The Forum > Article Comments > Garnaut fails to understand the real issues when it comes to electricity > Comments
Garnaut fails to understand the real issues when it comes to electricity : Comments
By Brad Page, published 6/6/2011The transition to carbon pricing will be most successfully made by ensuring any carbon pricing scheme recognises up-front the disproportionate losses – for debt and equity – and recompenses them.
- Pages:
-
- 1
- Page 2
-
- All
Effects and outcomes of the global warming alarm: A forecasting project using the structured analogies method
Kesten C. Green, J. Scott Armstrong
We summarize evidence showing that the global warming alarm movement has more of the character of a political movement than that of a scientific controversy. We then make forecasts of the effects and outcomes of this movement using a structured analysis of analogous situations—a method that has been shown to produce accurate forecasts for conflict situations. This paper summarizes the current status of this "structured analogies project." We searched the literature and asked diverse experts to identify phenomena that could be characterized as alarms warning of future disasters that were endorsed by scientists, politicians, and the media, and that were accompanied by calls for strong action. The search yielded 71 possible analogies. We examined objective accounts to screen the possible analogies and found that 26 met all criteria. We coded each for forecasting procedures used, the accuracy of the forecasts, the types of actions called for, and the effects of actions implemented. Our preliminary findings are that analogous alarms were presented as "scientific," but none were based on scientific forecasting procedures. Every alarming forecast proved to be false; the predicted adverse effects either did not occur or were minor. Costly government policies remained in place long after the predicted disasters failed to materialize. The government policies failed to prevent ill effects. The findings appear to be insensitive to which analogies are included. The structured analogies approach suggests that the current global warming alarm is simply the latest example of a common social phenomenon: an alarm based on unscientific forecasts of a calamity. We conclude that the global warming alarm will fade, but not before much additional harm is done by governments and individuals making inferior decisions on the basis of unscientific forecasts.