With even 1% risk of catastrophe, we buy insurance.
Bite Notes: From the article, 'Going Cheney on Climate', New York Times, 8 Dec 09
Friedman uses '1%' because of its use by Dick Cheney—then Vice President—when he said, “If there’s a 1% chance that Pakistani scientists are helping Al Qaeda build or develop a nuclear weapon, we have to treat it as a certainty in terms of our response.”
But as Friedman also said in the article, "...the odds [on catastrophic global warming] are, in fact, a lot higher than 1 percent, if we stick to business as usual."
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When I see a problem that has even a 1 percent probability of occurring and is 'irreversible' and potentially 'catastrophic,' I buy insurance. That is what taking climate change seriously is all about." —Thomas L. Friedman
An excellent example, Brian.
I also often bring the point home by asking, "who amongst us has not delayed opening a bank or credit card statement because we want to delay the unpleasant news it contains!" Mea Culpa!
Best wishes,
JR
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