Posted on 01/20/2025 2:48:45 AM PST by Libloather
Across the world, public finances are stretched dangerously thin. Per-person growth continues dropping while costs are climbing for pensions, education, health care and defense.
These urgent priorities could easily require an additional 3%-6% of GDP. Yet green campaigners are loudly calling for governments to spend up to 25% of our GDP, choking growth in the name of climate change.
If climate Armageddon were imminent, they would have a point. The truth is far more prosaic.
Two major new scientific estimates of the total global cost of climate change have been published recently.
These are not individual studies, which can vary greatly (with the costliest studies getting copious press coverage). Instead, they are meta-studies based on the entirety of the peer-reviewed literature.
One is authored by one of the most cited climate economists, Richard Tol; the other is by the only climate economist to win the Nobel prize, William Nordhaus.
The studies suggest that a 3 degree Celsius temperature increase by the end of the century — slightly pessimistic based on current trends — will have a global cost equivalent to between 1.9% and 3.1% of global GDP.
To put this into context, the United Nations estimates that by the end of the century, the average person will be 450% as rich as he or she is today. Because of climate change, they will feel “only” 435%-440% as rich as today.
Why is this so different from the impression we have been given by the media?
Alarmist campaigners and credulous journalists fail to account for the simple fact that people are remarkably adaptable and tackle most climate problems at low cost.
Take food: Climate campaigners warn we’ll starve, but research shows that instead of a 51% increase in food availability by 2100 if there were no climate change...
(Excerpt) Read more at nypost.com ...
Climate nuts want humans to become extinct!
Not only no reward but severe damage
Green gilled Greta gratuitously grins when grabbing your wallet!
Weatherphobes are so terrified of minor changes in temperature they will bankrupt Countries, destroy economies and starve 100 million poor children.
I totally believe in climate change. All I want to see is:
1. The project plan for implementing green policies, which can be measured for success.
2. Risk mitigation plan for what happens when they are wrong and overcool the planet.
3. Financial plan for auditing the spending.
4. Project schedule for how long this is going to take.
5. How much money is needed.
6. Who gets the money.
I've always wondered who decides when the climate change hoax is over. The hoaxsters? Pretty neat arraignment.
I watched a commentator talk about the ultimate goal of the Left. It’s to bankrupt everything. Destroy everything. That’s because you can’t create Utopia until you drive everything down to zero. Only then can you begin to build Utopia. But the Left is like that snow cone shaped giant machine in the original Star Trek. It destroys everything. Nobody knows why. It just does. The Left was started on this rampage more than a century ago, but nobody ever put into the Left the blueprint for what comes next. They just know the first step.
The Left centuries ago was the great unwashed, powerless masses. They couldn’t build anything. All they could do was destroy. So, like the hammer who sees everything as a nail, the Left started along the path of destruction secure in the knowledge that their leaders would, once they’d destroyed everything, figure out how to create Utopia. No financing, no material wealth, but hey, we’ll cross that bri...crap, we destroyed the bridge...cross that...oh, whatever.
Still whining in the House, too.
That’s nothin!
algore said our kids wouldn’t know firsthand what snow was in NY.
My GREAT NIECCE saw what snow was today :)
The great END OF THE WORLD narrative...stated by false prophets and gurus and people who THINK they know better than Jesus when He is coming, now has a new guest.
Climate doomers will keep predicting the world’s end and never geet it right generation after generation.
“I will come like a thief in the night” is the only time frame I need for the end of the world.
It means live life but always have your soul prepared.
I’m 50/50 on any given day :(
The forecast for Houston is 2-4 inches of snow tomorrow with higher amounts along the gulf coast of Louisiana.
Climate change = Power grab disguised as social concern
The planet will be doomed when God decides it to be...no sooner. What can we do? Accept Christ as Savior.
Correction- they want to bankrupt the little people so that they themselves can steal their money for themselves and have power over the broke populations... that is the end goal.
“Man caused climate change” is the “golden goose” to whomever controls the movement! EVERYTHING bad that happens can be blamed on “man caused climate change”, and fined, charged, taxed, confiscated, denied, approved, etc etc etc in the name of “saving muvver erff”
And it is my beleif that it will be used to so financially cripple the civilians and peasants that in order to live, and not freeze to death or overheat and die, whichever the case may be, families will feel forced to take the mark of the beast just to get relief in order to get fuel, gasoline, heating privileges, electricity, on and on it goes. Without the mark, peoples lives will be in danger, literally.
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