Quite a man, may he R.I.P.
One thing I have wondered (without possessing the mathematical or technical knowledge to answer this):
If a change of something like 0.0001 can produce dramatic effects somewhere down the line (some of idea of the “butterfly effect” I hope) then there would seem to be enormous indeterminacies in trying to assess anything as vast and complex as the earth’s climate.
i.e., can any of the current “climate change models” come ever remotely close to representing all of the complexities of earth’s actual climate?
That's not to say that chaos theory (or its descendant, complexity theory) isn't relevant--it definitely is! It means that we have to develop our models with these characteristics in mind.
In any case, RIP, Dr. Lorenz.