Note:
In my opinion,
based on real science,
there is no logical reason
to assume that
future global warming
will be bad news.
Our planet
has already had
over 300 years
of global warming,
with no bad news.
There's no reason to
assume the future climate
will be completely different
than anything in the
past 300 years !
That means
the mainstream
economic
"consensus
research"
on climate change,
is a steaming pile
of farm animal
digestive
waste products.
The purpose of this article
is not to defend wild guess
economic estimates of the
"costs" of climate change.
I say there are
more benefits
than costs.
The purpose of this article
is to show that leftists
spin tall tales about
future climate change
-- they even ignore
their own mainstream
consensus scientists,
when their predictions
don't fit the leftist narrative.
There's a huge disconnect
between what the published
mainstream economics research
actually says about government
policies to limit global warming,
and how the media is reporting it.
For example, the research says
President Trump taking the U.S.
out of the Paris Agreement
doesn’t really affect anything.
The primary
“Consensus Research”
seems to be the work of
Nobel laureate William Nordhaus,
whose model on climate change
policy had been one of three
used by the Obama Administration.
In the fall of 2018, the news came out
that William Nordhaus had won
the Nobel Prize for his pioneering work
on the economics of climate change.
Roughly the same time,
the UN released a
“Special Report”
advising governments
to try to limit global warming
to +1.5 degrees Celsius.
Nordhaus’ model
was the reason
he won the Nobel Prize.
His model projects
that if governments
“did nothing,”
total global warming
would reach about
+4.1 degrees Celsius.
Nordhaus’ work also concludes
the UN’s document calling for
a +1.5°C global warming limit,
would cause far more damage,
in the form of reduced economic
output, than benefits
( so it would be better
( so it would be better
for governments to “do nothing”
about climate change at all ).
The climate alarmists did not
want to hear that, so they
plugged their ears with their
fingers, and hummed loudly !
American students,
are being whipped
into a panic over the
(fake) "existential threat"
of climate change.
But that climate alarmist
rhetoric they are being
brainwashed with,
is far removed
from even the underlying
mainstream consensus
climate science "research".
Nordhaus' 2017
estimate (wild guess):
Nordhaus' 2017
estimate (wild guess):