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Spartacus's avatar

I have rubbed shoulders with some of these types at dinner parties of they hyper wealthy, the oil men whose only ambition in their later years is to maintain their income, and pay for pretty girls to come to such parties on their arm. They don't particularly care, and most are not particularly smart, but I met nobody who thinks they are killing civilization.

They have been told for decades that the economic consequences are tiny, not to worry. Over and over, they have been told this. So have politicians. At +4 to +6C, maybe 2% economic damages. No worries! (With a few CYA words buried deep in papers few actually read beyond the abstract.)

William Nordhaus is the person guilty of this crime. Nordhaus' farcical Nobel is a crime against humanity. Nordhaus' acolytes control climate economics today. For all practical purposes Nordhaus' acolytes ARE climate economics today. Their double-think, arrogance, and stupidity are astonishing to deal with.

Gernot Wagner, James Rising, and Simon Dietz are the most recent group to continue this crime against humanity. Their mendacity is on full display in their 2021 paper and their response to our criticism. Their PNAS "Economic impacts of tipping points in the climate system" is an appalling piece of garbage built on meaningless modeling that Nordhaus created. The criticism of these models is eviscerating. That it was passed through PNAS referees tells you everything you need to know about how completely farcical the 'climate economics' subfield is. All of it, every bit, is garbage, and they are why we continue to ignore this problem that will destroy global civilization.

Climate economists - every single one - are the people that you should be attacking with the intent to destroy their careers. These are the people that should shunned by sane society. They are the most guilty ones. All of them should be cast out of every university or "think tank" they work for, and tried for treason and crimes against humanity. This is no exaggeration.

But this also indicts every mainstream economist in the world. Those economists have allowed this monstrosity of corruption or profound incompetence and good-old boy clubbiness to be perpetrated on society. All of them just sit by and mouth platitudes and nonsense while proclaiming that NOBODY ELSE could POSSIBLY comprehend the tradeoffs.

Yes, you too, Paul Krugman. You too. You are ALL guilty of this atrocity.

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Gabriele Roselius's avatar

Love the narrative.

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