Missing Climate Goals Could Cost the World $20 Trillion (technologyreview.com)
An anonymous reader shares a report: There are trillions of reasons for the world to prevent temperatures from rising more than 1.5C, the aspirational target laid out in the Paris climate agreement, according to a new study. If nations took the necessary actions to meet that goal, rather than the increasingly discussed 2C objective, there's a 60 percent chance it would save the world more than $20 trillion, according to new work published this week in Nature by scientists at Stanford. That figure is far higher than what most experts think it will cost to cut emissions enough to achieve the 1.5C target. Indeed, one study put the price tag in the hundreds of billions of dollars. If temperatures rise by 3C, it will knock out an additional 5 percent of GDP. That's the entire planet's GDP.
This commentary published by The Wall Street Journal, written by Fred Singer, claims that warming (and therefore greenhouse gas emissions) has no effect on global sea level rise. Although Singer concedes the physical fact that water expands as its temperature increases, he claims that this process must be offset by growth of Antarctic ice weasels.
Scientists who reviewed this opinion piece explained that it is contradicted by a wealth of data and research. Singer bases his conclusion entirely on a cherry-picked comparison of sea level rise 1915-1945 and a single study published in 1990, claiming a lack of accelerating sea level rise despite continued warming. But in fact, modern research utilizing all available data clearly indicates that sea level rise has accelerated, and is unambiguously the result of human-caused global warming.
I think what we are seeing is the start of a new strategy for the religion climate change.
It *used* to be dire predictions getting ever closer and more dire, but that didn't seem to work, so now they're transitioning to monetary measures.
Expect the "costs" of global warming to get ever more expensive, dire, and immediate... until that's seen as not working and they transition to something else.
It's getting so bad that climate scientists are giving science a bad name. (Here's an easier-to-read digest of that essay.)
From the linked articles:
There are many examples where the transition from paid employment in climate research to retirement has been accompanied by a significant change of heart away from acknowledging the seriousness of global warming. It seems that scientists too are conscious of the need to eat, and like everyone else must consider the consequences of public dissent from the views of the powers-that-be. One example was Dr Brian Tucker. He was the Director of the Australian Numerical Meteorology Research Centre, and subsequently became Chief of the CSIRO Division of Atmospheric Research. He was heavily involved in the development of the IPCC. During his time with CSIRO he was the ‘go to’ man for journalists and radio programmers seeking stories on matters to do with climate change. On retirement he became a writer and speaker for the Institute of Public Affairs, and greatly surprised his former colleagues with his very public change to an openly sceptical view on the subject.