US economists, as a group
have never predicted
a US recession.
Not even once.
That doesn't stop them from
wild guessing about the costs
of climate change !
Even economists who specialize
in climate change, fail to take
the scientific debate seriously.
They are told the science is settled,
and believe it without questions,
as if science is ever settled,
and told future global warming
will be very bad news,
even though warming in the past
20,000 years was all good news !
In his book,
William Nordhaus,
the Sterling Professor
of Economics
at Yale University,
wrote:
" ... the basic findings
of expert panels
around the world
are the same:
The processes
underlying projections
of climate change
are established science;
the climate is changing
unusually rapidly, and the
earth is warming.”
Nordhaus, W.
"The Climate Casino:
Risk, Uncertainty,
and Economics
for a Warming World."
2013, page 296
New Haven, CT:
Yale University Press.
Nordhaus doesn't know most people
writing the summaries for policymakers
of the IPCC reports, are not scientists.
Nordhaus doesn't know the IPCC
bases it's predictions on models
that, on average, predict triple
the global warming that
actually happens.
Nordhaus doesn't know
the average temperature
has barely changed since 2003,
in spite of lots of CO2 emissions.
Nordhaus repeats the IPCC’s claim
that its computer models can't account
for rising temperatures without
a major role for CO2.
That's complete nonsense !
There was a warming period
from 1910 to 1940, that had about
two thirds of the warming from
1975 to 2003:
(1)
No one blamed the earlier warming
on CO2, it was natural climate change,
(2)
And no one can prove the later warming
was caused only by CO2,
or was too large to have natural causes
( recall that
natural warming
melted glaciers
that covered
most of Canada
20,000 years ago ! )
Economists have broken
what has been called
Ray Hyman’s
Categorical Directive:
“Before we try
to explain something,
we should be sure
it actually happened”!
The environmental benefits
of a modest global warming
since 1880 have never been
recognized by climate zealots.
Extensive literature exists
describing how
interest groups
have repeatedly
exaggerated
environmental threats
to promote their
financial interests
and ideological agendas.
Going back to the 1960's,
no past forecasts of
serious environmental harm
from human activity
have been correct.
100% wrong !
Economists have
had nothing to offer
on the subject of
real climate science,
other than adding wrong
numbers to the wrong
long-term climate forecasts.