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Forecasting the Economic Impact of a Changing Climate (arstechnica.com)

An anonymous reader writes: Academic research has been busily trying to pin down how a changing climate will affect our planet over the long- and short-term. But a new study in the journal Nature attempts to forecast not the changes in weather, but the changes in our economy as a result of climate change. "The study (abstract) finds that climate change can be expected to reshape the global economy by reducing average global incomes roughly 23 percent by the year 2100. This study is important because it solves a problem that has existed in prior models of climate change effects on economics: discrepancies between macro and micro level observations." Notably, the paper provides evidence that regional economies can be linked to global climate effects. "This modeling allowed them to examine whether country-specific deviations from growth trends were related to country-specific differences in temperature and precipitation trends, while accounting for any global shifts that would be experienced to affect all countries."

5 of 249 comments (clear)

  1. Re: Global warming is a joke by silentcoder · · Score: 5, Informative

    ExonMobil's internal memos specifically cite global warming caused by burning fossil fuels as the key to making arctic drilling profitable.

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  2. Re:Is Al Gore redistributing his wealth??? by Archangel+Michael · · Score: 2, Informative

    How can one ignore one the greatest propaganda artists on the side that everyone keeps pointing to, until it becomes an Inconvenient Truth?

    Here's the part that gets me. People love to spout off the incredible claims this guy makes, and then like a defunct prophet, discards him until it is convenient to call upon his name again.

    This isn't science, it is religion. Pure Religion. They use scientific sounding terms and make bold predictions that have failed repeatedly, only to have the next round of prophets waiting in the wings with a better interpretation of their holy book!

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  3. Who believes this? Only everyone... by Layzej · · Score: 4, Informative
    Who believes that shit? Glad you asked:

    African Academy of Sciences

    American Geophysical Union

    American Chemical Society

    American Institute of Physics

    American Physical Society

    Australian Institute of Physics

    Australian Meteorological and Oceanographic Society

    European Physical Society

    American Association for the Advancement of Science

    American Meteorological Society

    European Academy of Sciences and Arts

    European Federation of Geologists

    European Geosciences Union

    European Science Foundation

    Federation of Australian Scientific and Technological Societies

    InterAcademy Council as the representative of the world’s scientific and engineering academies

    International Council of Academies of Engineering and Technological Sciences

    United States National Research Council

    Royal Society of New Zealand

    Royal Society of the United Kingdom

    American Society of Agronomy (ASA),

    Crop Science Society of America (CSSA),

    Soil Science Society of America (SSSA)

    Well, the list goes on and on... It would be much easier to list dissenting organizations: NONE - https://en.wikipedia.org/wiki/...

  4. Re:Who believes this? Only everyone... by Anonymous Coward · · Score: 2, Informative

    CAGW extremists are well known to lie consistently on wikipedia. Just like Cook's 97% consensus, they include anyone and anything that mentions humans and climate.

    http://www.climatechangedispatch.com/97-articles-refuting-the-97-percent-consensus.html

  5. Re:Wrong Term. by ClickOnThis · · Score: 2, Informative

    C02 is neither poisonous nor a pollutant since without it (or if it drops below 150 ppm), all plant life would die followed by the rest of us all.

    That is a specious argument. Almost any substance, in sufficient concentration, can be poisonous or a pollutant. That holds for CO2. It even holds for O2.

    That said, nobody in the AGW crowd is saying that human-driven levels of CO2 are poisonous in the sense of being toxic. But human-produced CO2 is a pollutant, insofar as it has an environmental impact. Specifically, it increases the Earth's temperature through the greenhouse effect.

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