Economic damage from man-made ‘climate change’ is illusory whereas damage from man-made ‘policies’ to fight the said change is real. Damage from man-made climate change will come in the future whereas damage from man-made policies to fight the change will be immediate. Token measures will not result in reduced human carbon dioxide emissions whereas significant reduction cannot happen without affecting large numbers of people in the present. Babbling about future global tail risk would appear dense when parts of the present-day world face ongoing and slow-moving catastrophes now.
Is this controversial? The answer is yes – if you’re trapped in the alarmists’ camp, believe in Nicholas Stern, and imagine like marooned Japanese soldiers that World War II is still raging (see picture above).
Setting aside the skepticism in the first statement, Richard Tol provides an excellent synthesis of the climate change policy debate. It is probably the best you will read for the year. The international climate diplomacy community has invested decades in trying to solve the imaginary climate problem. Whatever the outcome of ‘Paris‘ may be, they are not about to simply disappear with nothing left to do. It is likely the world will need to grapple with the impacts of climate policymakers to come in the foreseeable future. As Paris approaches – the costs will be high, the rhetoric shrill and the crescendo unbearable. Skulduggery and subversion of democracy, guaranteed.
The traffic-addicted AndTheresPhysics has picked up on the article in ham-handed fashion and squirted his wisdom in the usual manner pretending to disagree with Tol while agreeing with nearly all his points. If a recent run-in with the physicist was any indication, it is not clear he understands applying self-punitive carbon dioxide reduction constitutes a real present-day harm, at all.