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Taming The Greedocracy

American elites want magical technological fixes to climate change because they refuse to confront the truth that seriously addressing the problem would require limits to their own power and luxury.

Few of us want to face the climate mess. The numbers are scary and confusing, and the facts have never been reported in a way that actually generates public understanding. “The media are complacent while the world burns,” Mark Hertsgaard and Kyle Pope declare in the Columbia Journalism Review. There’s plenty of data to back up this bold assertion: based on an analysis of 600 New York Times articles on climate change, a UC Berkeley report states that “the vast majority contained none of the five basic climate facts,” meaning that readers are left uneducated about the truth and scope of the problem. (The five criteria the researchers used are that global warming is happening, that burning fossil fuels produces greenhouse gases that create warming, that 90%+ of climate scientists agree on the human causes of warming, that there is now more carbon dioxide in the atmosphere than there has been for hundreds of thousands of years, and that warming is permanent.)

It’s not just a lack of effective information: many media movers and shakers claim that climate coverage is “a palpable ratings killer” in the first place, and so they tend to curtail or water down their coverage. Of course there are exceptions—an article in New York by David Wallace-Wells beat the supposed “traffic Kryptonite” curse (over 6 million hits, which led to his book The Uninhabitable Earth). Wallace-Wells has stated that “being alarmed is what the facts demand.” …

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The Dangerous Ideas of “Longtermism” and “Existential Risk”

So-called rationalists have created a disturbing secular religion that looks like it addresses humanity’s deepest problems, but actually justifies pursuing the social preferences of elites.

In a late-2020 interview with CNBC, Skype cofounder Jaan Tallinn made a perplexing statement. “Climate change,” he said, “is not going to be an existential risk unless there’s a runaway scenario.” A “runaway scenario” would occur if crossing one or more critical thresholds in the climate system causes Earth’s thermostat to rise uncontrollably. The hotter it has become, the hotter it will become, via self-amplifying processes. This is probably what happened a few billion years ago on our planetary neighbor Venus, a hellish cauldron whose average surface temperature is high enough to melt lead and zinc.

Fortunately, the best science today suggests that a runaway scenario is unlikely, although not impossible. Yet even without a runaway scenario, the best science also frighteningly affirms that climate change will have devastating consequences. It will precipitate lethal heatwaves, megadroughts, catastrophic wildfires (like those seen recently in the Western U.S.), desertification, sea-level rise, mass migrations, widespread political instability, food-supply disruptions/famines, extreme weather events (more dangerous hurricanes and flash floods), infectious disease outbreaks, biodiversity loss, mass extinctions, ecological collapse, socioeconomic upheaval, terrorism and wars, etc. To quote an ominous 2020 paper co-signed by more than 11,000 scientists from around the world, “planet Earth is facing a climate emergency” that, unless immediate and drastic action is taken, will bring about “untold suffering.”

So why does Tallinn think that climate change isn’t an existential risk? Intuitively, if anything should count as an existential risk it’s climate change, right?

Cynical readers might suspect that, given Tallinn’s immense fortune of an estimated $900 million, this might be just another case of a super-wealthy tech guy dismissing or minimizing threats that probably won’t directly harm him personally. Despite being disproportionately responsible for the climate catastrophe, the super-rich will be the least affected by it. Peter Thiel—the libertarian who voted for a climate-denier in 2016—has his “apocalypse retreat” in New Zealand, Richard Branson owns his own hurricane-proof island, Jeff Bezos bought some 400,000 acres in Texas, and Elon Musk wants to move to Mars. Astoundingly, Reid Hoffman, the multi-billionaire who cofounded LinkedIn, reports that “more than 50 percent of Silicon Valley’s billionaires have bought some level of ‘apocalypse insurance,’ such as an underground bunker.”

That’s one possibility, for sure. But I think there’s a deeper reason for Tallinn’s comments. It concerns an increasingly influential moral worldview called longtermism. This has roots in the work of philosopher Nick Bostrom, who coined the term “existential risk” in 2002 and, three years later, founded the Future of Humanity Institute (FHI) based at the University of Oxford, which has received large sums of money from both Tallinn and Musk. Over the past decade, “longtermism” has become one of the main ideas promoted by the “Effective Altruism” (EA) movement, which generated controversy in the past for encouraging young people to work for Wall Street and petrochemical companies in order to donate part of their income to charity, an idea called “earn to give.” According to the longtermist Benjamin Todd, formerly at Oxford University, “longtermism might well turn out to be one of the most important discoveries of effective altruism so far.”

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Olduvai IV: Courage
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Olduvai II: Exodus
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