Climate matters

The top polluting countries in the world have gotten together to see what they can do to address climate change. The meeting was called by the U.S., in particular by President Bush who, a few years ago, was saying that there is no global warming or effect on climate, for that matter.
Now, after Katrina, you’d better not even utter the idea that global warming is a hoax. Although, it seems that some people also take it to the other extreme, where everything you do causes global warming, but let’s move on.
To fight climate change, the U.S. has “aspirational” goals. What does that mean exactly? Because I aspire to win the lottery but since I don’t play, I don’t see it ever happening. Is that it? Are good intentions sufficient to say you’re trying to make a change?
Let’s get real people. We live in a wealthy country! If the effects of climate change are such that natural disaster will be more likely to occur then the same natural disaster in a rich country vs. a poor country will cause a greater harm in the rich country. The rich country has more infrastructure, is more integrated, contains on average more educated people, and people on average have more assets. Thus, the more you have the more you can lose. That’s what Hurricane Katrina taught us. How long is it going to take for us to learn its lesson and fix our problems?
Or, as Alan Greenspan says, are we just too dumb to learn it the first time around? Do more people have to die and does more destruction have to happen before we do something about it? How long until we adapt and how much is our adaptation going to cost in unproductive activities?