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Modeling the Economy As a Physics Problem [to stabilise CO2 emissions]

November 29th, 2009 by Slashdot Filed under Featured, Feeds, Free Republic, Politics.[1 views]
University of Utah physicist Tim Garrett has published a study that approaches the economy and its relation to global warming as a physics problem — and comes to some controversial conclusions: that rising carbon dioxide emissions cannot be stabilized unless the world's economy collapses or society builds the equivalent of one new nuclear power plant each day. The study was panned by economists and was rejected by several journals before its acceptance in the journal Climatic Change. "[Garrett discovered that] Throughout history, a simple physical constant... links global energy use to the world's accumulated economic productivity, adjusted for inflation. So...

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