Three Inconvenient Truths about Global Warming

 Abstract:  Here I discuss why the 2007 IPCC Report implies that global warming is a problem best solved on a long-term basis

 with amelioration measures gradually ramped up over time as the technology and economics allow, and as the magnitude of the 

problem becomes clearer.  This analysis disagrees markedly with the 2006 Stern Report, which argues for greater urgency, and 

greater actions in the near term future.  However, the assumptions in that report are at variance with mainstream economic thought.  

The three inconvenient truths about the problem are: (a) it could be very serious in the future and cannot be stopped entirely, 

(b) curbing it significantly would not be inexpensive and would still lead to a significant temperature rise over the next century, and 

(c) while the possibility of harm clearly increases along with the temperature increase, we currently have no clear line as to 

what level is “dangerous.”