PAUL C. “CHIP” KNAPPENBERGER, AND PATRICK J. MICHAELS, CATO INSTITUTE
We complain so constantly about the pessimistic view that the government takes on climate change that perhaps some of you are thinking alright already, we get it. Of course, the concept that governments exaggerate threats in order for the populace to clamor to be led to safety is Mencken at his pithiest, and such sentiment is not in particularly short supply here at Cato!
If you think that we are out on a pessimistic limb, check out this story making headlines out of Japan, from the U.N.’s Intergovernmental Panel on Climate Change meeting to hash out the second part of their latest climate change assessment report. The first part, on the science of climate change, was released last fall (it was horrible). The second part deals with the impacts of climate change (isn’t going to be much better). The news is that one of the lead authors on the economics chapter, Richard Tol, Professor of Economics at the University of Sussex, has quit the IPCC over their irrational negativity.
Here is how a Reuters article headlined “UN author says draft climate report alarmist, pulls out of team” captured Tol’s thoughts:
Tol said the IPCC emphasised the risks of climate change far more than the opportunities to adapt. A Reuters count shows the final draft has 139 mentions of “risk” and 8 of “opportunity”.
Tol said farmers, for example, could grow new crops if the climate in their region became hotter, wetter or drier. “They will adapt. Farmers are not stupid,” he said.
He said the report played down possible economic benefits of low levels of warming. Less cold winters may mean fewer deaths among the elderly, and crops may grow better in some regions.
“It is pretty damn obvious that there are positive impacts of climate change, even though we are not always allowed to talk about them,” he said. But he said temperatures were set to rise to levels this century that would be damaging overall.
Tol has developed an economic model that finds that modest climate change will prove economically positive. However, towards that latter part of this century, temperatures in his model are projected to rise to such a degree that that resulting negative consequences eventually overwhelm the positive one. Thus the final sentence in the passage above.
However, the climate projections that are incorporated in Tol’s economic model are likely wrong—they predict too much warming from future carbon dioxide emissions. When those climate model projections are brought more in line with the current best science, the positive economic benefits from Tol’s model likely extend far beyond the end of the 21st century.
The bottom line is that people adapt to climate change and so long as it is relatively modest—and there is growing evidence that it will be—the human condition will almost certainly be no worse off and probably even better.
Enough with the pessimistic outlook! It is high time to celebrate the progress we are making, in the face of, or even in part because of, the earth’s changing climate.
Chip Knappenberger is the assistant director of the Center for the Study of Science at the Cato Institute, and coordinates the scientific and outreach activities for the Center