Friday, June 07, 2013

The Economist: Public funding for wind turbines is allegedly a "rather cheap" way of preventing CO2-induced disasters

Energy: Blown away | The Economist
Private insurers say that last year was the second-most-expensive in American history for disasters related to climate change, costing them $139 billion. But private insurance paid only a quarter of these costs, leaving taxpayers to cover the rest. By comparison, funding renewable energy properly seems rather cheap.
Roger Pielke Jr.'s Blog: A Handy Bullshit Button on Disasters and Climate Change
With this post I am creating a handy bullshit button on this subject (pictured above). Anytime that you read claims that invoke disasters loss trends as an indication of human-caused climate change, including the currently popular "billion dollar disasters" meme, you can simply call "bullshit" and point to the IPCC SREX report.

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