Almost every global environmental scare of the past half century proved exaggerated including the population “bomb,” pesticides, acid rain, the ozone hole, falling sperm counts, genetically engineered crops and killer bees. In every case, institutional scientists gained a lot of funding from the scare and then quietly converged on the view that the problem was much more moderate than the extreme voices had argued. Global warming is no different.
Matt Ridley, from today’s WSJ in Climate Forecast: Muting the Alarm
In climate science, the real debate has never been between “deniers” and the rest, but between “lukewarmers,” who think man-made climate change is real but fairly harmless, and those who think the future is alarming. Scientists like Judith Curry of the Georgia Institute of Technology and Richard Lindzen of MIT have moved steadily toward lukewarm views in recent years.
Even with its too-high, too-fast assumptions, the recently leaked draft of the IPCC impacts report makes clear that when it comes to the effect on human welfare, “for most economic sectors, the impact of climate change will be small relative to the impacts of other drivers,” such as economic growth and technology, for the rest of this century. If temperatures change by about 1C degrees between now and 2090, as Mr. Lewis calculates, then the effects will be even smaller.
Indeed, a small amount of warming spread over a long period will, most experts think, bring net improvements to human welfare. Studies such as by the IPCC author and economist Professor Richard Tol of Sussex University in Britain show that global warming has probably done so already. People can adapt to such change—which essentially means capture the benefits but minimize the harm. Satellites have recorded a roughly 14% increase in greenery on the planet over the past 30 years, in all types of ecosystems, partly as a result of man-made CO2 emissions, which enable plants to grow faster and use less water.
There remains a risk that the latest science is wrong and rapid warming will occur with disastrous consequences. And if renewable energy had proved by now to be cheap, clean and thrifty in its use of land, then we would be right to address that small risk of a large catastrophe by rushing to replace fossil fuels with first-generation wind, solar and bioenergy. But since these forms of energy have proved expensive, environmentally damaging and land-hungry, it appears that in our efforts to combat warming we may have been taking the economic equivalent of chemotherapy for a cold.