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Why Do Policymakers Overestimate the Cost of ‘Doing Nothing’ to Mitigate the Risk of Climate Change and Underestimate the Cost of Doing Something?

by Andrew Sibley
27 October 2024 7:00 AM

The next Conference of the Parties (COP29) is due to take place in Baku, Azerbaijan on November 11th to 22nd 2024. Ahead of this private-jet jamboree, the UN Environmental Programme, has issued another Emissions Gap Report (EGR 2024) continuing the fear narrative. The Executive Director Inger Andersen says “crunch time is here” and “we need global mobilisation on a scale and pace never seen before, starting right now” to reduce carbon emissions. Otherwise, the world is in danger of missing the 1.5°C temperature cap set by the 2015 Paris Agreement.

When we consider the question of climate change without the rhetoric, we must assess three aspects: the observations, the science, and the policy. This reminds me of the three sources of temptation of the soul: the world, the flesh and the devil. Although not a perfect analogy, in the search for scientific truth with regards to the state of the climate each aspect has been corrupted to some extent. Most egregiously, the temptation of policy makers is to overlook the observations and science, with their sources of error, and press ahead with the excessive drive towards Net Zero regardless of its social and economic impact.


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Tags: Climate AlarmismClimate changeCOP29El NinoJudith CurryNet ZeroNicholas LewisRoy SpencerThe North Atlantic Multidecadal OscillationUrban heat island

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