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      <title>Marc Morano&#8217;s Climate Hustle Film Set For Paris Premiere With Same Old Denial Myths</title>
      <link>https://thenarwhal.ca/marc-morano-s-climate-hustle-documentary-ready-paris-premiere-same-old-denial-myths/?utm_source=rss</link>
			<guid isPermaLink="false">http://localhost.com/narwhal/2015/11/12/marc-morano-s-climate-hustle-documentary-ready-paris-premiere-same-old-denial-myths/</guid>
			<pubDate>Thu, 12 Nov 2015 17:59:34 +0000</pubDate>			
			<description><![CDATA[Marc Morano is never short of a superlative or two, but when it has come to promoting his long-gestating documentary&#160;Climate Hustle, the climate science denialist extraordinaire has been outdoing himself. &#34;We are putting together what I think is the most comprehensive, unique, entertaining and humorous climate documentary that has ever been done or attempted,&#8221; Morano...]]></description>
			<content:encoded><![CDATA[<figure><img width="640" height="243" src="https://thenarwhal.ca/wp-content/uploads/2018/04/climatehustler.jpg" class="attachment-banner size-banner wp-post-image" alt="" decoding="async" fetchpriority="high" srcset="https://thenarwhal.ca/wp-content/uploads/2018/04/climatehustler.jpg 640w, https://thenarwhal.ca/wp-content/uploads/2018/04/climatehustler-300x114.jpg 300w, https://thenarwhal.ca/wp-content/uploads/2018/04/climatehustler-450x171.jpg 450w, https://thenarwhal.ca/wp-content/uploads/2018/04/climatehustler-20x8.jpg 20w" sizes="(max-width: 640px) 100vw, 640px" /><figcaption><small><em></em></small></figcaption></figure> <p><a href="http://www.desmogblog.com/marc-morano" rel="noopener">Marc Morano</a> is never short of a superlative or two, but when it has come to promoting his long-gestating documentary&nbsp;<a href="http://climatehustler.org/" rel="noopener">Climate Hustle</a>, the climate science denialist extraordinaire has been outdoing himself.</p>
<p>"We are putting together what I think is the most comprehensive, unique, entertaining and humorous climate documentary that has ever been done or attempted,&rdquo; Morano has said.</p>
<p>His documentary <a href="http://climatehustler.org/" rel="noopener">Climate Hustle</a> will get its &ldquo;big red carpet premiere,&rdquo; as Morano has described it, on 7 December in the&nbsp;<a href="http://www.whynotproductions.fr/pantheon/" rel="noopener">Cin&eacute;ma du Panth&eacute;on&nbsp;</a>in Paris at the beginning of the second week of major United Nations climate talks taking place in the French capital.&nbsp;</p>
<p><!--break--></p>
<p>"The reason that this is a unique film,&rdquo; Morano has said, &ldquo;is that we are going for a pop culture-friendly&hellip; sarcastic approach and we actually give both sides in this movie.&rdquo;</p>
<p><a href="http://www.desmogblog.com/marc-morano-cfact-climate-hustle-film" rel="noopener">Morano is the head of communications at the Committee for a Constructive Tomorrow</a> (CFACT) and runs the Climate Depot blog.&nbsp;</p>
<p>CFACT, credited as the film's producer, has accepted cash from fossil fuel interests including ExxonMobil and Chevron, as well as more than $7million from <a href="http://www.desmogblog.com/who-donors-trust" rel="noopener">Donors Trust</a> &ndash; a slush fund of rich conservatives which acts to conceal the identities of donors to projects.</p>
<p>As <a href="http://www.desmogblog.com/marc-morano-cfact-climate-hustle-film" rel="noopener">DeSmog explains</a>, Morano has no expertise in climate science. He has been called &ldquo;<a href="http://weirddream.com/" rel="noopener">the Matt Drudge of climate denial</a>,&rdquo; the &ldquo;<a href="http://www.cfact.org/2009/12/17/cfacts-morano-king-of-the-skeptics/" rel="noopener">King of the skeptics</a>,&rdquo; and a&nbsp;<a href="http://weirddream.com/" rel="noopener">&ldquo;central cell of the climate-denial machine</a>.&rdquo;</p>
