Global Warming’s True Believers Are Screaming At The Proverbial Scoreboard

In a recent column about HBO’s documentary series Vice, I questioned Vice founder Shane Smith’s contention that a failure to act on the theory that is global warming will prove perilous. Smith asserted that soon enough 80 of the world’s most developed cities will be under water thanks to inaction when it comes to reducing carbon emissions.

My argument was that market signals suggest a lot of warming alarmism is overdone; that if it were really the problem its advocates say it is, cities like Los Angeles, New York and Seattle would presently be experiencing an outflow of human and financial capital, and housing prices in all three would be in serious decline. Importantly, none of what I said was rooted in science. No scientist, I merely pointed out that market signals don’t reflect what warmists deem a scientific consensus.

Read More…