WSJ: A Climate Of Catastrophe

The Editorial Board remains a voice of sweet reason on this topic:

   Keep in mind that the IPCC report is a political document. It is intended to scare the public and motivate politicians to reduce CO2 emissions no matter the cost, which by the way the report summary never mentions. No less than Al Gore admitted this on PBS in October 2018 when the IPCC issued an interim report: “The language the IPCC used in presenting it was torqued up a little bit, appropriately. How do they get the attention of policymakers around the world?”
   Torqued up is right. The U.N. Secretary-General called the new report a “code red for humanity.” And someone at Reuters actually wrote this sentence: “Further warming could mean that in some places, people could die just from going outside.”
   If they really believe this, the policy response has failed miserably. Politicians have spent trillions of dollars subsidizing renewable energy with no effect on climate. Nuclear power, which would sharply reduce CO2, is taboo among the greens. Innovation in developing low-cost natural gas, which substitutes for coal, may have done more than any government policy to reduce U.S. emissions. Yet President Biden wants to crush the gas industry with regulation.
   The IPCC report doesn’t justify putting the U.S. economy into the hands of government. A sensible climate policy will continue to monitor trends, while allowing a free economy to find solutions and build the wealth that will allow for adaptation and amelioration if the worst happens. This lacks the drama of the Apocalypse, but it will better serve the world.