The Washington Post has acknowledged that the near-famine in the island of Madagascar, which has been suffering a severe drought, was not caused by climate change. Writes Rachel Pannett: “Now, new research has cast doubt on whether global warming is the main cause — underscoring the pitfalls of viewing food crises primarily as a result…
Search Results for: climate change
No, Climate Change Does Not Threaten Banks
A new report from the Federal Reserve Bank of New York disputes the growing claim that climate poses risks to the financial system. “We find that weather disasters over the last quarter century had insignificant or small effects on U.S. banks’ performance,” it says. From John Cochrane, the “Grumpy Economist”: “This is a courageous paper…
Climate Change Activists Should Read the IPCC Report
Roger Pielke, Jr., is a professor in the Department of Environmental Studies at the University of Colorado Boulder. Recipient of the Eduard Brückner Prize for interdisciplinary environmental research, Pielke is a critic of wild claims about the effects of climate change. In a new video and blog post, Pielke discusses the latest report of the…
Eminent Medical Journal Ignores Its Own Study on Climate Change
The Lancet, a British medical journal that has been published since 1823, is on the climate change bandwagon. It has just published an editorial, “The Climate Change Emergency: Last Chance to Act?” The essay appears right before the UN Framework Convention on Climate Change (COP26) begins in Glasgow on Oct. 31. The Lancet editorial laments…
Bjørn Lomborg: Worry Less about Climate Change, More about Policies
Bjørn Lomborg, Danish environmentalist, scholar, and author of False Alarm, is a weekly columnist for the Wall Street Journal as the Glasgow environmental summit (COP-26) approaches in November. Here are some recent highlights: Americans don’t want to pay a lot for climate change. “A recent Washington Post survey found that a majority of Americans would…
Another Mixed Review for Nordhaus on Climate Change
In general, economists like William Nordhaus. He understands the role of prices, has highlighted the value of innovation, and received a Nobel Prize in 2018 for tackling the costs and benefits of global warming. That work revealed that the costs of trying to mitigate global warming too severely can outweigh the benefits. But David Henderson,…