<p>He was also listed as one of 17 top &ldquo;climate killers&rdquo; by&nbsp;<em>Rolling Stone</em>&nbsp;Magazine. Before joining CFACT, Morano was a communications adviser to Republican Senator James Inhofe, who called climate change science &ldquo;the greatest hoax ever perpetrated on the American people.&rdquo;</p>
<p>That Morano is not a climate scientist or that <a href="http://mediamatters.org/research/2012/12/27/climate-change-misinformer-of-the-year-marc-mor/191878" rel="noopener">actual experts regularly debunk his talking points</a> seems not to matter to the numerous conservative news outlets that regularly seek his views.</p>
<h3>
	<strong>Same old myths</strong></h3>
<p>But while Morano is promising viewers of <a href="http://climatehustler.org/" rel="noopener">Climate Hustle</a> something new, pre-publicity material and statements elsewhere suggest the movie will be a rehash of old climate science denialist myths from the usual suspects.&nbsp;</p>
<p>One high-profile scientist attacked in Climate Hustle has told DeSmog that the documentary should be seen as &ldquo;propaganda&rdquo; and that Morano was &ldquo;digging around in the trash to look for old news.&rdquo;</p>
<p>Morano seems to have been promising the imminent release of his documentary for almost as long as climate science deniers have been promising global cooling.</p>
<p>CFACT executive director <a href="http://www.desmogblog.com/craig-rucker" rel="noopener">Craig Rucker</a> first announced the plan for the film in July last year at the Heartland Institute&rsquo;s Las Vegas conference for climate science deniers. Then, Morano said the movie would be out &ldquo;in the fall&rdquo; but it never appeared.</p>
<p>Morano, who ran a crowdfunding campaign to help finance the film, has been promising in interviews that he will be bringing new voices to the documentary.&nbsp;In an <a href="http://www.ezralevant.com/climate-hustle/" rel="noopener">interview with Canadian conservative TV host Ezra Levant,</a> who thinks climate change is a &ldquo;multi-billion dollar scam,&rdquo; Morano said:</p>
<blockquote>
<p><em>I am not interviewing a lot of the main climate sceptical scientists because I feel like they have been interviewed by many other people and their stories have been told. I am trying to find another layer of scientist whose stories have not been out there yet. You will see a lot of new names in this.</em></p>
</blockquote>
<p>But if Morano really was looking for new faces for his documentary, he does not seem to have tried very hard.&nbsp;During Morano&rsquo;s Heartland presentation, he told the audience he would carrying out interviews during the conference.&nbsp;</p>
<p>The Heartland Institute conferences have been a mainstay of climate science denial for years, where presenters, most of which have no genuine expertise in climate science, will claim that either global warming is not happening, that its not caused by fossil fuel emissions,&nbsp;or that impacts will be minor or beneficial.</p>
<h3>
	Who's featured in Climate Hustle?</h3>
<p><a href="http://www.webcitation.org/6cylrQqba" rel="noopener">Pre-publicity material</a> and blogposts suggest that among the climate sceptics and contrarians featured in the film will be <a href="http://www.desmogblog.com/judith-curry" rel="noopener">Professor Judith Curry</a> of Georgia Institute of Technology, <a href="http://www.desmogblog.com/richard-tol" rel="noopener">Professor Richard Tol</a> of the University of Sussex, <a href="http://www.desmogblog.com/ivar-giaever" rel="noopener">Ivar Giaever</a> a retired physicist, the statistician <a href="http://wmbriggs.com/post/13658/" rel="noopener">William Briggs</a>, geologist Dr Robert Giegengack and Canadian climate science denier <a href="http://www.desmogblog.com/patrick-moore" rel="noopener">Patrick Moore</a>.</p>
<p>Moore has said that human-caused climate change is largely a hoax and that &ldquo;<a href="http://blogs.theprovince.com/2015/03/31/patrick-moore-carbon-is-not-pollution-whether-in-oceans-or-the-air/" rel="noopener">we should celebrate CO2 as the giver of life that it is</a>.&rdquo;</p>
