New Report Breathlessly Prognosticates Economic Doom From Global Warming

Here’s Justin Gillis, one of the journalistic world’s biggest Warmists and climahysterics

Bipartisan Report Tallies High Toll on Economy From Global Warming

More than a million homes and businesses along the nation’s coasts could flood repeatedly before ultimately being destroyed. Entire states in the Southeast and the Corn Belt may lose much of their agriculture as farming shifts northward in a warming world. Heat and humidity will probably grow so intense that spending time outside will become physically dangerous, throwing industries like construction and tourism into turmoil.

That is the picture of what may happen to the United States economy in a world of unchecked global warming, according to a major new report being put forward Tuesday by a coalition of senior political and economic figures from the left, right and center, including three Treasury secretaries stretching back to the Nixon administration.

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You simply have to love the carnival palm reader certainty of the report.

“I actually do believe that we’re at a tipping point with the planet,” Mr. Paulson said in an interview at his home in Chicago. “A lot of things are going to happen that none of us are going to like to see.”

So far, virtually every prognostication from Warmists has failed. Meanwhile, none of this is news, since previous Holocene warm periods were warmer than the current one.

“Here we have this existential threat that I really do think has the possibility of being catastrophic, and I don’t think people have any sense of that,” Mr. Rubin said.

Uh huh. Apparently, humans saw catastrophe during previous warm periods and virtually died out. What? No? Human society thrived during warm periods? And saw massive hardship during the cool ones? Goodness!

The campaign behind the new report, called Risky Business, is funded largely by three wealthy financiers who are strong advocates of action on global warming: Mr. Paulson, who with his wife, Wendy, has helped finance conservation efforts for decades; Thomas F. Steyer, a billionaire former hedge fund executive and Democrat who is pushing to make global warming a central issue in political races around the country; and Michael R. Bloomberg, the former mayor of New York, who now urges cities to confront the threat of climate change.

The players should tell you all you need to know about the issue.

Mr. Houser called the analysis “the most detailed modeling ever done on the impact of climate change on specific sectors of the U.S. economy.”

Hooray, more models! Because they’ve worked so well so far.

If greenhouse gas emissions continue at a rapid pace, the report said, the global sea level could increase roughly a foot by 2050, and double or triple that by century’s end. A rise of as much as six or eight feet cannot be entirely ruled out, but that is more likely in the next century.

Pull my finger.

If emissions continue apace, the combination of heat and humidity projected for some regions, particularly the Southeast, at century’s end means that anyone working outside at certain times will face a high risk of life-threatening heat stroke. And in the 22nd century, much of the eastern half of the country could face these conditions for weeks on end, the researchers predicted.

Funny, “emissions” have been rising, yet there has been an almost 18 year pause, over half the satellite record. Oh, sorry, these things “could” happen in the far flung future. It’s such an existential threat that Warmists like Paulson, Bloomberg, and Steyer have completely changed their lives to be carbon neutral, and are exhorting fellow Warmists to do the same. What’s that? They haven’t? Who woulda thunk it?

Crossed at Pirate’s Cove. Follow me on Twitter @WilliamTeach.

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