Climate Change Hasn’t Set the World on Fire

According to popular wisdom, 2016 was a terrible year. Horrific terror attacks struck many countries. The Syrian crisis claimed tens of thousands of lives. Turkey withstood suicide bombings and a failed coup. More than 70 countries experienced a decline in freedom. Political shocks included Brexit and Donald Trump’s victory in the United States’ presidential election – both unforeseen by the media or political elite. Zika was declared an international public-health emergency. The year is likely to be the warmest ever measured.

The goal of Copenhagen Consensus 2012 was to set priorities among a series of proposals for confronting ten great global challenges. A panel of economic experts, comprising some of the world’s most distinguished economists, was invited to consider these issues. The ten challenge papers, commissioned from acknowledged authorities in each area of policy, included nearly 40 proposals for the panel’s consideration. During the conference the panel examined these proposals in detail.

COPENHAGEN – As George W. Bush and Tony Blair learned the hard way, the public does not take kindly to being misled about the nature of potential threats. The after-the-fact revelation that the reasons for invading Iraq were vastly exaggerated – and in some cases completely fabricated – produced an angry backlash that helped toss the Republicans out of power in the United States in 2008 and may do the same to Britain’s Labour Party later this year. A similar shift in global public opinion is occurring with respect to climate change. (...)