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	<title>Comments on: Climate Envoy Stern in Bonn:  The U.S. can&#8217;t &#8220;ride in on a white horse and make it all work.&#8221;</title>
	<atom:link href="http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/feed/" rel="self" type="application/rss+xml" />
	<link>http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/</link>
	<description>The Latest on Climate Science, Solutions, and Politics</description>
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		<title>By: Mossy</title>
		<link>http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34993</link>
		<dc:creator>Mossy</dc:creator>
		<pubDate>Tue, 31 Mar 2009 01:29:45 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34993</guid>
		<description>Ron, there&#039;s this calendar on world-wide GW events:http://www.inthemorningofaday.com/
Unfortuantely, people aren&#039;t using it as much as they should, probably because they don&#039;t know about it, so let&#039;s get the word out!</description>
		<content:encoded><![CDATA[<p>Ron, there&#8217;s this calendar on world-wide GW events:http://www.inthemorningofaday.com/<br />
Unfortuantely, people aren&#8217;t using it as much as they should, probably because they don&#8217;t know about it, so let&#8217;s get the word out!</p>
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		<title>By: Ronald</title>
		<link>http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34940</link>
		<dc:creator>Ronald</dc:creator>
		<pubDate>Mon, 30 Mar 2009 17:22:48 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34940</guid>
		<description>Is there someplace a calendar of world global warming events somewhere.   These meetings keep poping up and I many times only hear about them after they happen.   
Not that I can do anything about them, good or bad.   Just more information.</description>
		<content:encoded><![CDATA[<p>Is there someplace a calendar of world global warming events somewhere.   These meetings keep poping up and I many times only hear about them after they happen.<br />
Not that I can do anything about them, good or bad.   Just more information.</p>
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		<title>By: paulm</title>
		<link>http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34922</link>
		<dc:creator>paulm</dc:creator>
		<pubDate>Mon, 30 Mar 2009 15:19:13 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34922</guid>
		<description>Interesting article in the NYT...

&lt;blockquote&gt;
Now the Long Run Looks Riskier, Too 
http://www.nytimes.com/2009/03/29/your-money/stocks-and-bonds/29stra.html?8mon&amp;emc=yma2
CAN investors count on the stock market to produce handsome long-term returns?
...
One example of such a force, Professor Stambaugh said, is global warming. Its impact on the economy over the next 12 months is likely to be quite small, he said. But expand the horizon to the next several decades, and the possible effects of global warming range from negligible to catastrophic.
...
Applying Bayesian techniques, the professors found that reversion to the mean isn’t powerful enough to overcome the growing uncertainty caused by other factors as the holding period grows. Specifically, they estimated that the volatility of stock market returns at the 30-year horizon is nearly one and a half times the volatility at the one-year horizon.
...
As a result, they ignore uncertainty about what the average return might itself turn out to be. For example, he said, it is possible that the standard deviation of the market’s returns over the next 30 years could end up the same whether its average annual return over that period is 20 percent or zero.</description>
		<content:encoded><![CDATA[<p>Interesting article in the NYT&#8230;</p>
<blockquote><p>
Now the Long Run Looks Riskier, Too<br />
<a href="http://www.nytimes.com/2009/03/29/your-money/stocks-and-bonds/29stra.html?8mon&amp;emc=yma2" rel="nofollow">http://www.nytimes.com/<span style="font-size: 1px;"> </span>2009/<span style="font-size: 1px;"> </span>03/<span style="font-size: 1px;"> </span>29/<span style="font-size: 1px;"> </span>your-money/<span style="font-size: 1px;"> </span>stocks-and-bonds/<span style="font-size: 1px;"> </span>29stra.html?8mon&amp;emc=yma2</a><br />
CAN investors count on the stock market to produce handsome long-term returns?<br />
&#8230;<br />
One example of such a force, Professor Stambaugh said, is global warming. Its impact on the economy over the next 12 months is likely to be quite small, he said. But expand the horizon to the next several decades, and the possible effects of global warming range from negligible to catastrophic.<br />
&#8230;<br />
Applying Bayesian techniques, the professors found that reversion to the mean isn’t powerful enough to overcome the growing uncertainty caused by other factors as the holding period grows. Specifically, they estimated that the volatility of stock market returns at the 30-year horizon is nearly one and a half times the volatility at the one-year horizon.<br />
&#8230;<br />
As a result, they ignore uncertainty about what the average return might itself turn out to be. For example, he said, it is possible that the standard deviation of the market’s returns over the next 30 years could end up the same whether its average annual return over that period is 20 percent or zero.</p></blockquote>
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		<title>By: DavidCOG</title>
		<link>http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34921</link>
		<dc:creator>DavidCOG</dc:creator>
		<pubDate>Mon, 30 Mar 2009 15:15:46 +0000</pubDate>
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		<description>Elsewhere there is clear evidence that politicians are doing what politicians do best - talk, promise much, deliver little.  While the British government are handing out £2,300 million to prop up a polluting industry, £775 million in bonuses for failed bankers, only £120 million is going to building a green economy - http://www.guardian.co.uk/environment/2009/mar/30/new-economics-foundation-green-spending</description>
		<content:encoded><![CDATA[<p>Elsewhere there is clear evidence that politicians are doing what politicians do best &#8211; talk, promise much, deliver little.  While the British government are handing out £2,300 million to prop up a polluting industry, £775 million in bonuses for failed bankers, only £120 million is going to building a green economy &#8211; <a href="http://www.guardian.co.uk/environment/2009/mar/30/new-economics-foundation-green-spending" rel="nofollow">http://www.guardian.co.uk/<span style="font-size: 1px;"> </span>environment/<span style="font-size: 1px;"> </span>2009/<span style="font-size: 1px;"> </span>mar/<span style="font-size: 1px;"> </span>30/<span style="font-size: 1px;"> </span>new-economics-foundation-green-spending</a></p>
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		<title>By: John B</title>
		<link>http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34913</link>
		<dc:creator>John B</dc:creator>
		<pubDate>Mon, 30 Mar 2009 14:06:27 +0000</pubDate>
		<guid isPermaLink="false">http://climateprogress.org/2009/03/30/climate-envoy-stern-in-bonn-the-us-cant-ride-in-on-a-white-horse-and-make-it-all-work/#comment-34913</guid>
		<description>I have undertaken some experiments in behavior redesign that I believe will be of some benefit. Because of microwave redirection in the Potomac Basin on March 25 and now with applying sodium azide to the coyote population, I may actually have extended certain lifespans. Of course various critters may act and (let&#039;s face it) look different. This will probably help mitigate the effects of the Dow exchange system, but to me, that&#039;s just a side effect.</description>
		<content:encoded><![CDATA[<p>I have undertaken some experiments in behavior redesign that I believe will be of some benefit. Because of microwave redirection in the Potomac Basin on March 25 and now with applying sodium azide to the coyote population, I may actually have extended certain lifespans. Of course various critters may act and (let&#8217;s face it) look different. This will probably help mitigate the effects of the Dow exchange system, but to me, that&#8217;s just a side effect.</p>
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