Overheating About Global Warming -American Consequences
"Decades of climate-change exaggeration in the West have produced frightened children, febrile headlines, and unrealistic political promises. The world needs a cooler approach that addresses climate change smartly without scaring us needlessly and that pays heed to the many other challenges facing the planet....For starters, leading politicians and much of the media have prioritized climate change over other issues facing the planet.
Last September, United Nations Secretary-General António Guterres described climate change as a 'direct existential threat' that may become a 'runaway' problem. Last February, The New York Times ran a front-page commentary on the issue with the headline 'Time to Panic.' And some prominent politicians, as well as many activists, have taken the latest report from the United Nations Intergovernmental Panel on Climate Change (IPCC) to suggest the world will come to an end in just 12 years. This normalization of extreme language reflects decades of climate-change alarmism....Reality would sell far fewer newspapers. Yes, global warming is a problem, but it is nowhere near a catastrophe. The IPCC estimates that the total impact of global warming by the 2070s will be equivalent to an average loss of income of 0.2-2% - similar to one recession over the next half-century. The panel also says that climate change will have a 'small' economic impact compared to changes in population, age, income, technology, relative prices, lifestyle, regulation, and governance....Perhaps even more astoundingly, the number of people dying each year from weather-related catastrophes has plummeted 95% over the past century, from almost a half-million to under 20,000 today - while the world's population has quadrupled. Meanwhile, decades of fearmongering have gotten us almost nowhere. What they have done is prompt grand political gestures, such as the unrealistic cuts in carbon dioxide emissions that almost every country except the U.S. has promised under the 2015 Paris climate agreement. In total, these cuts will cost $1 trillion to $2 trillion per year. But the sum total of all these promises is less than 1% of what is needed, and recent analysis shows that very few countries are actually meeting their commitments. In this regard, the young protesters have a point: the world is failing to solve climate change. But the policy being pushed - even bigger promises of faster carbon cuts - will also fail, because green energy still isn't ready. Solar and wind currently provide less than 1% of the world’s energy, and already require subsidies of $129 billion per year. The world must invest more in green-energy research and development eventually to bring the prices of renewables below those of fossil fuels, so that everyone will switch."