UN IPCC LEAD AUTHOR Dr. Richard Tol rips IPCC: ‘The idea that climate change poses an existential threat to humankind is laughable’
Even if one accepts WG2′s estimate that a “further warming of 2°C could cause loses equivalent to 0.2-2 per cent of world gross domestic product,” that is “about as bad as losing one year of economic growth” in half a century, Tol notes. In contrast, since the start of the Eurozone financial crisis, the income of the average Greek has fallen more than 20%.
After noting that climate change is not even the biggest environmental problem (indoor air pollution has killed 260 million people — more than all the wars of the 20th century combined, Bjorn Lomborg estimates), Tol points out that the best protection from climate-related risk is economic growth and the institutions that facilitate it.'
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