<p>Tol claims the economic impacts of climate change will be minor and has attacked studies showing the vast majority of climate scientists agree that humans are the main cause of climate change.</p>
<p>Briggs recently co-wrote a paper with Lord Christopher Monckton, who believes that climate change is a United Nations plot to install world government.&nbsp;Briggs&rsquo; paper argued that global warming would be much less than other studies had predicted, but a <a href="http://link.springer.com/article/10.1007/s11434-015-0806-z" rel="noopener">response in the same journal</a> pointed to fundamental errors in the work of Monckton and Briggs, which was &ldquo;<a href="http://www.theguardian.com/environment/climate-consensus-97-per-cent/2015/jun/03/research-downplaying-impending-global-warming-is-overturned" rel="noopener">riddled with errors</a>.&rdquo;</p>
<p>Earlier this month <a href="http://www.foxnews.com/opinion/2015/11/05/is-government-tinkering-with-global-warming-data.html" rel="noopener">Curry wrote a column for Fox News</a> questioning if government scientists may have been part of a political conspiracy to deliberately adjust temperature data upwards &ndash; a long-running theme from climate science denialists.</p>
<h3>
	Blunt attack on Michael Oppenheimer</h3>
<p>In several interviews about the movie, Morano has bragged of a section of the movie where he confronts scientist and climate change expert Professor Michael Oppenheimer.</p>
<p>In a speech to a Heartland Institute conference, <a href="https://youtu.be/3_3E7Zr3eys" rel="noopener">Morano said</a> he &ldquo;had a quote&rdquo; from Oppenheimer where the Princeton University scientist had said that &ldquo;sceptics were quite literally motivated financially to be sceptics.&rdquo;</p>
<p>Morano was referring to a quote from a <a href="http://usatoday30.usatoday.com/weather/climate/2006-07-09-brokaw-global-warming_x.htm" rel="noopener">2006 Tom Brokaw documentary</a>, where <a href="https://www.youtube.com/watch?v=xcVwLrAavyA" rel="noopener">Oppenheimer </a>said that &ldquo;there are some people who have a financial interest in not believing&rdquo; in climate change. Oppenheimer did not actually refer to sceptics.</p>
<p>Morano accused Oppenheimer of having a conflict of interest because he had accepted a grant from a foundation led by actress Barbara Streisand. He also challenged Oppenheimer over an award from the Heinz Foundation.</p>
<p>Oppenheimer told DeSmog the Streisand grant was received in 1989 while he worked at the Environmental Defence Fund. The Heinz Award was from 2010.&nbsp;</p>
<p>He said he was &ldquo;proud&rdquo; and &ldquo;honoured&rdquo; to have received both awards which had always been fully disclosed.&nbsp;He said it was &ldquo;ludicrous&rdquo; for Morano to suggest he had been influenced by the grants, especially because his work on climate change and his advocacy for cuts to human emissions pre-dated both the awards.&nbsp;He told DeSmog:</p>
<blockquote>
<p><em>I imagine the only reason [Morano] is doing it is because he can&rsquo;t find a better example and I happen to be salient in the press and I&rsquo;m a good whipping boy. But that&rsquo;s fine. I don&rsquo;t mind.&nbsp;</em></p>
<p><em>I think it&rsquo;s all fair to demand disclosure from people in the public arena and to ask where their support is coming from.</em></p>
<p><em>But I have met that criteria and now it&rsquo;s up to people themselves to judge whether they think that the relationships that Morano has presented means that I can&rsquo;t be objective about climate change. I think it&rsquo;s a ridiculous notion but for people who don&rsquo;t know me I think it&rsquo;s perfectly fair to ask.</em></p>
</blockquote>
<p>When asked about his 2006 quote, Oppenheimer said:</p>
<blockquote>
<p><em>That was some years ago now. [Morano] is sort of digging around in the trash to look for old news because he has nothing currently available to talk about.</em></p>
