{"id":319050,"date":"2024-04-19T13:50:50","date_gmt":"2024-04-19T11:50:50","guid":{"rendered":"https:\/\/climatescience.press\/?p=319050"},"modified":"2024-04-19T13:50:53","modified_gmt":"2024-04-19T11:50:53","slug":"climate-change-to-cost-38-gazillion-dollars-every-ten-minutes-right-after-i-retire-say-all-the-experts","status":"publish","type":"post","link":"https:\/\/climatescience.press\/?p=319050","title":{"rendered":"Climate Change to cost $38 gazillion dollars every ten minutes, right after I retire say all The Experts"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n\n

<\/p>\n\n\n\n

From JoNova <\/a><\/p>\n\n\n\n

By Jo Nova<\/strong><\/a><\/p>\n\n\n

\n
\"\"<\/figure>\n<\/div>\n\n\n

Buy my weather changing machines before midnight and I\u2019ll save you $38 Trillion dollars and throw in some rainy days (or sunny ones, whatever you need).<\/strong><\/p>\n\n\n\n

Trust me<\/em>, Earth\u2019s Chief Climate-economist said, while stacking climate models that don\u2019t work on top of crystal balls that forecast the economy. Two failures squared and projected to infinity makes great headlines and a never ending grant.<\/em><\/p>\n\n\n\n

Their climate models can\u2019t predict the most influential global climate phenomenon on the planet even six months in advance, so 25 year predictions are \u201cobviously\u201d the way to go. (No one will know they were wrong).  The El Ni\u00f1o-Southern Oscillation (ENSO) drives heatwaves and floods across the globe but no matter what supercomputer they use, not one of the 23 General Circulation Models of Climate can tell you whether 2025 will be La Nina or El Nino, let alone 2045. We\u2019re in the chicken-entrail days of climate forecasting.<\/p>\n\n\n\n

Not one of the UN experts can even name the key variables that drive the ENSO cycle. Is it the solar wind blasting us at a million miles an hour, is it the interplanetary magnetic field, ultraviolet cycles, or cosmic rays? Is it geothermal hot leaks in submarine trenches we haven\u2019t mapped, undersea volcanoes we haven\u2019t measured, or phytoplankton blooms we didn\u2019t even know we needed to pay attention<\/a> to until last year? Remember how the same geniuses blamed mankind for the horrid benzene and toluene in the vast Southern Ocean for years, only to discover the dang pollutants were made by industrial microbes in the ocean?  Both those gases are aerosols that seed clouds far above the ocean, and those clouds are big enough to be mapped from space, but Climate Models go Brrr<\/em>, and say \u201cgive me your money\u201d.<\/p>\n\n\n\n

Climate Change Will Cost Global Economy $38 Trillion Every Year<\/a> Within 25 Years, Scientists Warn<\/h4>\n\n\n\n

Robert Hart, Forbes<\/em><\/strong><\/p>\n\n\n\n

Damages from climate change will set the global economy back an estimated $38 trillion a year by 2049, with a likely range of between $19 trillion and $59 trillion, warned a trio of researchers from Potsdam and Berlin in Germany in a peer reviewed study published<\/a> in the journal Nature.<\/p>\n\n\n\n

To obtain the figure, researchers analyzed data on how climate change impacted the economy in more than 1,600 regions around the world over the past 40 years, using this to build a model to project future damages compared to a baseline world economy where there are no damages from human-driven climate change.<\/p>\n\n\n\n

Bragging about \u201c40 years\u201d and 1,600 regions like that means something, is just fawning over mindless big number climate-porn figures. The last 4 million years of \u201cclimate change\u201d looks like an earthquake readout and it wasn\u2019t caused by man-made CO2. There are cycles in here that last 40,000 years and cycles we don\u2019t even know about. We have captured one thousandth of one cycle and we\u2019re boasting about it?<\/p>\n\n\n\n

\"\"
L. E. Lisiecki and M. E. Raymo (2005)<\/figcaption><\/figure>\n\n\n\n

This paper in \u201cNature<\/em>\u201d the formerly esteemed journal, reads like a sales brochure in the press release. These scientists took lessons from the Mafia:<\/p>\n\n\n\n

Study finds world economy already committed to income reduction of 19% due to climate change<\/a><\/h4>\n\n\n\n

Even if CO2<\/sub> emissions were to be drastically cut down starting today, the world economy is already committed to an income reduction of 19% until 2050 due to climate change, a study published in Nature<\/em> finds. These damages are six times larger than the mitigation costs needed to limit global warming to two degrees.<\/p>\n\n\n\n

So based on their models that don\u2019t work, and miss scores of variables, they estimate we should bet trillions, and redesign our entire national economy or our income will be  smaller than it was probably, maybe going to be if we didn\u2019t. Satisfaction guaranteed. Just ask us in 25 years and we\u2019ll model how much money we saved you.<\/em><\/p>\n\n\n\n

