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AlexSteffen's profile
Alex Steffen
Alex Steffen
Alex Steffen
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@AlexSteffen

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Alex SteffenVerified account

@AlexSteffen

Veteran climate futurist. System storyteller. Advisor on strategy. Realistic optimist. Wonder-struck dad. My next book is THE SNAP FORWARD.

California
alexsteffen.com
Joined March 2008

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    Alex Steffen‏Verified account @AlexSteffen 8 Oct 2018

    If I had the time and heart to comment on Nordhaus' Nobel, it would be to simply say that Nordhaus was wrong, in ways that may have done as much damage as it's possible for an economist to do. Two reasons.https://www.nytimes.com/2018/10/08/business/economic-science-nobel-prize.html …

    9:06 AM - 8 Oct 2018
    • 45 Retweets
    • 60 Likes
    • Neel Pandey Christian Roselund Sara Vigil Linda Morris Kelley Sushma Joshi Nabeel Shakeel Ahmed Jakob Grandin Geraint Williams Bauchelain's Brother🤝
    5 replies 45 retweets 60 likes
      1. New conversation
      2. Alex Steffen‏Verified account @AlexSteffen 8 Oct 2018

        First his attempts to assess the economic impacts of climate change were way too conservative—as he has since acknowledged—lending credibility to the idea that climate change impacts were something society could probably work around, and IMO helping to delay action.

        2 replies 16 retweets 40 likes
        Show this thread
      3. Alex Steffen‏Verified account @AlexSteffen 8 Oct 2018

        Second, putting the weight of economic authority behind carbon pricing as the only effective strategy for action, helped exclude bolder, and—it turns out—more realistic strategies for regulation, public planning and technological disruption.

        3 replies 14 retweets 44 likes
        Show this thread
      4. Alex Steffen‏Verified account @AlexSteffen 8 Oct 2018

        Nordhaus was a cornerstone of the academic foundation on which gradualism was built. That does not deserve praise, at a moment when we realize the terrible injustices gradualism has wrought.

        1 reply 20 retweets 52 likes
        Show this thread
      5. Alex Steffen‏Verified account @AlexSteffen 8 Oct 2018

        But, like I said, I don't really have time to comment more fully...

        2 replies 1 retweet 11 likes
        Show this thread
      6. End of conversation
      1. Tarquin Holmes‏ @TarquinHH 8 Oct 2018
        Replying to @AlexSteffen

        This is Nordhaus of the 'indefinite economic growth will balance out the negative effects of partly mitigated climate change' model, am I right?

        0 replies 0 retweets 5 likes
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      1. New conversation
      2. Albert Pinto‏ @70sBachchan 8 Oct 2018
        Replying to @AlexSteffen

        Albert Pinto Retweeted Albert Pinto

        @GhoshAmitav Pindyck on 'the use and misuse of climate models' captures the fundamental flaw in Nordhaus' reasoning #NobelPrize : http://web.mit.edu/rpindyck/www/Papers/MisuseClimateModelsREEP2017.pdf …https://twitter.com/70sBachchan/status/1049344854881226752 …

        Albert Pinto added,

        Albert Pinto @70sBachchan
        A small fire breaks out in your living room. Normal ppl: Stamp out the fire now before it engulfs the house. Nordhaus: Lets wait. We'll be richer later & have bigger firehoses Fundamental mistake: Impossible to price climate catastrophe #NoPlanetB . Confusing risk & uncertainty
        Show this thread
        1 reply 3 retweets 13 likes
      3. Scott Denning‏Verified account @airscottdenning 8 Oct 2018
        Replying to @70sBachchan @AlexSteffen @GhoshAmitav

        Indeed! The math breaks down when the damage approaches infinity, but is infinitely discounted 😫

        0 replies 0 retweets 7 likes
      4. End of conversation
      1. Exxon Task Force‏ @gasgebouw 8 Oct 2018
        Replying to @AlexSteffen

        Nobel Times @situationBoom

        0 replies 0 retweets 0 likes
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      1. Exxon Task Force‏ @gasgebouw 12 Oct 2018
        Replying to @AlexSteffen

        THERE WILL BE CARBON SHOCK THERE IS NO WAY AROUND IT #slowdrown @ecolocaust

        0 replies 0 retweets 0 likes
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