<p><em>Marc is a propagandist and let him do more of his propaganda. If the strongest thing he has to say about me is that sentence then&hellip; bring it on&hellip; who cares?</em></p>
</blockquote>
<h3>
	Global cooling myth</h3>
<p>So what else should people expect from Morano&rsquo;s movie, besides non-scandals over a grant made to a scientist 25 years ago and the same old climate contrarian spokespeople?</p>
<p>In August, <a href="http://www.climatedepot.com/2015/08/31/sarah-palin-on-tv-praises-climate-hustle-an-upcoming-outstanding-documentary-we-look-forward-to-seeing-it/" rel="noopener">Morano told former Alaska Governor Sara Palin</a>, who also rejects climate change science, that he would uncover the true agenda, saying: &ldquo;Centrally planning economies. They want to go after the energy sector.&rdquo;</p>
<p>Morano has also said the film will include clips of newsreaders in the 1970s warning of &ldquo;global cooling&rdquo; as if to suggest that scientists had changed their mind.&nbsp;But despite some news outlets warning of global cooling in the 70s, <a href="http://journals.ametsoc.org/doi/abs/10.1175/2008BAMS2370.1" rel="noopener">a review of the scientific literature</a> has found that even then most scientific studies were actually saying the world would warm because of greenhouse gas emissions.</p>
<p>In an <a href="http://industrialprogress.com/2015/10/26/power-hour-marc-morano-on-threats-to-energy-freedom/" rel="noopener">interview with Alex Epstein</a>, author of the book Moral Case for Fossil Fuels, Morano claimed his movie would &ldquo;present essentially both sides and let the viewer make up their mind&rdquo; and how "this&nbsp;film is set to rock the climate debate."</p>
<p>Rather than &ldquo;rock the debate,&rdquo; Climate Hustle is just another attempt to spread doubt and confusion about climate change science.</p>
<p>Morano&rsquo;s well-worn myths are almost as old as the <a href="https://en.wikipedia.org/wiki/Cin%C3%A9ma_du_Panth%C3%A9on" rel="noopener">1907 Paris theatre</a> where Climate Hustle will get its <a href="http://www.institutcoppet.org/2015/11/11/vous-etes-invite-a-la-premiere-mondiale-du-nouveau-film-climate-hustle-lors-de-la-cop21" rel="noopener">premiere</a>.&nbsp;</p>
<p>Watch the trailer for <a href="http://www.climatehustle.org/" rel="noopener">Morano's film</a>:&nbsp;</p>
<p></p>
<p>	Continue to Part 2:&nbsp;<strong><a href="http://www.desmogblog.com/2015/11/19/evangelical-christian-zeal-behind-marc-morano-s-climate-denial-documentary-climate-hustle" rel="noopener">The Evangelical Christian Climate Deniers Behind Marc Morano&rsquo;s Climate Hustle Documentary</a></strong></p>

<p><em><strong>The Narwhal’s reporters are telling environment stories you won’t read about anywhere else. Stay in the loop by <a href="https://thenarwhal.ca/newsletter/?utm_source=rss">signing up for our free weekly dose of independent journalism</a>.</strong></em></p>]]></content:encoded>
      <dc:creator><![CDATA[Graham Readfearn]]></dc:creator>
			<category domain="post_cat"><![CDATA[News]]></category>			<category domain="post_tag"><![CDATA[Center Top]]></category><category domain="post_tag"><![CDATA[CFACT]]></category><category domain="post_tag"><![CDATA[christopher monckton]]></category><category domain="post_tag"><![CDATA[Cinema du Pantheon]]></category><category domain="post_tag"><![CDATA[climate chnage]]></category><category domain="post_tag"><![CDATA[climate denial]]></category><category domain="post_tag"><![CDATA[climate hustle]]></category><category domain="post_tag"><![CDATA[climate hustle documentary]]></category><category domain="post_tag"><![CDATA[climate science]]></category><category domain="post_tag"><![CDATA[Committee for a Constructive Tomorrow]]></category><category domain="post_tag"><![CDATA[desmogblog]]></category><category domain="post_tag"><![CDATA[Judith Curry]]></category><category domain="post_tag"><![CDATA[marc morano]]></category><category domain="post_tag"><![CDATA[Michael Oppenheimer]]></category><category domain="post_tag"><![CDATA[News]]></category><category domain="post_tag"><![CDATA[Patrick Moore]]></category><category domain="post_tag"><![CDATA[Richard Tol]]></category><category domain="post_tag"><![CDATA[Robert Giegengack]]></category><category domain="post_tag"><![CDATA[William Briggs]]></category>			<media:content url="https://thenarwhal.ca/wp-content/uploads/2018/04/climatehustler-300x114.jpg" fileSize="4096" type="image/jpeg" medium="image" width="300" height="114"><media:credit></media:credit></media:content>	
