Published by permission. First published in The Critic July/August 2020
Warming not the only threat
The vast sums spent in the UK and globally on climate change mitigation have never been subject to a rigorous cost-benefit analysis. To date they have had no measurable impact on the climate, let alone climate change and have thus been a colossal waste of money. Recent events have shown us that climate change is just one of many challenges facing our world today, so it is sensible to ask for every pound spent on climate change, how much money should be set aside to prepare us for other threats: Carrington events (solar electromagnetic storms), pandemics, global financial collapse, volcanoes, earthquakes and tsunamis and more? What is the appropriate level of global insurance, and where is the insurance for poorer countries? Continue Reading →
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