a target that is closer to 3 degrees; and that the Stern Review is not without its critique either.</p>
<p>There was a difference between the unilateral target (20%) and the multilateral target (30%) so that the EU had something to put on the table in Copenhagen. If we now go for 30% anyway, the EU will go to Cancun with no room to negotiate on targets. We could only offer more money to match a counteroffer by the Americans and Chinese. Is that a wise position to be in?</p>
<p>Hedegaard argues that the 20% target was never an emissions target, but rather a spending target. The recession has cut emissions. If we spend the same amount of money as we would have had without the recession, we would reach 30% &#8212; according to Hedegaard who wisely did not back up this claim with any analysis. That&#8217;s not a justification in terms of the public good. It&#8217;s a politician defending her budget and power.</p>
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		<title>By: Dave</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53544</link>
		<dc:creator>Dave</dc:creator>
		<pubDate>Thu, 27 May 2010 00:26:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53544</guid>
		<description>"He hasn’t said anything whatsoever about the Irish economy in a long time."

I would have thought reducing greenhouse emission by 20-30% would be hugely related to the Irish economy. Wrong again, I guess.</description>
		<content:encoded><![CDATA[<p>&#8220;He hasn’t said anything whatsoever about the Irish economy in a long time.&#8221;</p>
<p>I would have thought reducing greenhouse emission by 20-30% would be hugely related to the Irish economy. Wrong again, I guess.</p>
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		<title>By: George</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53537</link>
		<dc:creator>George</dc:creator>
		<pubDate>Wed, 26 May 2010 22:43:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53537</guid>
		<description>What would be far more interesting is an evaluation of whether any of the claims in the document could plausibly justify moving to 30%.  A genuine concern seems to be that the carbon price signal generated by the current pledges will be far too low to incentivise the desired rate of technological progress.  However perhaps the planned economy in the far east has ways of identifying a winner and backing it with their different toolkit.  Also question could be asked about the approach to carbon leakage heretofore.  Have the vested interests had too much influence?  
Richard brings the issues to the table, we dont have to agree with him to engage in debate.</description>
		<content:encoded><![CDATA[<p>What would be far more interesting is an evaluation of whether any of the claims in the document could plausibly justify moving to 30%.  A genuine concern seems to be that the carbon price signal generated by the current pledges will be far too low to incentivise the desired rate of technological progress.  However perhaps the planned economy in the far east has ways of identifying a winner and backing it with their different toolkit.  Also question could be asked about the approach to carbon leakage heretofore.  Have the vested interests had too much influence?<br />
Richard brings the issues to the table, we dont have to agree with him to engage in debate.</p>
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		<title>By: Ronan Burke</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53529</link>
		<dc:creator>Ronan Burke</dc:creator>
		<pubDate>Wed, 26 May 2010 22:03:34 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53529</guid>
		<description>Doesn't mean hes wrong though, Joseph.</description>
		<content:encoded><![CDATA[<p>Doesn&#8217;t mean hes wrong though, Joseph.</p>
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		<title>By: Joseph</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53514</link>
		<dc:creator>Joseph</dc:creator>
		<pubDate>Wed, 26 May 2010 20:30:53 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53514</guid>
		<description>@ben - you need a good slap. You complain about this blog by posting one of the most p*ss-poor posts I've seen in a long time.</description>
		<content:encoded><![CDATA[<p>@ben - you need a good slap. You complain about this blog by posting one of the most p*ss-poor posts I&#8217;ve seen in a long time.</p>
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		<title>By: ben</title>
		<link>http://www.irisheconomy.ie/index.php/2010/05/26/its-still-20/#comment-53512</link>
		<dc:creator>ben</dc:creator>
		<pubDate>Wed, 26 May 2010 20:21:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.irisheconomy.ie/?p=6781#comment-53512</guid>
		<description>Isn't there a denialist crank blog somewhere else that Richard could go to and enjoy the company of like-minded zealots? He hasn't said anything whatsoever about the Irish economy in a long time. This blog has already done much to acquire itself a reputation for its ignorant, bitter axe-grinding about an issue that its contributors don't understand and don't want to understand.</description>
		<content:encoded><![CDATA[<p>Isn&#8217;t there a denialist crank blog somewhere else that Richard could go to and enjoy the company of like-minded zealots? He hasn&#8217;t said anything whatsoever about the Irish economy in a long time. This blog has already done much to acquire itself a reputation for its ignorant, bitter axe-grinding about an issue that its contributors don&#8217;t understand and don&#8217;t want to understand.</p>
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