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      <title>I Bought Richard Tol’s &#8216;Climate Economics&#8217; So You Don’t Have To &#8211; It’s Dull and Dangerous</title>
      <link>https://thenarwhal.ca/i-bought-richard-tol-s-climate-economics-so-you-don-t-have-it-s-dull-and-dangerous/?utm_source=rss</link>
			<guid isPermaLink="false">http://localhost.com/narwhal/2014/09/11/i-bought-richard-tol-s-climate-economics-so-you-don-t-have-it-s-dull-and-dangerous/</guid>
			<pubDate>Thu, 11 Sep 2014 07:00:01 +0000</pubDate>			
			<description><![CDATA[The Sussex University economist has aligned himself with climate denial and his tweets are highly entertaining &#8211; shame this book is so damn conventional. Professor Richard Tol has authored a ruthlessly conventional &#163;57 textbook on the economics of climate change. I took the hit and skimmed the book so you don&#39;t have to.&#160; Climate Economics...]]></description>
			<content:encoded><![CDATA[<figure><img width="423" height="480" src="https://thenarwhal.ca/wp-content/uploads/2018/04/tol_richard.jpg" class="attachment-banner size-banner wp-post-image" alt="" decoding="async" srcset="https://thenarwhal.ca/wp-content/uploads/2018/04/tol_richard.jpg 423w, https://thenarwhal.ca/wp-content/uploads/2018/04/tol_richard-414x470.jpg 414w, https://thenarwhal.ca/wp-content/uploads/2018/04/tol_richard-397x450.jpg 397w, https://thenarwhal.ca/wp-content/uploads/2018/04/tol_richard-18x20.jpg 18w" sizes="(max-width: 423px) 100vw, 423px" /><figcaption><small><em></em></small></figcaption></figure> <p><em>The Sussex University economist has <a href="http://www.desmogblog.com/2014/07/14/richard-tol-dons-cloak-climate-denial" rel="noopener">aligned himself with climate denial</a> and his tweets are highly entertaining &ndash; shame this book is so damn conventional.</em></p>
<p>Professor <a href="http://www.desmogblog.com/directory/vocabulary/660" rel="noopener">Richard Tol</a> has authored a ruthlessly conventional &pound;57 textbook on the economics of climate change. I took the hit and skimmed the book so you don't have to.&nbsp;</p>
<p><a href="http://www.amazon.co.uk/By-Richard-Tol-Climate-Economics/dp/B00NBCJ3PM/ref=sr_1_2?ie=UTF8&amp;qid=1410365072&amp;sr=8-2&amp;keywords=Richard+Tol" rel="noopener">Climate Economics</a> presents a concise yet comprehensive treatment of neoclassical environmental economics with reference to the problem of climate change and climate change mitigation.</p>
<p><!--break--></p>
<p>&lsquo;Neoclassical&rsquo; economics is the school of economic thought that now almost entirely dominates the field.</p>
<p>This school is taught in almost all UK universities, receives the bulk of funding &ndash; at least in the Anglophone world &ndash; and structures how most professional economists and commentators on the economy think about the world.</p>
<p>Neoclassical economics emerged in the &lsquo;marginalist revolution&rsquo; of the 1870s, purporting to show that any economy can be analysed not by reference to how it produces or consumes, but with reference to how individuals freely choose to maximise their utility.</p>
<blockquote><p>
	Like what you're reading? Help us bring you more. <a href="https://www.kickstarter.com/projects/1341606466/lets-clean-up-canadas-climate-and-energy-debate" rel="noopener">Click here to support DeSmog Canada's Kickstarter campaign</a> to clean up the climate and energy debate in Canada.</p></blockquote>
<p>&nbsp;</p>
<p>&nbsp;</p>
<p><strong>Rational Individuals</strong></p>
