The elite use false, emotional climate arguments
to take trillions of your money
Christine Lagarde, president of the European Central Bank, in Financial Times:
'Extreme weather ruins us'
Reality: No
archive.ph/pecdq
tandfonline.com/doi/full/10.10
Here is how the cost of weather-related damages are declining for both rich, poor and whole-world 1980-2016
Cost of climate-related disasters has dropped nearly 5-fold since 1980
True for both richer and poorer countries and for all countries
sciencedirect.com/science/articl
Cost of nearly all climate-related disasters have dropped dramatically over 1980-2016
True for both richer, poorer and all countries, at 50, 100, 200 and 400km
Most climate-alarmed media reports that total costs are increasing
But this misinforms us
It ignores that the same flood or storm will create much more damage in a much richer world
That is why the UN insists that damages should be measured in % of GDP
unstats.un.org/sdgs/metadata/
Most climate-alarmed media reports that total costs are increasing
But this ignores that the same flood or storm will create much more damage in a much richer world
Clearly, a storm hitting Shanghai in 2020 will cause more damage than one in 1990
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