"The United Nations' Intergovernmental Panel on Climate Change will shortly publish the second part of its latest report, on the likely impact of climate change. Government representatives are meeting with scientists in Japan to sex up—sorry, rewrite—a summary of the scientists' accounts of storms, droughts and diseases to come. But the actual report, known as AR5-WGII, is less frightening than its predecessor seven years ago.
The 2007 report was riddled with errors about Himalayan glaciers, the Amazon rain forest, African agriculture, water shortages and other matters, all of which erred in the direction of alarm. This led to a critical appraisal of the report-writing process from a council of national science academies, some of whose recommendations were simply ignored.
Others, however, hit home. According to leaks, this time the full report is much more cautious and vague about worsening cyclones, changes in rainfall, climate-change refugees, and the overall cost of global warming.
It puts the overall cost at less than 2% of GDP for a 2.5 degrees Centigrade (or 4.5 degrees Fahrenheit) temperature increase during this century. This is vastly less than the much heralded prediction of Lord Stern, who said climate change would cost 5%-20% of world GDP in his influential 2006 report for the British government."...
They promised us flooded cities, etc but it was much less severe than expected. Despite few countries achieving Kyoto goals and countries like China and India rapidly increasing pollution and energy consumption.
But we are supposed to believe them this time? Were they the same group who told us pot would make us into sex fiends and murderers?
Thomas Sowell: There are no solutions, just trade-offs.
