My latest at IER. Some excerpts:
As the numbers indicate, 59 percent—a solid majority—[of the 365 peer-reviewed climate economists] thought that climate change would be beneficial for the global economy at least through the year 2025. Moreover, 37 percent of the experts thought that climate change would be beneficial to the global economy until at least the year 2050. Does this match up with the apocalyptic rhetoric coming from Vox and other quarters?
The irony here is incredible. Americans have been beaten over the head for years about the “settled science” of the peer-reviewed research, and the Obama Administration assembled an Interagency Working Group that has spent years calculating and updating estimates of the “social cost of carbon.” We at IER have reported on all of the problems with these models, and cited MIT economistRobert Pindyck’s scathing critique. Now guys like Roberts are coming along and effectively saying, “I don’t care about the peer-reviewed literature that the IPCC uses, or the models chosen by the Obama Working Group. Let’s make policy by conducting a survey to see what the group thinks.”