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First, column A in his little chart should have the same economic consequences associated with them. If we do something about Global Climate Change (GCC) then we have to assume that we'll spend equal amounts of money whether or not GCC is man made or not. This would logically lead to the same economic consequences, the only difference being whether we fixed (or controlled) the problem, or there wasn't a problem. That's just one flaw in the argument.
The truth is we don't know what the economic consequences are of combating global climate change, and we WILL experience the some of the consequences, the question is the magnitude of Climate Change we should expect. Voluntary emission reductions and waiting for the next US president to do something isn't helping matters. What does tend to push towards solutions is money and funding. I'm sure if we spent Iraq War sums of money on clean energy technology we'd be a lot closer to fixing the problem.
I'm not following - for both rows in column A he assigns the cost associated with taking action. What did he miss?
I agree that his presentation is extremely similar to Pascal's wager, and suffers from the same weaknesses as well (too generalized, based on assumptions, etc). I still feel like the argument is logical, in that the risk of taking no action is too great to ignore.
In other words, he is saying it is cheaper to stop global climate change than to pay for the consequences of not stopping it.
I agree with his conclusions more than he reasoning, but it's still a powerful video for me.
So yes, I agree with the sentiment of the video, but being a scientist, I see to many problems in the simplified arguments in the video for the argument to stand up to any sort of scrutiny, but that's no excuse for inaction.