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What crisis? We put out a trillion tons of man-made CO2 yet global disaster losses are shrinking

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By Jo Nova

If man-made climate change does anything at all, it makes Global Disasters tamer

Humans produced 980 billion tons of CO2 in the last 32 years, yet global losses due to weather related damage are shrinking as a proportion of our economy.

Despite there being more humans on Earth than ever before, with more buildings, farms, and factories just waiting to be wrecked by bad weather, somehow global weather disaster losses are not as large a part of our economy as they used to be.

All those extra houses, tractors and cars are sitting-ducks for storms, floods, and hailstones, yet the “climate crisis” is doing less damage to our GDP than it used to when CO2 levels were much lower.

Back in 1990 global CO2 levels were just 355ppm, now it’s more like 417ppm.

Roger Piekle Junior investigated the economic losses of weather disasters for the last three decades. He found that when losses were adjusted for inflation, and measured as a proportion of global GDP, damages were shrinking.

Naturally this tells us nothing at all about what drives the climate, but shows the prophesies are bonkers, and the relentless weather porn on the news is like [...]


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