Why climate change is good for the world
Climate change has done more good than harm so far and is likely to continue doing so for most of this century. This is not some barmy, right-wing fantasy; it is the consensus of expert opinion. Yet almost nobody seems to know this. Whenever I make the point in public, I am told by those who are paid to insult anybody who departs from climate alarm that I have got it embarrassingly wrong, don’t know what I am talking about, must be referring to Britain only, rather than the world as a whole, and so forth....
...To be precise, Prof Tol calculated that climate change would be beneficial up to 2.2˚C of warming from 2009 (when he wrote his paper). This means approximately 3˚C from pre-industrial levels, since about 0.8˚C of warming has happened in the last 150 years....
...Overall, Prof Tol finds that climate change in the past century improved human welfare. By how much? He calculates by 1.4 per cent of global economic output, rising to 1.5 per cent by 2025. For some people, this means the difference between survival and starvation.
It will still be 1.2 per cent around 2050 and will not turn negative until around 2080. In short, my children will be very old before global warming stops benefiting the world. Note that if the world continues to grow at 3 per cent a year, then the average person will be about nine times as rich in 2080 as she is today. So low-lying Bangladesh will be able to afford the same kind of flood defences that the Dutch have today.
The chief benefits of global warming include: fewer winter deaths; lower energy costs; better agricultural yields; probably fewer droughts; maybe richer biodiversity. It is a little-known fact that winter deaths exceed summer deaths — not just in countries like Britain but also those with very warm summers, including Greece. Both Britain and Greece see mortality rates rise by 18 per cent each winter. Especially cold winters cause a rise in heart failures far greater than the rise in deaths during heatwaves....
...The increase in average carbon dioxide levels over the past century, from 0.03 per cent to 0.04 per cent of the air, has had a measurable impact on plant growth rates. It is responsible for a startling change in the amount of greenery on the planet. As Dr Ranga Myneni of Boston University has documented, using three decades of satellite data, 31 per cent of the global vegetated area of the planet has become greener and just 3 per cent has become less green. This translates into a 14 per cent increase in productivity of ecosystems and has been observed in all vegetation types.
Dr Randall Donohue and colleagues of the CSIRO Land and Water department in Australia also analysed satellite data and found greening to be clearly attributable in part to the carbon dioxide fertilisation effect. Greening is especially pronounced in dry areas like the Sahel region of Africa, where satellites show a big increase in green vegetation since the 1970s....