That's impressive that climate can selectively hunt down poor people and make them poorer while it can carefully work around rich people and make them richer. Gaia must be a nasty piece of work to do that, as well as suicidal, removing all that carbon from the ecosphere and burying it far underground which took the great expertise of humans to do the recycling to prevent the big final freeze.
It's a tough life when even the climate is looking after the rich and whacking the poor. But is it an "expense" if rich people get richer faster than poor people getting richer? Normally, an expense is a cost which is a loss, like entropy. But with everyone getting richer, it's more like the inflationary cosmos than entropy dragging it down. <While climate change has continued to increase global average GDP, this has come at the expense of the rich getting richer and the poor getting poorer. This isn't a surprise, given that the poorest countries, who contribute the least to the climate problem, are the most vulnerable to climate change. The report attempts to account for this disparity with an "equity-weighted" economic impact of climate change, illustrated by the black dotted line in the above figure, and concludes,
"the maximum impact of climate change occurs 45 years earlier [in 1980] when equity weighted."
Thus if we weight the impact of climate change on GDP to account for the adverse impact to the economies of poorer countries, according to this report, we reached peak climate economic benefit in 1980. After about 2015, the dotted curve declines steeply.>
It's silly to extrapolate so many decades, to the 22nd century. That's like blacksmiths in the early 20th century projecting out to now. Their predictions about A380s, autocars and Cyberspace would be way off the mark. Their predictions about genetic engineering and selection would be bung too. The Global Alarmist "Settled Scientists" couldn't even get their GIGO computer models to get the first decade correct. It's laughable to think they have a clue about 100 years from now.
Mqurice |
