3min chapter

The Soho Forum Debates cover image

Does Climate Science Really Compel Us Toward Urgent Action?

The Soho Forum Debates

CHAPTER

Climate Change and the Global Economy - What's Next?

The US economy will possibly grow 2% per year to be four times larger in 2019 than it is today as shown by the blue line. This chart from the US government's 2018 assessment shows how future warming is expected to reduce that growth. The best advice from the best scientists says that the aggregate economic impact of warming three times the Paris goal is minimal, a few percent to a few degrees. In other words, warming will hardly be a catastrophe or crisis.

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