Suppose you had a small electrical fire and... a structural engineer [looked] at your home's wiring [and] reports that the wiring is "shot" and there is a 50% chance that your house would burn down in the next few years unless you replace all the wiring. The job will cost $20,000... so you get an independent assessment. The next engineer agrees with the first warning. You can either continue to shop for additional evaluations until you find the one engineer in 1,000 that is willing to give you the answer you want, "Your family is not in danger" or you can change the wiring.
Steven ChuWhile we cannot accurately predict the course of climate change in the coming decades, the risks we run if we don't change our course are enormous. Prudent risk management does not equate uncertainty with inaction.
Steven ChuIf there is a regulation that says you have to do something-whether it be putting in seat belts, catalytic converters, clean air for coal plants, clean water-the first tack that the lawyers use, among others things, and that companies use, is that it's going to drive the electricity bill up, drive the cost of cars up, drive everything up. It repeatedly has been demonstrated that once the engineers start thinking about it, it's actually far less than the original estimates. We should remember that when we hear this again, because you will hear it again.
Steven ChuIn the summer after kindergarten, a friend introduced me to the joys of building plastic model airplanes and warships. By the fourth grade, I graduated to an erector set and spent many happy hours constructing devices of unknown purpose where the main design criterion was to maximize the number of moving parts and overall size. The living room rug was frequently littered with hundreds of metal “girders” and tiny nuts and bolts surrounding half-finished structures. An understanding mother allowed me to keep the projects going for days on end.
Steven Chu