Eugene Linden
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One Explanation for Recent Stock Market Whipsaws

I've been mystified by the massive swings upward in the stock market whenever Trump makes a sttement backing off his tough tariff talk. After ten years of listening to Trump throw out stalling lines whenever he feels cornered, no human investor would believe him. So why would the markets take...

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Fire & Flood
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Deep Past
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endangered animals
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The Ragged Edge of the World



Winds of Change
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Afterword to the softbound edition.


The Octopus and the Orangutan
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The Future In Plain Sight
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The Parrot's Lament
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Silent Partners
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Affluence and Discontent
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The Alms Race
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Apes, Men, & Language
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THE OZONE CHRONICLES; HISTORY REPEATING AS TRAGEDY


Friday August 19, 2016

Joe Farnam, the dogged, data-driven discoverer of the ozone hole, died in 2013, three years before publication of findings showing that the ozone layer, which protects life on earth from UV radiation, has finally started to recover. This nascent recovery comes 42 years after atmospheric chemists first raised alarms about the threat chlorine compounds posed to this fragile shield, 34 years after Farman first saw an alarming drop in ozone in Antarctic, and 29 years after the world’s nations took action to phase out the chemicals, and it will still be decades before the ozone layer recovers completely. Were it not for Farman, the international community might not have taken action, and the world would be a far different place today, with unchecked UV radiation spreading cancer and havoc among humanity and devastating ecosystems and the food chain. It’s also worth revisiting this history because the struggle to identify and come to grips with this threat prefigured all the themes of the still-unresolved question of dealing with another man-made threat: climate change.
 
In 1982, when Farman’s monitoring equipment first showed a dip in ozone, he was tempted to dismiss the readings as instrument error. At that point, ozone levels had been stable for 25 years. A recheck validated the findings, however, and subsequent years showed an alarming acceleration in the deterioration of the ozone layer.
 
It was no mystery for scientists what was causing the decline. Eight years earlier, atmospheric scientists Sherwood Rowland, Mario Molina, and Paul Crutzen had published articles documenting that the release of certain chlorine compounds could start chemical reactions that destroyed atmospheric compounds. They won a Nobel Prize for their discovery. Later, prefiguring the playbook of climate denialists today, Congressman Tom Delay disparaged the award as the “Nobel Appeasement Prize.”
 
Even before Delay’s attempts to delay action on protecting the ozone in Congress, the industry, led by DuPont, which dominated the production of CFC’s (the chemicals deemed to destroy ozone), had organized a lobbying effort to discredit the science. They helped found The Alliance for Responsible CFC Policy in 1980, which challenged the scientists at every turn, spread alarm about the economic consequences of a CFC ban, and sowed disinformation in the media. They realized that given the inertia of American politics, they didn’t have to disprove the science. All they had to do was to argue that the science was inconclusive.
 
This was the exact same playbook used in the next decade by the Global Climate Coalition (also founded by Dupont), as well as numerous fossil fuel industry lobbying groups in so-far successful efforts to delay action on climate change. Indeed, a good number of the scientists who disparaged the threat of CFCs, including Fred Singer, Richard Lindzen, and Patrick Michaels, later turned up as leading climate change deniers.
 
In a typical example of industry casuistry, DuPont officials argued in the mid-1980s that no action was necessary because the market for CFCs was flat. What they well knew was that it only looked flat because a severe recession in 1982 distorted the figures, while, in fact, growth was accelerating as the economy recovered and emerging nations looked to increase refrigeration (CFCs were used as a refrigerant).
 
Once the evidence became incontrovertible, DuPont flipped and became an advocate for banning CFCs. While the action looked noble, DuPont had started developing alternatives to CFCs in the 1970s and had a huge lead on competitors. One wonders whether DuPont would have given its support for the 1987 Montreal Protocol if it were not to their economic advantage.
 
There are three lessons from the ozone chronicles, all of which have been ignored thus far in the struggle to deal with climate change:
 
1)   Industry requires regulation. In their no-holds barred attack on the scientists, duplicitous use of disinformation, and lobbying power, the chemical industry showed that all their executives cared about was profits, even if those profits came from chemicals that posed a threat to life on earth. Yet the mood in recent years has been decidedly anti-regulation.

2)   Politics matters. DuPont began to develop alternatives when Rowland and others showed the link between CFCs and the destruction of ozone. They tabled these efforts when Ronald Reagan was elected because they assumed no regulation was coming. In the U.K., the incoming Thatcher administration almost eliminated Farman’s ozone monitoring operation in a cost-cutting effort. How much more damage to the ozone layer might have occurred before some other agency discovered the problem? Today, Australia is considering the shut down of some of its ocean and atmospheric monitoring, vital to our understanding of climate change, in an effort to redirect science towards more commercial applications.

3)   Basic science matters. Were it not for the 25 years of data Farman had collected prior to 1982, he and his colleagues might not have noticed that something unprecedented was happening to the ozone layer. Before Rowland, Molina and Crutzen did their work, CFCs were regarded as entirely benign chemicals. It took basic science to make the leap connecting refrigerants in kitchens to the health of an atmospheric shield.  As we introduce more and more novel compounds into daily life, we need such imaginative scientists to determine whether they might also pose novel threats. Yet, both EPA and research budgets are continually under threat. The world remains one short-sighted budget cut away from blithely ignoring some new novel threat. Trouble is, we don’t know which cut it will be.

 
The world owes a huge debt to the diligence of Joe Farman who doggedly pursued what most would regard as mind-numbing data collection in the face of public indifference and political hostility. We need his successor now more than ever.
 
 

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Short Take

An Excerpt from Fire and Flood Explaining a Universal Climate Tariff

An Excerpt from Fire and Flood Explaining a Universal Climate Tariff

The American Meteorological Society names Fire and Flood its book of the year for 2023, awarding it the Louis J Batton Author's Award.

Fire and Flood.

"Eugene Linden wrote his first story on climate change, for Time magazine, in 1988; it was just the beginning of his investigative work, exploring all ramifications of this impending disaster. Fire and Flood represents his definitive case for the prosecution as to how and why we have arrived at our current dire pass, closing with his argument that the same forces that have confused the public’s mind and slowed the policy response are poised to pivot with astonishing speed, as long-term risks have become present-day realities and the cliff’s edge is now within view.

Starting with the 1980s, Linden tells the story, decade by decade, by looking at four clocks that move at different speeds: the reality of climate change itself; the scientific consensus about it, which always lags reality; public opinion and political will, which lag farther still; and, arguably, most importantly, business and finance. Reality marches on at its own pace, but the public will and even the science are downstream from the money, and Fire and Flood shows how devilishly effective monied climate-change deniers have been at slowing and even reversing the progress of our collective awakening. When a threat means certain but future disaster, but addressing it means losing present-tense profit, capitalism's response has been sadly predictable.

Now, however, the seasons of fire and flood have crossed the threshold into plain view. Linden focuses on the insurance industry as one loud canary in the coal mine: fire and flood zones in Florida and California, among other regions, are now seeing what many call climate redlining. The whole system is teetering on the brink, and the odds of another housing collapse, for starters, are much higher than most people understand. There is a path back from the cliff, but we must pick up the pace. Fire and Flood shows us why, and how." From Catalog Copy

Washington Post:
https://www.washingtonpost.com/outlook/2022/05/27/climate-change-russia-us-are-uncomfortably-alike/
Library Journal Review:
https://www.libraryjournal.com/review/fire-and-flood-a-peoples-history-of-climate-change-from-1979-to-the-present-2135202
Publishers Weekly:
https://www.publishersweekly.com/978-1-98488-224-0  



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