After a cold winter, it's easy to convince people that warming would be a good thing. What is new and surprising is that a warmer climate would, overall, be good for Americans, improve the economy, and put more money in the pockets of the average family. Good news for taxpayers the day after the filing deadline.
And how do we know this? Well, a team of 26 respected economists, led by Yale Professor Robert Mendelsohn, has taken a closer look at the evidence. They have re-evaluated the United Nations report that has been used to justify the drastic policies of energy rationing and taxes, demanded by the 1997 Kyoto Protocol (to the 1992 Global Climate Treaty). Where the U.N. report found only economic losses from warming, the new study, just published by the prestigious Cambridge University Press, finds mostly gains. (Ironically, the CUP also published the 1996 U.N. report.)
What a refreshing thought -after listening to the "Chicken-Littles" in academia and the media telling us about the horrors of greenhouse warming.
According to our vice president, it is the "greatest challenge facing the United States in the coming century." (Having invented the Internet and mastered spelling, he has also anointed himself as a leading expert on climate catastrophes.) Not nuclear war, not terrorist attacks with biological and chemical weapons, but an extra degree of temperature in the next 100 years - or perhaps 2 degrees (if you believe the theoretical calculations). Really? Who can take this perverted sense of priorities seriously?
Returning to the new economic study, what accounts for this remarkable turnaround? Mostly commonsense, but also a much better methodology for calculating the effects of climate change for different economic sectors: agriculture, forestry, water resources, energy, coastal structures, commercial fishing and recreation.
The common sense comes in considering that farmers are not dumb; they will adapt to changes - as they always do. They will plant the right crops, select the best seeds, and choose the appropriate varieties to take advantage of longer growing seasons, warmer nights, and of course the higher levels of carbon dioxide that make plants and trees grow faster.
One should not be too hard on the U.N. report. It didn't try to break any new ground. It merely collected five readily available studies, mostly from "climate worriers" (the upper-middle-class overanxious) who wanted to show how bad warming really is. The U.N. report reprinted their conclusions, without much analysis. Had the editors looked more closely, they would have noticed something quite interesting: While all five studies showed losses of around 1 percent of GNP (actually from 0.3 to 1.2 percent), the individual sector losses showed much larger disparities between the studies up to a factor of 50 for timber losses! Not exactly confidence-inspiring.
So now we are pretty sure that global warming will be beneficial rather than a threat something already anticipated by Hoover Institution economist Thomas Gale Moore in his new book "Climate of Fear: Why We Shouldn't Worry About Global Warming." What will this new knowledge do for the public, for economists, and for politicians?
Well, the public is not likely to hear much about this blockbuster. There has been no publicity, not even from the publishers. The dust jacket of the book doesn't hint at the startling conclusion. Are there conspirators out there trying to hide it? The book is mentioned in the journal Science but without much enthusiasm. There hasn't been a word about it from the White House; but we wouldn't expect it. If only they would attack it; that would create some publicity and get the media to read and report on it.
That leaves the ball in the court of the politicians. Will the 95 senators who voted against a Kyotolike policy please take note and use this result?
Perhaps the battle cry of the coming presidential campaign should be "Stop Global Whining."
S. Fred Singer is professor emeritus of environmental sciences at the University of Virginia and is president of the Science & Environmental Policy Project in Fairfax, Va.
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