<p>It is fundamentally based on the method of marginal analysis. This means that it looks, in particular, at how a system behaves when changes made to it are very, very small &ndash; marginal.</p>
<blockquote>
<p><a href="https://twitter.com/DeSmogUK" rel="noopener">@DeSmogUK</a> it's a fair reflection of your state of mind</p>
<p>	&mdash; Richard Tol (@RichardTol) <a href="https://twitter.com/RichardTol/status/509985717020532736" rel="noopener">September 11, 2014</a></p></blockquote>
<p></p>
<p>The justification for this approach is that it is based on the principle of optimisation.&nbsp;If rational individuals seek to maximise their utility, given their resources are not unlimited, they will aim to ensure they get the most value possible from each &pound;1 they have.</p>
<p>This means the marginal &pound;1 is of particular concern for them. Similarly, if firms are profit-maximising, they will be concerned with the marginal revenue they can get from selling one extra unit of their output.</p>
<p>All of this makes for quite neat mathematical solutions, and provides some apparently robust answers to big questions: can a capitalist economy ever be stable? How much should firms produce? What is the optimal amount of pollution? </p>
<p><strong>Flawed Approach</strong></p>
<p>A neoclassical theory of growth has been developed which shows that a capitalist economy can produce stable economic growth over very long periods of time, based on the idea of individual optimisation by consumers and firms. </p>
<p>Tol&rsquo;s growth model, as presented in the book, is a derivative of these general neoclassical models.</p>
<p>When dealing with climate change, however, this is a deeply flawed approach. First, it depends on being able to say what the marginal effect is, and on the assumption that the impact of this marginal effect will be limited. </p>
<p>This is unlikely to apply to the climate: because the system is so complex, the impacts of even small additions to (for example) the total volume of greenhouse gases (GHGs) emitted may themselves not be small. In mathematical terms, the system is strongly non-linear.</p>
<p><strong>Tipping Points</strong></p>
<p>There may be &ldquo;tipping points&rdquo;, like the melting of permafrost, that cannot be accounted for in a marginal analysis.</p>
<p>Instead of a nice, smooth set of &ldquo;choices&rdquo; and clear outcomes about how much GHG society should emit, we might well have very &ldquo;lumpy&rdquo; outcomes, with sudden, dramatic changes to the climate occurring from relatively small further increases in GHGs.</p>
<p>Second, the analysis also assumes that decisions are in some sense reversible. In other words, the consequences of any decision taken now can be entirely or at least substantially reversed. </p>
<p>There are no truly permanent consequences to decisions. This underlying belief follows from the assumption of optimising behaviour by rational individuals: for individuals to be able to choose rationally when there is uncertainty about the future, they have to be able to consider different possible courses of action to make the comparison. </p>
<p><strong>Threatened with Extinction</strong></p>
<p>But if some course of action are irreversible, this comparison doesn&rsquo;t make much sense. In particular, there is no convincing way to assign a monetary value to different outcomes &ndash; how do we assign a value to a species threatened with extinction? What is the point of comparison here?</p>
<p>These general issues feed into the book&rsquo;s approach, which is wholly uncritical of its own assumptions. For instance, Tol talks about the &ldquo;marginal impact&rdquo; of CO2 emissions.</p>
<p>Yet, if these CO2 emissions set off a &ldquo;tipping point&rdquo; a marginal analysis is useless: there is no margin, just an enormous loss from the release of methane trapped in permafrost and other feedbacks.</p>
<p>Tol advocates trading of pollution permits as a &ldquo;solution&rdquo; to climate change, the idea being to find the &ldquo;optimal&rdquo; level of GHGs, given the presumed costs that they impose.</p>
