‘Feel Good’ vs. ‘Do Good’ on Climate

Article from the NYT's about a new book by Dr Lomborg and his economic evaluation of the global warming threat.

The lesson from our expedition is not that global warming is a trivial problem. Although Dr. Lomborg believes its dangers have been hyped, he agrees that global warming is real and will do more harm than good. He advocates a carbon tax and a treaty forcing nations to budget hefty increases for research into low-carbon energy technologies.

But the best strategy, he says, is to make the rest of the world as rich as New York, so that people elsewhere can afford to do things like shore up their coastlines and buy air conditioners. He calls Kyoto-style treaties to cut greenhouse-gas emissions a mistake because they cost too much and do too little too late. Even if the United States were to join in the Kyoto treaty, he notes, the cuts in emissions would merely postpone the projected rise in sea level by four years: from 2100 to 2104.

“We could spend all that money to cut emissions and end up with more land flooded next century because people would be poorer,” Dr. Lomborg said as we surveyed Manhattan’s expanded shoreline. “Wealth is a more important factor than sea-level rise in protecting you from the sea. You can draw maps showing 100 million people flooded out of their homes from global warming, but look at what’s happened here in New York. It’s the same story in Denmark and Holland — we’ve been gaining land as the sea rises.”

Dr. Lomborg, who’s best known (and most reviled in some circles) for an earlier book, “The Skeptical Environmentalist,” runs the Copenhagen Consensus Center, which gathers economists to set priorities in tackling global problems. In his new book, he dismisses the Kyoto emissions cuts as a “feel-good” strategy because it sounds virtuous and lets politicians make promises they don’t have to keep. He outlines an alternative “do-good” strategy that would cost less but accomplish more in dealing with climate change as well as more pressing threats like malaria, AIDS, polluted drinking water and malnutrition.

If you’re worried about stronger hurricanes flooding coasts, he says, concentrate on limiting coastal development and expanding wetlands right now rather than trying to slightly delay warming decades from now. To give urbanites a break from hotter summers, concentrate on reducing the urban-heat-island effect. If cities planted more greenery and painted roofs and streets white, he says, they could more than offset the impact of global warming.

The biggest limitation to his cost-benefit analyses is that no one knows exactly what global warming will produce. It may not be worth taking expensive steps to forestall a one-foot rise in the sea level, but what if the seas rise much higher? Dr. Lomborg’s critics argue that we owe it to future generations to prepare for the worst-case projections.

But preparing for the worst in future climate is expensive, which means less money for the most serious threats today — and later this century. You can imagine plenty of worst-case projections that have nothing to do with climate change, as Dr. Lomborg reminded me at the end of our expedition.