Posts Tagged: economics

A response to Tony Juniper

There are two questions I would like to put to the proponents of Values Modes or Cultural Dynamics (CD).

Firstly, is systemic change necessary? In other words: in order to minimise the speed and impact of climate change, do we need to alter any of the fundamental workings of the institutions and machinery of our society so that they, collectively, produce markedly different environmental outcomes? If your answer is no, that things are basically fine and some of the outputs just need tweaking, then we can stop right here as we’ve found the point of real and absolute difference with the Common Cause approach that supersedes everything below. I’d suggest people use this difference to judge which of the two more suits them.

If, however, we do think systemic change is necessary, then that requires us to examine certain facts. Firstly, that the global political economy is built in large part around corporate consumerist values of wealth, status and power. As opposed to, say, beauty, equality or caring for loved ones. Countries must acquire ever more material wealth (or GDP growth); individuals are encouraged hundreds or thousands of times every day to dress in a certain way to be attractive, watch TV to be entertained, look younger, drive better cars, go on foreign holidays, and so on. We must look at the fact that to drive these behaviours, consumers – as we’ve become known – must actually want them; that demand is required. To create demand, peoples’ desire for (that is, the degree to which they value) their own wealth, power and status are commonly appealed to. We must circle back round to the fact that to satisfy the demand that they have spent large budgets and endless amounts of human creativity to stimulate, the vast majority of economic actors – what can credibly be called the bulk of the system – use methods of production and distribution that are directly and significantly implicated in changing the climate. Which brings us irrevocably back round to the intense focus we place on the values that drive this type of economic activity. And finally, we must accept that the intensity and self-perpetuating nature of that focus, must, at some level, be addressed if we are interested in anything but treating symptoms.

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This week’s top climate science links

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  • And yet it works. Adam Corner on ‘ClimateGate’, transparency & peer-review. – “Open access is based on the premise that there are those outside the inner circle of peer reviewers who are competent enough to provide a second opinion on the science. This is indisputably true. But while talk of throwing open the lab doors might be rhetorically satisfying, it would provide only an illusion of democracy. Certainly there are non-academics competent enough with statistics to find errors in a piece of published science. Correcting errors in science would be a valuable service for an auditor to offer. But if several auditors reached conflicting conclusions, then somehow a judgement would have to be made about their respective competence. And who should make that judgement? Presumably a group of suitably qualified, honest individuals with a proven track record in a relevant discipline – in other words, peer review.”
  • Climate email inquiry: bringing democracy to science | Richard Horton – “Scientists need to do more to emphasise their uncertainties, not recoil from them. Uncertainty may be uncomfortable, but its admission builds trust. It demonstrates integrity. One of science’s great strengths is its quantification of doubt. Fourth, scientists need to take peer review off its pedestal. As an editor, I know that rigorous peer review is indispensable. But I also know that it is widely misunderstood. Peer review is not the absolute or final arbiter of scientific quality. It does not test the validity of a piece of research. It does not guarantee truth. Peer review can improve the quality of a research paper – it tells you something about the acceptability of new findings among fellow scientists – but the prevailing myths need to be debunked. We need a more realistic understanding about what peer review can do and what it can’t. If we treat peer review as a sacred academic cow, we will continue to let the public down again and again.”
  • Economics Behaving Badly – A great NYT article on behavioural economics & its failings, important for climate policy.
  • Institute of Physics disbands Energy Sub-Group following ‘skeptical’ ClimateGate submission – Hopefully the end of the embarrassment for the IoP.

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Offshore Valuation report launched

The Offshore Valuation is published today by the Offshore Valuation Group, chaired by the Public Interest Research Centre. It is the first comprehensive valuation of the UK’s offshore renewable energy resource over the long-term that explicitly assesses electricity exports to Europe.

The Offshore Valuation Group is an informal collaboration of government and industry organisations that has commissioned an independent report to address the question: what is the value of Britain’s offshore renewable resource? The group includes the UK, Scottish and Welsh Governments, The Crown Estate and eight companies across the energy sector.

You can download a copy here [zip file].

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This week’s climate links

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