Unsettling Climate Science
Posted by freedomforall 9 years, 6 months ago to Science
Excerpt:
More unsettling are the results of integrated economic and climate models (described in Examining the Threats Posed by Climate Change) that measure the cost of policy action to mitigate climate damage. For scenarios similar to those assumed by the NCA (e.g., an ECS of 3.2 ºC, resulting in a 3.4oC temperature increase by 2100), the cost to the US economy of global climate inaction (i.e., unmitigated warming through 2100) is a 1.8% reduction in GDP. The cost of global climate action (that prevents a 2.0 ºC GATA increase) reduces US GDP by 3.2%. Thus, with the Obama administration's "climate insurance" investment, the abatement cost could be twice that of the averted climate damage — not unlike the administration’s Solyndra investment, which involved solar panels whose manufacturing cost was almost twice their selling price.
More unsettling are the results of integrated economic and climate models (described in Examining the Threats Posed by Climate Change) that measure the cost of policy action to mitigate climate damage. For scenarios similar to those assumed by the NCA (e.g., an ECS of 3.2 ºC, resulting in a 3.4oC temperature increase by 2100), the cost to the US economy of global climate inaction (i.e., unmitigated warming through 2100) is a 1.8% reduction in GDP. The cost of global climate action (that prevents a 2.0 ºC GATA increase) reduces US GDP by 3.2%. Thus, with the Obama administration's "climate insurance" investment, the abatement cost could be twice that of the averted climate damage — not unlike the administration’s Solyndra investment, which involved solar panels whose manufacturing cost was almost twice their selling price.
This will not impact the warmers agenda one iota... It will create no more re-evaluation than any of the other data that questions the predicted magnitude of the problem or the basic premise of AGW...