_____________________<\/strong><\/p>\n\n\n\n

Jo Nova\u2019s tally of climate model failure continues:<\/strong>  the hot spot is still<\/em> missing<\/a>, the climate models can\u2019t predict the climate on a local, regional, or continental scale,<\/a> they don\u2019t know  why global warming slowed for years,<\/a> They can\u2019t explain the pause, the cause or the long term historic climate movements <\/a>either. Measurements of satellites, clouds, 3,000 ocean buoys<\/a>, 6,000 boreholes,<\/a> a thousand tide gauges<\/a>, and 28 million weather balloons<\/a>  can\u2019t find the warming<\/a> that the models predict. In the oceans, the warming isn\u2019t statistically significant<\/a>, sea-levels<\/a> started rising too early<\/a>, aren\u2019t rising fast enough<\/a>, aren\u2019t accelerating, nor are warming anywhere near as much as they predicted<\/a>. Antarctica<\/a> was supposed to be warming faster than almost anywhere but they were totally wrong.<\/a> The vast Southern Ocean is cooling not warming<\/a>. And the only part of Antarctica that\u2019s warming sits on top of a volcano chain<\/a> they prefer not to tell you about.<\/p>\n\n\n\n

No wonder expert climate modelers don\u2019t want their own pensions bet on climate models.<\/a><\/p>\n\n\n\n

REFERENCE<\/p>\n\n\n\n

Leonie Wenz, The economic commitment of climate change, Nature<\/em> (2024). DOI: 10.1038\/s41586-024-07219-0<\/a>. www.nature.com\/articles\/s41586-024-07219-0<\/a><\/p>\n\n\n\n

L. E. Lisiecki and M. E. Raymo  (2005) \u2014 A Pliocene-Pleistocene stack of 57 globally distributed benthic \u03b418O records,<\/em> Paleoceanography 20, 1003<\/p>\n\n\n\n

Image created by Robert A. Rohde \/ Global Warming Art<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Buy my weather changing machines before midnight and I\u2019ll save you $38 Trillion dollars and throw in some rainy days (or sunny ones, whatever you need).<\/p>\n","protected":false},"author":121246920,"featured_media":319056,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_crdt_document":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[1],"tags":[691828230,691818056,691818153,691818076,691825837],"class_list":{"0":"post-319050","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","6":"hentry","7":"category-uncategorized","8":"tag-38-trillion-dollars","9":"tag-climate-change","10":"tag-climate-models","11":"tag-co2","12":"tag-global-economy","14":"fallback-thumbnail"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2024\/04\/4apokalipsis-gorod-ruiny-nebo.jpg?fit=1332%2C850&ssl=1","jetpack_likes_enabled":true,"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paxLW1-1kZY","jetpack-related-posts":[{"id":229293,"url":"https:\/\/climatescience.press\/?p=229293","url_meta":{"origin":319050,"position":0},"title":"We are being \u2018misled\u2019 on the climate change crisis","author":"uwe.roland.gross","date":"11\/15\/2022","format":false,"excerpt":"Copenhagen Consensus Centre President Bjorn Lomborg says the reality is we are being \u201cmisled\u201d on climate change because they want to \u201cscare us\u201d into spending \u201ctrillions of dollars\u201d.","rel":"","context":"Similar post","block_context":{"text":"Similar post","link":""},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/11\/0Screenshot-2022-11-15-124548.png?fit=893%2C505&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/11\/0Screenshot-2022-11-15-124548.png?fit=893%2C505&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/11\/0Screenshot-2022-11-15-124548.png?fit=893%2C505&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2022\/11\/0Screenshot-2022-11-15-124548.png?fit=893%2C505&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":257103,"url":"https:\/\/climatescience.press\/?p=257103","url_meta":{"origin":319050,"position":1},"title":"How Much Warming Reduction by Spending $50,000,000,000,000?","author":"uwe.roland.gross","date":"05\/12\/2023","format":false,"excerpt":"\u201cIf you could answer\u00a0my question: if we spend $50 trillion to become carbon neutral in the United States of America by 2050,\u00a0you\u2019re the deputy secretary of energy, give me your estimate of\u00a0how much that is going to reduce world temperature.\u201d","rel":"","context":"In \"$50 trillion\"","block_context":{"text":"$50 trillion","link":"https:\/\/climatescience.press\/?tag=50-trillion"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0Screenshot-2023-05-03-at-12.29.32-PM-e1683131420171.png?fit=1200%2C515&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0Screenshot-2023-05-03-at-12.29.32-PM-e1683131420171.png?fit=1200%2C515&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0Screenshot-2023-05-03-at-12.29.32-PM-e1683131420171.png?fit=1200%2C515&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0Screenshot-2023-05-03-at-12.29.32-PM-e1683131420171.png?fit=1200%2C515&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/climatescience.press\/wp-content\/uploads\/2023\/05\/0Screenshot-2023-05-03-at-12.29.32-PM-e1683131420171.png?fit=1200%2C515&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":287817,"url":"https:\/\/climatescience.press\/?p=287817","url_meta":{"origin":319050,"position":2},"title":"Claim: $5.9 Trillion Government Money Grab Required for Climate Action","author":"uwe.roland.gross","date":"11\/13\/2023","format":false,"excerpt":"From Watts Up With That? 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