Calculating the Cost of Global Warming

Watts Up With That?

By Andy May

Hopefully, the first two posts in this series, “Do humans harm the environment” and “Population Growth and the Food Supply” have convinced the reader that man-made climate change and global warming are not an existential threat to humanity or the planet. This leaves us in a discussion of the cost of global warming, which is something we can calculate. To do the calculation, we need to estimate the monetary damages caused by global warming, when they will be incurred, and the discount rate of money over that period of time. We will not attempt the calculation here, it is too complex, but we can discuss the parameters and some of the calculations done by others.

We should remind the reader, that the assertion that humans have caused most of the recent global warming has not been proven. The calculation of human influence on…

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About Jim Rose

Utopia - you are standing in it promotes a classical liberal view of the world and champion the mass flourishing of humanity through capitalism and the rule of law. The origin of the blog is explained in the first blog post at https://utopiayouarestandinginit.wordpress.com/2014/03/12/why-call-my-blog-utopia-you-are-standing-in-it/

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