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Today's Must-Must-Read: Mark Buchanan: Climate Change? Nothing to Worry About... If You're Happy to Ignore Physics - Washington Center for Equitable Growth
“Cliff Asness and Aaron Brown…. Fortune magazine ran an article about the Asness-Brown paper under the title ‘Top hedge fund manager: Global warming isn’t a danger.’…
…Asness and Brown undertook a certain intellectual exercise, motivated by their impression that lots of people believe that the record of temperatures over the past century, taken by itself, implies that we face dangerous climate change. They show that it doesn’t, but readily admit that climate scientists don’t just work from this one set of recent temperatures, but use lots of other data too, and also take everything we know about the physics of the Earth system into account as well…. My concern is… with the potential for misunderstanding on the part of others