World Bank: Climate change could cause massive damage
Skeptics say the report paints an overly dire portrait. "This report is non-science," says Patrick Michaels, director of the libertarian Cato Institute's Center for the Study of Science. He says the 4-degree warming is an "implausible outlier."
David Kreutzer, an energy economist at the conservative Heritage Foundation, agrees. He also says the World Bank's recommendations, including redirecting money now spent on fossil-fuel subsidies toward solar and wind energy production, could ultimately do more harm than good for developing countries.
"Proposing energy killing climate policies for the emerging economies is like telling the emaciated to start their diet now because they may become overweight in 90 years," Kretuzer says.