2008 Copenhagen Consensus Conference
The Copenhagen Consensus is a meeting of the top economists to determine the priority in which global problems should be solved. Unsurprising they found:
So what proposed solutions are at the bottom of the list? At number 30, the lowest priority is a proposal to mitigate man-made global warming by cutting the emissions of greenhouse gases. This ranking caused some consternation among the European journalists at the press conference. Nobelist and University of Maryland economist Thomas Schelling noted that part of the reason for the low ranking is that spending $75 billion on cutting greenhouses gases would achieve almost nothing. In fact, the climate change analysis presented to the panel found that spending $800 billion until 2100 would yield just $685 billion in climate change benefits.
I can already hear Al Gore:
‘The debate is over. The expert opinion agrees. It’s fact that we should do nothing about global warming.
I can’t help but wonder how happily those that eagerly defend global warming via the ’scientific consensus’ will embrace the economic consensus to do nothing about global warming. Knowing humans I suspect those that embrace the scientific consensus will be much more reluctant to embrace the economic consensus. It’s almost like expert determined facts are much more important when they support your beliefs then when they don’t.
June 2nd, 2008 at 9:05 am
And I can’t wait for those that doubt global warming just because of it’s threat to market economy, start to use “science” and “experts” as a reason to do nothing because of global warming.
I have no problem with this recommendation.
June 3rd, 2008 at 11:18 am
Yes, ecologists and economists have the same priorities when making recommendations. Obviously the fact that the two groups disagree means they’re both frauds.
June 3rd, 2008 at 11:35 am
I did a ctrl-F for ‘fraud’ in my post but I couldn’t find it. Perhaps you could point to it.