Twitter / RichardTol: Our best estimate is that global ...
Our best estimate is that global warming of 2.5K would make the average person feels as if she’d lost 0.9% of income. #climateeconomicsTwitter / RichardTol: @AlastairFraser It is pretty ...
@AlastairFraser It is pretty minor. A century's worth of climate impacts is undone by a single year of growth.Twitter / RichardTol: Climate change is initially ...
Climate change is initially beneficial but these are sunk gains. Net impacts turn negative around 2.1K global warming. #climateeconomics
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0.9% of income. 0.6% of take-home pay, or less.
For a $60,000/yr income, equals $540/yr before taxes, $378/yr ATax, $32/month, $16/paycheck.
In one hundred years, assuming 2.5C.
If it happened tomorrow - say, like a carbon tax, you'd notice it. Might mean you kept your old car for another 6 months. If they have cars in 100 years.
Much ado about hardly anything. That is why CAGW has to be a moral issue to get any traction.
Estimate is media speak for 'we make up the figures and claim they are facts
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