Reprieve From Climate Doom: IPCC Dials Back the Alarm on Global Warming

The panel even suggests that over the next 70 years, the benefits of Global Warming may outweigh any economic or ecological harm.

by Rod D. Martin
September 17, 2013

Today's Wall Street Journal reports that the Intergovernmental Panel on Climate Change, in its report scheduled to be released on Sept. 27, not only significantly reduces its estimate of the Global Warming threat, but actually suggests that it is more likely than not that over the next 70 years, the benefits of Global Warming will outweigh any economic or ecological harm.

Wow.  And more "wow" still, because none of this takes into account all of the other recent scientific studies that tend to indicate that the IPCC even now is still off its rocker, to such a degree that the world may actually be facing the Global Cooling everyone was worried about in the Seventies.

This is clearly a big deal, less because of the science and more because of the bigger point I've been making for years: we shouldn't be stampeded into draconian (and socialist, but that's actually not the main point) global public policy changes over the well-funded, highly-incentivized opi…