“The economic effects of climate change are dwarfed by growth,” writes John H. Cochrane on his blog, “The Grumpy Economist.” He proceeds to point out: “Take even worst-case estimates that climate change will lower GDP by 5-10% in the year 2100. Compared to growth, that’s couch change. At our current tragically low 2% per year, without…
Search Results for: climate change
What Exactly Will the SEC Do on Climate Change?
Speculation is growing about how the SEC, under the new chair, Gary Gensler, will address climate change. In the Insurance Journal, Ben Bain reports on the SEC’s possible actions: “The U.S. Securities and Exchange Commission may make corporations reveal more about climate risks in key regulatory filings, a push that Wall Street and the biggest…
Court Decides Climate Change Is Not a ‘Nuisance’
Activists have been suing fossil fuel owners on the grounds that they create a nuisance by emitting greenhouse gases. In the most recent case, the City of New York sued Chevron, ExxonMobil, and other oil companies. On April 1, the Second Circuit Court of Appeals unanimously ruled against the use of nuisance, which is adjudicated…
Media Link Texas Outages to Climate Change
As expected, prominent media are linking the disastrous storm that sent temperatures plunging in Texas and shut off power for millions to “climate change.” The New York Times wrote on February 16: “The notion that the global phenomenon of a hotter planet could be sending a shocking cold wave into the southern United States might…
Once Again, the New York Times Overstates the Impact of Climate Change
On November 10, The New York Times wrote:”[T]here is broad agreement on one thing: Global warming is changing storms.” And, “there’s a solid scientific consensus that hurricanes are becoming more powerful.” No, says Sterling Burnett at Climate Realism: “In the story, the Times substitutes speculation by a few climate alarmists for facts.” “The 2020 hurricane…
Amy Coney Barrett on Climate Change
Myron Ebell put together Amy Coney Barrett’s comments on the environment for CEI. Here’s her spectacular answer to Kamala Harris’s supposedly Socratic questions on climate change: “In the most revealing exchange, Senator Kamala Harris (D-CA) asked Judge Barrett whether she believed that COVID-19 virus is infectious and whether smoking causes cancer. Barrett replied that it’s obvious that the virus…
States Want to Use Covid-19 Stimulus Funds for Climate Change
Some states want funds from the Covid-19 stimulus package to help them cope with climate change. They are quite open about it. In a fascinating compilation of examples, Inside Climate News and the Nation have found such desires as these: In Maine, the state wants money for a heat-pump program that provides incentives to install…