Issue #276
Interests, ideology and climate
There are three things we know about man-made global warming. First, the consequences will be terrible if we don’t take quick action to limit carbon emissions. Second, in pure economic terms the required action shouldn’t be hard to take: emission controls, done right, would probably slow economic growth, but not by much. Third, the politics of action are nonetheless very difficult. But why is it so hard to act? Is it the power of vested interests? I’ve been looking into that issue and have come to the somewhat surprising conclusion that it’s not mainly about the vested interests. They do, of course, exist and play an important role; funding from fossil-fuel interests has played a crucial role in sustaining the illusion that climate science is less settled than it is. But the monetary stakes aren’t nearly as big as you might think. What makes rational action on climate so hard is something else — a toxic mix of ideology and anti-intellectualism. Paul Krugman, New York Times, 6-8-14.