I was disappointed when The Economist switched sides to join the “consensus” on global warming and started arguing for massive government intervention in the economy to “save the planet”. Fifteen years after the last significant bout of warming, The Economist is starting to sound a bit more sensible (and skeptical):
…there’s no way around the fact that this reprieve for the planet is bad news for proponents of policies, such as carbon taxes and emissions treaties, meant to slow warming by moderating the release of greenhouse gases. The reality is that the already meagre prospects of these policies, in America at least, will be devastated if temperatures do fall outside the lower bound of the projections that environmentalists have used to create a panicked sense of emergency. Whether or not dramatic climate-policy interventions remain advisable, they will become harder, if not impossible, to sell to the public, which will feel, not unreasonably, that the scientific and media establishment has cried wolf.
Dramatic warming may exact a terrible price in terms of human welfare, especially in poorer countries. But cutting emissions enough to put a real dent in warming may also put a real dent in economic growth. This could also exact a terrible humanitarian price, especially in poorer countries. Given the so-far unfathomed complexity of global climate and the tenuousness of our grasp on the full set of relevant physical mechanisms, I have favoured waiting a decade or two in order to test and improve the empirical reliability of our climate models, while also allowing the economies of the less-developed parts of the world to grow unhindered, improving their position to adapt to whatever heavy weather may come their way. I have been told repeatedly that “we cannot afford to wait”. More distressingly, my brand of sceptical empiricism has been often met with a bludgeoning dogmatism about the authority of scientific consensus.
Of course, if the consensus climate models turn out to be falsified just a few years later, average temperature having remained at levels not even admitted to be have been physically possible, the authority of consensus will have been exposed as rather weak. The authority of expert consensus obviously strengthens as the quality of expertise improves, which is why it’s quite sensible, as matter of science-based policy-making, to wait for a callow science to improve before taking grand measures on the basis of it’s predictions.
As I wrote back in 2004, “I’ve never been all that convinced of the accuracy of the scientific evidence presented in favour of the Global Warming theory, especially as it seemed to play rather too clearly into the hands of the anti-growth, anti-capitalist, pro-world government folks. A world-wide ecological disaster, clearly caused by human action, would allow a lot of authoritarian changes which would radically reduce individual freedom and increase the degree of social control exercised by governments over the actions and movement of their citizenry.”
