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In a letter in The Australian Tom Biegler claims JoNova didn’t look at cost benefit studies:
Joanne Nova [Wasting money on Climate betrays the sick] bemoans the lack of cost-benefit analysis to support a price on carbon. She didn’t look very far. The energy economics literature is awash with estimates of the cost of both climate change and abatement measures. They disagree of course, but so would cost-benefit analyses of medical research expenditures, which Nova ignores.
A world where governments spent our money purely on the basis of cost-benefit assessments might look appealing but it’s not going to happen. Priorities reflect what voters want, annoying as that may be. It’s a small price to pay for our wonderful democracy that lets us keep arguing and trying to change each other’s minds.
Tom Biegler, St Kilda East, Vic
My reply sent to The Australian yesterday:
Tom Biegler thinks I’ve ignored cost benefit analysis of climate change abatement. No sir. There are no cost benefit analysis that start with checking the science. No institute or government committee has been paid to audit the IPCC, the BOM or CSIRO’s findings. All the reports assume that the UN […]
Here’s a topic close to my heart. Before I became involved in climate change and currencies, my hot topic-of-choice for years was medical research and health. In my honours degree I worked to get a tiny step closer to treating Duchenne Muscular Dystrophy. When I saw that The Australian Government was threatening to cut medical research, I wanted to put a razor fine point on just what muddy thinking costs us. This article I wrote is published in The Weekend Australian today. We can’t afford to get the decision wrong on climate change. We must fight the battles that matter, not build fortresses against imaginary foes.
Wasting money on climate change betrays sick Joanne Nova From: The Australian May 07, 2011 12:00AM
LOST opportunities are invisible but deadly. On climate change, the call to buy insurance by pricing carbon is a cop-out. Where is the cost-benefit analysis? We’re thinking of axing Australian medical research yet we’re supporting solar panel manufacturers in China. It doesn’t have to be this way.
All the money spent employing green police, subsidizing solar or researching how to pump carbon dioxide underground is money not spent on medical research. Opportunity cost is a killer. […]
The struggles for believers of the theory-with-no-observations are getting worse. Once upon a time they used to just ignore skeptics. Now they’re coming to terms with their fall from hallowed “untouchable” status.
The Climate Spectator posted an article Wish I wasn’t a warmenist last week discussing the new urban terminology:
Here’s how the online Urban Dictionary defines a warmenist: “Gullible, scientificially (sic) illiterate, unthinking acolyte and zombie-fired propagandist of the Religion of Anthropogenic Global Warming.”
One in the eye, one supposes, for all those academies of science which have declared they accept the science of global warming and man’s role in it. But the definition goes on: “One who takes direct orders from High Priest King of Idiocy, Albert J. Gore. One who puts the “mental” in environmentalism. Historical inheritors of those who believed that King Canute could hold back the tides and that the wolf would eat the moon unless their first-born daughter’s virginity was sacrificed to the local shaman.”
They are even thinking of tossing out Tim Flannery (as gently as possible): “Given the level of national debate, maybe Tim Flannery wasn’t the ideal choice to champion the need to do something about climate change.” As usual when […]
Have you wondered just exactly how much money you could pay for the feel-good factor of knowing that your electrons came from fashionable sources?
Thanks to the Victorian government we can get the hard numbers in the Victorian Auditor General’s Report.
In a nutshell, most alternatives are 2-3 times as expensive, except for solar which is 5 times the price.
(Luckily at the moment, renewables only produce 3 – 4 % of all energy in Victoria. Be grateful. You Victorians could be a lot poorer.) As it is, it cost Victorians $415,000 to tell you this, but it may be the most effective money spent on renewable energy in the last ten years. (Though oddly they didn’t produce this helpful comparative graph below. I did that for free.)
The Full PDF
In 2002 the State government of Victoria decided to aim for 10% renewable energy by 2010. You can see how well that worked out for them:
The light blue line (at 10%) was what they were aiming for.
The report is 48 pages. Basically it found that nobody thought too hard about how these aims would be done. Nobody assessed how useful it was to […]
Thanks to the nocarbontax website.
Editor: Satirical Press
…
In a shock result, a new climate model produced results that make sense. The new CCFAFM* model shows that future projected temperatures are closely tied to financial and political forcings. Unlike other climate models, the awkwardly titled CCFAFM was not coupled with oceanic or terrestrial carbon cycle simulations, but with money and politics. The model studied the flow of finance and found a quasi-linear relationship with Climate-Fear.
The NCT team concludes:
…the unbalanced outward radiation of taxpayer money, will very likely cause dangerous cooling of family finances.
We homogenized, adjusted and used liberally unprincipled component method**, too sophisticated for non-climate scientists to understand, and produced a new set of hockey sticks, giving a very robust prediction (>90% likelihood) that we are all being totally screwed (right).
A solution to the climate-financial cycle is apparent from the model
Currently information flow is unidirectional from the UN and governments to the population, so if the flow in information is reversed, potentially, tax funds will return to the people.
Similarly, funds paid to climate skeptics may reverse the financial outgoing longwave radiation.
A large uncontrolled, non-crossover, unhomogenized study is currently underway across […]
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JoNova A science presenter, writer, speaker & former TV host; author of The Skeptic's Handbook (over 200,000 copies distributed & available in 15 languages).
Jo appreciates your support to help her keep doing what she does. This blog is funded by donations. Thanks!
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Statistics
The nerds have the numbers on precious metals investments on the ASX
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