Debate and Business Challenges A lot of the warming took place between 1970 and 1998 If warming continues at the average rate from 1910 to 2000, effects on civilization will be severe There are strong reasons to believe that at least some of the warming after 1970 has been created by business activity The recent climate record according to 3 “standard” Beyond these basic points, everything is controversial 95%+ of professional climate scientists don’t agree with my statement that things are controversial, but … Most climate scientists believe what we are doing to the planet (increasing emissions of carbon dioxide, methane) is certain to cause catastrophe But a few do not ◦ Richard Lenzen, M.I.T. ◦ John Christy, Alfred Sloan Professor of Climate Science at NOAA-funded researcher at U. of Alabama Experts in seemingly related fields are skeptical ◦ Forecasting, decision science The stakes are high contradictory claims; threat that we may seriously damage civilization. A big question: Just what is our responsibility? Much of human history took place during ice ages Emergence of agriculture and spurt in population took place just after a moderate warming ◦ After that climate was unusually stable Warming was noted in the 1930s, continued to the 40s, but was reversed 1945-1971 ◦ Maybe because this was the era of high particulateemitting cars and factories in America and Europe? Warming resumed after 1971 Today the earth is at least 1〫or so warmer than in 1910 Most are poorly understood But clearly, some gases let more heat come in than they allow to go out ◦ Business activity is increasing the amount of these gases And some things humans do make things cooler ◦ Soot in the atmosphere Mainstream climate scientists’ models suggest current trends lead to 3〫more warming by 2010 ◦ and much more heating after that ◦ Carbon burned today stays in atmosphere a long time Many climate scientists thing things will be worse ◦ They’re asked to be ‘cautious’ in their projections ◦ Today’s models don’t include recent developing Heat waves Stronger hurricanes Change in locations where rain falls Higher sea levels Less food production in tropical countries ◦ But more food production further from the equator Not necessarily the end of civilization, but not a world we’d like to see John Christy, a co-author of the original IPCC reports, says: ◦ Standard estimates overstate warming because of urbanization around the temperature measuring sites Parking lots, new air conditioners, buildings radiating heat have been created near some measuring equipment ◦ Christy & Spenser measure temperature using NASA satellite data, get much lower numbers ◦ “The real atmosphere has many ways to respond to the changes that increased CO2 forces on it” Some data suggests as earth warms, cloud cover increases, limiting warming In recent decades, researchers in forecasting and decision sciences have tried to identify when ‘expert opinion’ is reliable Their rules say: Create a simple causal model They say if the model is complex and contains lots of uncertainty, it isn’t reliable ◦ So they’re skeptical about standard climate scientists Armstrong (forecasting expert) says: do nothing Christy says: Build nuclear power Yes, often. Some non-successes ◦ Psychological testing programs ◦ Econometric forecasting ◦ Psychoanalysis But probably never with such high stakes At minimum, the global warming story is a careful but potentially fallible weather forecast ◦ It may be wrong ◦ But so might the forecasts today on weather.com ◦ The fact that forecasts might be wrong doesn’t prevent us from refusing to go on picnics when forecasts say it will rain Standard science argues it’s important to keep global temperatures from rising more than 2〫 Standard estimates suggest big declines in greenhouse gas emissions are needed to keep rise to that level ◦ Because carbon entering atmosphere today stays for 200 years or so, gas produced post-WW II is just beginning to affect the earth ◦ Demanded cut are unlike anything close to passing Congress A WW II-level mobilization? Energy is by many measures the world’s largest industry If it’s changing rapidly, there will be lots of opportunity ◦ (If China’s currency is undervalued, the opportunity may go to China) Government will remake the energy world ◦ Silicon Valley business can prosper ◦ It won’t be surprising if others resent us While many businesspeople may prosper, there will be need for many to sacrifice