Thread by @BjornLomborg

The untruth that keeps coming back: global warming will be much costlier because of extreme weather: it will cost us 2.5%-7.5% just at 2°C

bloomberg.com/amp/news/artic…

Can we just realize that the global GDP cost of climate events has *decreased*, not increased
And is 'just' 0.26% down to 0.19%
graph updated from tandfonline.com/doi/full/10.10…

And that costs from pretty much *all* areas are declining across the world
sciencedirect.com/science/articl…

And deaths have been declining even faster — a 96% reduction over the past hundred years from 1920-2018
facebook.com/bjornlomborg/p…

Even the UN itself said that 2°C will cost about 0.5%
ipcc.ch/sr15/, p256

It is simply contrary to the IPCC's own estimates of costs
from ipcc.ch/report/ar5/wg2/ p690, updated by Nobel Nordhaus nber.org/papers/w23646.…, data.nber.org/reporter/2017n…