> How does the issue of climate change relate to the economic problem of scarcity?

How does the issue of climate change relate to the economic problem of scarcity?

Posted at: 2015-03-12 
If there is a scarcity it probably is caused by government regulation. This year in the US we have had a bumper crop. Let us see how many people go to bed hungry.

In my 73 years on this earth I have seen no such Climate Change that would cause an 'economic problem of scarcity'. Have you? If you have, let us all know so that we can examine the facts.

This question sounds intelligent but some of the main definitions are vague or non-existent. For example, Climate Change has never been defined clear enough by the UN-IPCC to determine if there is a legal or scientific Climate Change. Until then, Climate Change is just a buzzword having no substance. So since there is no such thing as a catastrophic climate change the 'economic problem of scarcity' can never be attributed to Climate Change, at least with the present information.

One of the the economic problems of scarcity is the limited amount of fossil fuels present on Earth. It is clear that we cannot keep using them forever.

One of the initial issues related to the scarcity problem of fossil fuels was known as "peak oil". This issue tried to quantify the problem by estimating reserve capacity, current and future consumption rates and coming up with range of estimated dates where we would ultimately run out. And it's certainly not difficult to persuade people that would be very bad.

However, fossil fuels which were previously considered hard to obtain are now more accessible due to advances in technology related to discovery and extraction techniques. It turns out that the estimates for reserve capacities were extremely low. Thus, the peak oil issue has been pushed to the back-burner (yes, I'm that witty).

And that brings us to climate change. It has been proposed that burning fossil fuels which increase CO2 levels in the atmosphere will lead to a warming of the Earth to the point where it could or would be a serious problem. And almost all policies proposed to help reduce such a problem result in the use of less and less fossil fuels.

I could go into more detail but I hope I have at least addressed your question at a high level.

Debt has become the biggest cause of scarcity. People and Governments carry way too much debt. They can't afford to pay higher prices any more. Oil prices are falling simply because of "affordability". Spending money on climate change research takes away from paying for real disasters that have been happening since time began.

In short, money is in short supply because too much of it is spent on accumulated debt. Climate change research is financed by more debt.

People have no clue about how the "free market" can correct (balance) itself right along with "nature" itself.

Simple "conservatism" is the simple way for nature and humans to survive.

The same people who whine about climate change are the same geniuses that predicted peak oil. These are what I refer to as alarmists. It is an interesting psychological phenomena that those two seemingly unrelated things are the shared by same group of people, nearly man for man, woman for woman, other than for other than. Alarmists who believe in CAGW are the same people that believe Ehrlich was right when he predicted we were all going to starve and run out of resources even when it is relatively easy to demonstrate they were/are wrong. These people just don't go away and they never learn. I am guessing we will still get bozos talking about us having already reached peak oil. Sagebrush is correct; the shortages are caused by political interference and comically they didn't even really succeed since technology outstripped their attempt to restrict oil.

Socialism creates scarcity and the man-made Global Warming SCAM is designed to promote world socialism. Tyrants love socialism because their power base is easily maintained when they do not have to be accountable.

The EPA is already creating scarcity with their anti-human regulations.

http://online.wsj.com/articles/SB1000142...

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No - it relates to the economic problem of abundance. i.e. we have too much consumption of resources (particularly energy) leading to global warming, climate change, species extinction, woe and misery.

Denialists seem to think that non-hydrocarbon energy is scarce. It is not.

http://cleantechnica.com/solar-power/