Brexit, Climate Change, No Drama Obama

Two related, but contrasting, items on Brexit.

The climate change connection to Brexit is unclear and mostly negative. It is simply true that we benefit from international unity when addressing a global problem, and the EU is a powerful forward looking entity that could address climate change more effectively than the collection of individual nations in the EU otherwise might. With the UK out of the EU, AGW may be somewhat harder to address.

Or, maybe not so much. The EU is still only one entity among several dozen, so having this small shift may not be that big of a deal.

But the Brexit-Climate Change link with respect to intergenerational politics is important and interesting. Dana Nuccitelli nails this down writing in The Guardian. See the graph above.

Dana talks about the similarity of difference across generations in attitudes about Brexit as well as climate change, and shows how these patterns, similar in both cases, are tied to the phenomenon of "intergenerational theft." The ascending generation prefers expansion, ballooning of economic systems, putting off dealing with long and even medium term consequences. The younger generation takes it in the neck.

The problem is of course that younger generations will have to live with the consequences of the decisions we make today for much longer than older generations. Older generations in developed countries prospered as a result of the burning of fossil fuels for seemingly cheap energy.

That's all true and important.

But I was also interested to hear President "No Drama" Obama's remarks on Brexit. He sees this a more of the pressing of a pause button on a process that is not going to be stopped, and less of a cataclysm.

Is he right? Or is he just trying to put off panic?

Here are his remarks:

What do you think?