Thanks for clarifying the obvious and then misquoting me. I didn't say we shouldn't 'attempt to study anything at all.' The hubris comes in when we decide that we know 'enough' and that we know what to do about it, both of which assume that some sort of intervention is 'necessary.' I remain unconvinced of the latter, irrespective of the obvious benefits of a 'greener' approach to living here in terms a healthier environment.
Yes, you're right, you said it's hubris to claim that "we know enough" to do something about climate change. I apologize for misreading your original post. That said, I wholeheartedly disagree with you. It is not hubris to claim that "we know enough" if we actually believe we know enough. Either you and I are aware of very different levels of understanding of planetary climate among the scientific community, or our standards of what is "enough" are different.
Scientists believe that humanity is contributing to significant global climate changes due to our emissions of CO2 and other greenhouse gases. Pretty much all their models and predictions tell us that if we do nothing, we face potential catastrophe in the near future. Worst case scenarios are literally worldwide catastrophe within the next 30 or 40 years, but much more probable consequences are that by the end of the century our planet will be unable to support nearly today's population levels or standard of living. Climates all across the globe will become more extreme. This isn't fringe thinking, it's the consensus of scientists, and one that they are pretty confident of it. The Earth and its life will survive, but humanity will be forced to undergo major changes and these changes will in all likelihood include significant violence and suffering (let's face it, that's what'll happen). Scientists are also confident that merely curbing our emissions within the next decade or two to more reasonable (and definitely achievable) levels would be enough to avoid that fate.
Yes, there is a possibility that our scientists are wrong; that global warming won't lead to any sort of human tragedy. And even if they're right about that, they could still be wrong, and reducing our emissions might to accomplish anything. That said, the risk of inaction, in my opinion, is not worth shrugging off our responsibility to future generations. If we do nothing, everything might turn out just fine, but the reigning science today says that it probably won't.
To sum this up: I believe that we know enough that ignoring the risk would be among the most irresponsible cases of inaction in human history - and that is no small claim, we have plenty examples of gruesome consequences of inaction.
Alright: 'magnifies'... feel better now?
Yes, I do feel better. But I want to clarify further - the fact that multiple layers of observations and assumptions usually magnifies the confidence interval doesn't mean that theories built up off of many such layers are inferior. The only thing that determines that is the final level of confidence of the results, and its agreement with appropriate real-world scenarios or experiments. I recently did an experiment about thermal lensing with pretty crappy equipment; more than 10 uncertainties, including those of the crappy equipment, went into calculating the uncertainty of the final results - and the resulting confidence interval was still very small. Looking at the number of factors, and even the uncertainties of those factors individually, tells you nothing about the uncertainty of your final prediction; you really have to do the math to figure that out, and you'd be surprised at how large uncertainties can go in, and small ones can come out.
No doubt, the longer the time scale the more likely the models are to be 'reasonably predictive'. Problem is, the AGW proponents aren't talking about 'long-term' solutions (I happen to believe there is only one 'long-term' solution, if any) - the Goracle says we're doomed within a decade without drastic intervention. I'm not willing to bet the long-term farm by rolling the dice on drastic short-term interventions that are politically motivated, the risks & benefits of which we haven't exactly worked out yet (& may never), especially when they're almost certainly pissin' in the long-term ocean anyway, at great cost.
"the longer the time scale the more likely the models are to be 'reasonably predictive.'" Wow. No, you clearly don't understand the concept of computer models of complex systems. You see, in order to accurately predict what the climate will be like next year, extraordinarily precise initial conditions would have to be input into these simulations. So precise that it's not going to happen, not in the near future anyway. When dealing with such complex and chaotic systems, you don't try to make pinpoint predictions at all. You don't say, "in 34 years, the average global temperature will have increased by 2.3 celsius, 4 years later it'll have gone back down by 0.1 degrees, and another 4 years later it'll go up again by another 0.6 degrees" that would be amazingly dishonest. Instead, you look for trends and broad long-term effects. The types of conclusions that can be made are things like, "Over the time-span of about 50 years, temperature will increase by an average of 0.1 celsius, with a standard deviation of 0.1 celsius," (meaning that ~2 out of 3 years, the temperature will change by 0 to +0.2 celcius). Also, they don't just put in a set of initial conditions, press start and record the results. They run the simulations numerous times, sometimes varying initial conditions, sometimes not.
On the other hand if someone designed a simulation that is meant to accurately predict short-term effects, then using that model to make long-term predictions would be similarly dishonest. Simulations and models are designed for very specific purposes, and taking their results out of context renders them meaningless; unfortunately, the media doesn't understand this concept and reports the musings of curious scientists as well-founded scientific predictions.
Also, I find it telling that you completely ignored my hypothetical scenario. I have a feeling you didn't answer it because your answer would either undermine your argument or make you look silly. Feel free to prove me wrong.