Global Warming Will Not Cost the Earth, Leaked IPCC Report Admits!
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- Global Warming Will Not Cost the Earth, Leaked IPCC Report Admits!
by James Delingpole, http://www.breitbart.com/
The economic costs of ‘global warming’ have been grossly overestimated, a leaked report – shortly to be published by the Intergovernmental Panel on Climate Change (IPCC) – has admitted.
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Previous reports – notably the hugely influential 2006 Stern Review – have put the costs to the global economy caused by ‘climate change’ at between 5 and 20 percent of world GDP.
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But the latest estimates, to be published by Working Group II of the IPCC’s Fifth Assessment Report, say that a 2.5 degrees Celsius rise in global temperatures by the end of the century will cost the world economy between just 0.2 and 2 percent of its GDP.
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If the lower estimate is correct, then all it would take is an annual growth rate of 2.4 percent (currently it’s around 3 percent) for the economic costs of climate change to be wiped out within a month.
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This admission by the IPCC will come as a huge blow to those alarmists – notably the Stern Review’s author but also including everyone from the Prince of Wales to Al Gore – who argue that costly intervention now is our only hope if we are to stave off the potentially disastrous effects of climate change.
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Sir Nicholas (now Lord) Stern was commissioned by Tony Blair’s Labour government to analyse the economic impacts of climate change. Stern, an economist who had never before published a paper on energy, the environment, or indeed climate change, concluded that at least two per cent of global GDP would need to be diverted to the war on global warming.
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Stern’s report has been widely ridiculed by economists, whose main criticism was that its improbably low discount rate placed an entirely unnecessary burden on current generations. Even if you accept the more alarmist projections of the IPCC’s reports on “global warming”, the fact remains that future generations will be considerably richer than our own – and therefore far more capable of mitigating the damages of climate change when or if they arise.
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But Stern’s Review, published at the height of the global warming scare, was seized on by policy makers around the world as the justification for introducing a series of economically damaging measures, including carbon taxes, more intrusive regulation and a drive to replace cheap, efficient fossil fuels with expensive, inefficient renewables.
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This is why Lord Stern has been variously described as “the most dangerous man you’ve never heard of” and been held responsible for some of the worst economic excesses of the green movement.
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” … global warming is a total fraud…. they want to create global government to control all of our lives. That’s what the game plan is.” – Congressman Rohrabacher Quote

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- “In searching for a new enemy to unite us, we came up with the idea that pollution, the threat of global warming, water shortages, famine and the like would fit the bill. In their totality and in their interactions these phenomena do constitute a common threat with demands the solidarity of all peoples. But in designating them as the enemy, we fall into the trap about which we have already warned namely mistaking systems for causes. All these dangers are caused by human intervention and it is only through changed attitudes and behaviour that they can be overcome. The real enemy, then, is humanity itself.“
– “The First Global Revolution”, A Report by the Council of the Club of Rome by Alexander King and Bertrand Schneider 1991. (The Club of Rome is part of the Illuminati RoundTable)
– - Man-made global warming is a psyop by Illuminist social engineers planned many decades ago. It is to drive the world to world government (Luciferian New World Order) using global manufactured crisis. It is to institute a world carbon ‘666’ tax to finance their machinations for world government. It is really financial rape by the Illuminist banksters. The planet is not getting warmer, it is in fact getting cooler! Global warming is a HOAX!






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