There are Free Lunches Statement of Intentions

There are Free Lunches: Behavioral Clues to Live Happy in the Economic World is a blog that intends to present updated and relevant information about the "hidden" and only recently uncovered dimensions of the economic science: the behavioral factors. With this blog we intend to promote in Europe and in the rest of the World, the top research articles and perspectives on behavioral economics, decision making, consumer behavior, and general behavioral science. We aim to be followed by journalists, academics, managers, civil servants, and everyone who wishes to improve their daily interaction with the economic world and consequently, their lives' happiness.



Thursday 7 June 2012

CO2 #1 Bad News (via AlGore)

"First the bad news from the International Energy Agency (IEA). Thanks to a huge jump in Chinese emissions, "global carbon-dioxide (CO2) emissions from fossil-fuel combustion reached a record high of 31.6 gigatonnes (Gt) in 2011."
"The worse news is that, "The new data provide further evidence that the door to a 2°C trajectory is about to close," according to IEA Chief Economist Fatih Birol. Why does that matter? As Reuters reported:"
"Scientists say ensuring global average temperatures this century do not rise more than 2 degrees Celsius above pre-industrial levels is needed to limit devastating climate effects like crop failure and melting glaciers.""Darn you truth-telling scientists, always ruining the party (see "James Hansen Is Correct About Catastrophic Projections For U.S. Drought If We Don't Act Now")."
"And the worst news, as Birol told Reuters, is that:"
"When I look at this data, the trend is perfectly in line with a temperature increase of 6 degrees Celsius [11°F], which would have devastating consequences for the planet."
Here is the link to the Sadest Post of All: BadNews

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