There is at least some chance, if not a good chance, that climate will get colder not warmer and then mitigation costs have only gone to
make adaptation cost even higher becaue mitigation went the wrong way i.e. worse than useless.
Not exact matches
His main research interests are in the development and application of probabilistic concepts and methods to civil and marine engineering, including: structural reliability; life - cycle
cost analysis; probability - based assessment, design, and multi-criteria life - cycle optimization of structures and infrastructure systems; structural health monitoring; life - cycle performance maintenance and management of structures and distributed infrastructure under extreme events (earthquakes, tsunamis, hurricanes, and floods); risk - based assessment and decision
making; multi-hazard risk mitigation; infrastructure sustainability and resilience to disasters; climate change
adaptation; and probabilistic mechanics.
There had been many failed attempts to bring the material to the big screen, but somehow Stanton was able to convince the studio heads to let him be the one to
make the
adaptation at a
cost of hundreds of millions of dollars.
And of course there is the price factor in it as well in support of this argument as perhaps it
makes better sense to go for a compact
adaptation of an e-reader that
costs a few hundred dollars less rather than to buy the Kindle DX with a bigger 9.7 - inch sized screen that will set one back by about $ 500.
As you say it
makes little difference whether sea level is 3 m higher or lower, but if cities are built next to the present shore line,
adaptation has a
cost.
But a quick summary of some of my thoughts: I think a case can be
made for some combination of equal per - capita payback and tax reduction, but the rationale for this must be that this somehow compensates for the
costs of global warming or
adaptation to that; as much of this occurs in the future (with different people), this is private sector economic investment to boost the economy now so that it may
make itself more robust in the future -LRB-?).
There is an urgent need to scale up financial flows, particularly financial support to developing countries; to create positive incentives for actions; to finance the incremental
costs of cleaner and low - carbon technologies; to
make more efficient use of funds directed toward climate change; to realize the full potential of appropriate market mechanisms that can provide pricing signals and economic incentives to the private sector; to promote public sector investment; to create enabling environments that promote private investment that is commercially viable; to develop innovative approaches; and to lower
costs by creating appropriate incentives for and reducing and eliminating obstacles to technology transfer relevant to both mitigation and
adaptation.
We clearly have to take actions on many levels, but you can ruminate on the morality of the following postion: Assuming that hurricane damage in the US is driven by settlement of the Gulf Coast, the US might
make a policy choice to emphasize
adaptation (the
cost of resettlement would be astronomical (> 10 ^ Kyoto).
Without a clear understanding of how
adaptation and loses and damages
costs increase dramatically as delays continue in
making adequate dramatic ghg emissions reductions, citizens can not evaluate the need of their nations to act rapidly to reduce ghg emissions.
South Africa likely will use the analysis in Paris to
make a case for a global
adaptation goal based on quantification of
adaptation costs.
Thus, high upfront
costs make them reluctant to invest in mitigation or
adaptation measures.
But economic analysis, which focuses on the monetary
costs and benefits of an option, is just one important component of decision
making relating to
adaptation alternatives, and final decisions about such measures are almost never based on this information alone.
It was between 10 and 100 times more costly to try to
make global warming go away today than to let the warming occur — even if the warming were at the rate predicted by the IPCC, and even if the
cost of inaction was as high as the Stern Report had imagined — and to concentrate on focused
adaptation when and where and only if and only to the extent that might be necessary.
One aspect of the decision
making process that seems to get short shrift is quantifying the
costs involved in mitigation and
adaptation versus the potential
costs of future events (obviously, the scenario discovery you mentioned would be the first step to quantifying the full range of possible outcomes).
Alternatively, these technologies could
make possible a more rapid reduction of net radiative forcing and a corresponding reduction in the risk of adverse impacts and the
costs of
adaptation.
However, it's not just on the
cost of
adaptation that the proposed ERF
makes miscalculations: it also gets wrong the global
costs of mitigation effort in 2020.
Because much of the
cost will be realized after the emissions occur, the funds would have to be invested in order to produce resources in the future to compensate or
make the best of conditions then; this can be investment in infrastructure (aquaducts and flood water management planning) and such things as R&D for drought / flood resistant crops, efforts to save ecosystems (those parts that will survive the climate change, or otherwise planting trees, etc, where they will do well in the future, or otherwise reducing other stresses so that ecosystems will be more resilient to climate change)(remember that ecosystems provide us with ecosystem services), etc, and / or investment in the economy in general so that more resources will be available in the future to compensate for losses and pay for
adaptation.
Uh... if you don't care about the science, what
makes you think
adaptation is a more
cost - effective public policy than mitigation?
If you can pollute «climate
adaptation» discussions with enough absolutely loony and unquantifiably expensive ideas like this, it
makes the
cost of «carbon reduction» schemes seem cheap by comparison.