NIPCC IR1 - Chapter 10 - Economic and Other Policy Implications
Chapter 10 presents data on the economic effects of the global warming of the twentieth century, errors in how the IPCC conducts its impact analyses, and recent studies concerning biofuels and the relationship between climate and war and social unrest. It finds decades-long empirical trends of improving human well-being according to measures that are climate-sensitive, such as hunger, poverty rates, and deaths due to extreme weather events. The IPCC systematically underestimates society’s adaptive capacity by failing to take into account the greater wealth and technological advances that will be present at the time for which impacts are to be estimated. Even in worst case scenarios, mankind will be much better off in the year 2100 that it is today, and therefore able to adapt to whatever challenges climate change presents.