<p>This belief in trading is fundamentally flawed and derived from a result known, after its proposer, as the <a href="http://en.wikipedia.org/wiki/Coase_theorem" rel="noopener">Coase Theorem</a>.</p>
<p>But Coase&rsquo;s Theorem, which purports to show that allowing people to trade licences to pollute will reach an 'efficient' solution only applies when there are no &ldquo;income effects&rdquo;. &nbsp;</p>
<p>Put simply, it only works when different people and institutions trading are indifferent to how much money they actually have &ndash; clearly not the case.</p>
<p><strong>Blas&eacute; Assumptions</strong></p>
<p>The book uses the EU trading scheme as an example, but notes only &ldquo;teething problems&rdquo; rather than suggesting any more fundamental issues at stake.</p>
<p>There is a rather blas&eacute; set of assumptions scattered throughout the book, in keeping with its neoclassical bias.</p>
<p>Often this leads it into making unexamined neoliberal claims about the world.</p>
<p>For instance, it says only &ldquo;non-economists&rdquo; would be in favour of substituting more expensive domestic energy for cheaper imports of energy. But this ignores work on dynamic trade theory by people like the Cambridge economist <a href="http://en.wikipedia.org/wiki/Ha-Joon_Chang" rel="noopener">Ha Joon Chang</a>.</p>
<p>And elsewhere, Tol claims governments are bad at &ldquo;picking winners&rdquo; &ndash; that they are not as good at free markets at allocating research funding and supporting new industries.</p>
<p>This ignores the work of <a href="http://marianamazzucato.com" rel="noopener">Marianna Mazzucato</a> on the critical role governments have always played in supporting new industries.</p>
<p>Tol is equally blas&eacute; about the prospects for technological progress. On the basis of the Kaya equation &ndash; that total emissions is equal to income per person, times population, times emissions intensity &ndash; the book suggests that technological change alone will be sufficient to meet climate change goals.</p>
<p><strong>Social Justice</strong></p>
<p>This flies in the face of work by Peter Jackson who shows that the scale of emissions reduction per &pound;1 produced, with continued economic growth, is completely implausible given current or any plausible future technology.</p>
<p>There is also little or nothing in this book about equity and justice beyond the usual concerns of neoclassical economics for &ldquo;Pareto efficiency&rdquo; and the First Welfare Theorem.</p>
<p>And yet the effects of climate change will be uneven globally &ndash; and contributions to its cause are also uneven. </p>
<p>There is, in practice, an almost-total mismatch between the likely victims of climate change, and those most responsible for causing global warming. </p>
<p>Tol ends up presenting a pleasantly optimistic view of the future in which the &ldquo;marginal&rdquo; costs of climate change can be met with a somewhat increased rate of investment in technology, and some minimal government intervention to correct &ldquo;externalities&rdquo;.</p>
<p>These conclusions follow pretty directly from the book's unexamined neoclassical worldview. <em>They are not necessarily correct.</em></p>

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      <dc:creator><![CDATA[ictinus]]></dc:creator>
						<category domain="post_tag"><![CDATA[Ha Joon Chang]]></category><category domain="post_tag"><![CDATA[Marianna Mazzucato]]></category><category domain="post_tag"><![CDATA[Neoclassical Economics]]></category><category domain="post_tag"><![CDATA[review]]></category><category domain="post_tag"><![CDATA[Richard Tol]]></category>			<media:content url="https://thenarwhal.ca/wp-content/uploads/2018/04/tol_richard-414x470.jpg" fileSize="4096" type="image/jpeg" medium="image" width="414" height="470"><media:credit></media:credit></media:content>	
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