Annals of global warming: Would you worry if it shrinks your paycheck?

October 26, 2015

Then worry.

Scientists estimate the impact of climate change on the world economy - from Nature Magazine

Scientists estimate the impact of climate change on the world economy – from Nature Magazine via MarketWatch

MarketWatch’s Silvia Ascarelli wrote:

Your grandchildren may pay a bigger price for global warming than you thought.

A hotter Planet Earth will cool down national economies, according to fresh research from scientists at Stanford University and the University of California, Berkeley.

Average U.S. income could shrink 36% by 2100 because of climate change from what it would be without global warming, they say. That is more than other, earlier studies have suggested.

But not all countries will suffer. Russia, Canada and countries in Northern Europe should benefit from warmer temperatures, according to the scientists’ models, because they have yet to reach what the scientists called the optimal average temperature for an economy — 55 degrees Fahrenheit, roughly where the U.S. is now.

“We were surprised at how important temperature is for the global economy,” said Solomon Hsiang, an associate professor of public policy at Berkeley and one of the co-authors of the study along with Marshall Burke, an assistant professor in earth system science at Stanford, and Edward Miguel, Oxfam professor in environmental and resource economics at Berkeley.

Global per capita gross domestic product will be down 23% at the turn of the next century if global warming isn’t slowed, the study found. The impact will be more severe in China — average income will shrink 43%—and Mexico, where average income could plunge 73%.

More at MarketWatch.

Should we worry? Can we afford global warming?


Quote of the moment encore: Hillary Clinton, on being a Cubs fan

October 26, 2015

Today is the birthday of Hillary Rodham Clinton, born October 26, 1948.

Secretary of State Hillary Rodham Clinton

Secretary of State Hillary Rodham Clinton – Topnews image

Happy birthday, Hillary!

Without citation, Robert A. Nowlan’s Born This Day lists this as something Clinton said:

Being a Cubs fan prepares you for life — and Washington.

Still true, in 2015.

Didn’t the Cubbies have a great year, though?

Yes, this is mostly an encore post. Fighting ignorance requires patience.

Yes, this is mostly an encore post. Fighting ignorance requires patience.


Trump says China? Let’s go see

October 26, 2015

Kenny sent an e-mail, with a link to Donald Trump, saying “China.”

So, we went to see.

Among other things, Kenny’s brother James, our younger son, was getting married in Beijing.  Good excuse to travel.  Keeping with the rule that one should spend at least a day in a destination for every hour of travel it takes to get there, we planned 13 days.

I don’t think Donald Trump knows China.

After 13 days and a few thousand miles, and perhaps a few hundred supreme dumplings and two Beijing ducks, fugu, and noodles of nearly endless variety, with gallons of stout vinegars you won’t find in a U.S. supermarket, I know I don’t know China.

(I don’t think Trump knows much of anything, a very little in any depth; this is funnier now than it was when Kenny sent the link before the trip.)

Following, not always consecutively, some reports on some of the things we saw. Please stay tuned.

Wikipedia photo, by the way:

We saw the ancient city of Pingyao, Shanxi Province, where wheelers and dealers have been mincing people like Donald Trump for millennia. I’ll bet Trump didn’t go there. (This is a Wikipedia photo, by the way: “Pingyao-oldtown” by Benzh – Own work. Licensed under Public Domain via Commons – https://commons.wikimedia.org/wiki/File:Pingyao-oldtown.jpg#/media/File:Pingyao-oldtown.jpg)

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