Climate Change

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I don’t believe that climate change does not matter at all. It does matter but it is not a yes-no question. It is a matter of trade-offs. The question is: how much does it matter relative to other things that deserve our attention?

Disease, hunger, armed conflict, the Religion of Peace — these global problems demand a systemic response today more than anything that is likely to be a problem in 100 years. How much will it cost to address those pressing problems of today, and how do those costs stack up against the cost of climate change mitigation efforts?

In our world, change is not an optional extra. It comes as standard equipment, a non-negotiable feature. We live in the anthropocene, an epoch of significant human impact on the world. Climate change, both anthropogenic and natural, is to be expected. The question is how should humanity deal with climate change. Should drastic and dramatic action be taken? My answer is a definite no. I have presented pieces of the argument above and now it is time to wrap it up.

The historical case for discounting the doom & gloom stories of the climatistas is simple. One can come up with all sorts of scary scenarios which don’t hold any water the moment you throw technological change in the mix.

[The above is an excerpt from a July 2017 post on Climate Change Considered Dangerous. It’s worth a read.]

Author: Atanu Dey

Economist.

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