Let me say that straight away that I’m very much in favor of work on nuclear risk, animal welfare, poverty reduction etc (on AI I struggle to see an established mechanism between the work that is being done and the desired outcome, but I’m very open that I may be wrong on that one).
Just to expand a bit on spending and cost-effectiveness on climate change vs. other causes: It all depends what you mean. Climate change is not one single issue, given that it’s about our whole way of production and consumption. Reducing animal agriculture is also very important for fighting climate change, for example, not just for animal welfare. But if we break it down to different domains, we still see a lack of funding in many areas:
renewables—not to mention nuclear energy, which I love! - still gets much less investment and funding than fossil fuels. Collecting data on this is not easy, of course. But one of the most thorough reports I know of is for funding and financing in the Netherlands, one of the greenest countries on earth. It revealed that fossil fuels received much more funding than renewables Financing of fossil fuels vs renewables by Dutch FIs EGW 211022_FIN (eerlijkegeldwijzer.nl)
So seen in comparison to fossil fuels—which is the cause of climate change of course—the fight against climate change is heavily underfunded. So I think there is not much doubt that spending additional money can be useful in the fight against climate change.
The issue of cost effectiveness nevertheless remains. How much can one additional dollar do in the fight against climate change, compared to one additional dollar on other causes? The honest answer is that I don’t know. But neither do others, I would argue. I think these things are very difficult to quantify. How much have the dollars spent on avoiding nuclear catastrophe aided against the nuclear danger we are now facing in Russia/Ukraine? I have no idea. How much will the dollars spent on AI safety help down the road? I don’t think anybody knows.
If I am to make a qualified guess, it is that the most cost-effective money to spend on climate change right now is to pour money into funding green activism, grass roots movements and civil resistance. If you look at the political right in the US, a major factor in their success has been various grassroots groups—NRA, Christian churches, pro life centers etc, Tea Party, etc—which have been heavily funded. There is no comparable funding for green grassroots movements. Additional millions here will probably be of great benefit down the road. I doubt that this is the direction Jeff Bezos will take in his funding, I was a benevolent super rich funder who was concerned with climate change, my first instinct right now would be to fund green activists and social groups.
This is not strongly related to the main topic of your post, though :)
This is not strongly related to the main topic of your post, though :)
It’s fine; this post left the front page in about an hour so I expect new people joining will be limited. I will refrain from responding to your comment at length due to not wanting to stray far off topic, but know that I did read it, and my one sentence response is that I think the amount of money Bezos pledged toward climate change (not mentioning the far greater amount of money that has already been spent on it (Edit: >$300 billion annually) is more than an order of magnitude more money than the total amount of money that has ever been spent on AI safety (Edit: $10 million annually, same source), so I’m not very persuaded by your comparison of some areas of climate change to fossil fuel spending.
Thanks, that’s a thoughtful response!
Let me say that straight away that I’m very much in favor of work on nuclear risk, animal welfare, poverty reduction etc (on AI I struggle to see an established mechanism between the work that is being done and the desired outcome, but I’m very open that I may be wrong on that one).
Just to expand a bit on spending and cost-effectiveness on climate change vs. other causes: It all depends what you mean. Climate change is not one single issue, given that it’s about our whole way of production and consumption. Reducing animal agriculture is also very important for fighting climate change, for example, not just for animal welfare. But if we break it down to different domains, we still see a lack of funding in many areas:
renewables—not to mention nuclear energy, which I love! - still gets much less investment and funding than fossil fuels. Collecting data on this is not easy, of course. But one of the most thorough reports I know of is for funding and financing in the Netherlands, one of the greenest countries on earth. It revealed that fossil fuels received much more funding than renewables Financing of fossil fuels vs renewables by Dutch FIs EGW 211022_FIN (eerlijkegeldwijzer.nl)
Fossil fuel companies have spent enormous amounts of money on lobbying. There is no comparable funding for climate change lobbying, not even close Fossil Fuel Industry Has Spent Nearly $2 Billion on Lobbying to Kill Climate Laws—Oil Change International (priceofoil.org)
Fossil fuel companies have spent enormous amounts of money on advertising. There is no comparable funding for climate change advertising. Fossil Fuel Trade Associations Spent $1.4 Billion on Ads in Past Decade (therealnews.com)
Concerning activism and political fights, fossil fuel companies generally donate a whole lot to PACs and politicians etc, and there is no comparable funding for green politicians. Fossil fuel political giving outdistances renewables 13 to one » Yale Climate Connections
So seen in comparison to fossil fuels—which is the cause of climate change of course—the fight against climate change is heavily underfunded. So I think there is not much doubt that spending additional money can be useful in the fight against climate change.
The issue of cost effectiveness nevertheless remains. How much can one additional dollar do in the fight against climate change, compared to one additional dollar on other causes? The honest answer is that I don’t know. But neither do others, I would argue. I think these things are very difficult to quantify. How much have the dollars spent on avoiding nuclear catastrophe aided against the nuclear danger we are now facing in Russia/Ukraine? I have no idea. How much will the dollars spent on AI safety help down the road? I don’t think anybody knows.
If I am to make a qualified guess, it is that the most cost-effective money to spend on climate change right now is to pour money into funding green activism, grass roots movements and civil resistance. If you look at the political right in the US, a major factor in their success has been various grassroots groups—NRA, Christian churches, pro life centers etc, Tea Party, etc—which have been heavily funded. There is no comparable funding for green grassroots movements. Additional millions here will probably be of great benefit down the road. I doubt that this is the direction Jeff Bezos will take in his funding, I was a benevolent super rich funder who was concerned with climate change, my first instinct right now would be to fund green activists and social groups.
This is not strongly related to the main topic of your post, though :)
It’s fine; this post left the front page in about an hour so I expect new people joining will be limited. I will refrain from responding to your comment at length due to not wanting to stray far off topic, but know that I did read it, and my one sentence response is that I think the amount of money Bezos pledged toward climate change (not mentioning the far greater amount of money that has already been spent on it (Edit: >$300 billion annually) is more than an order of magnitude more money than the total amount of money that has ever been spent on AI safety (Edit: $10 million annually, same source), so I’m not very persuaded by your comparison of some areas of climate change to fossil fuel spending.