Global Warming or Cooling?

A recent report by the United Nations warns that the world is on the verge of a dangerous climate threshold. As reported in the Washington Post:

“The world is likely to pass a dangerous temperature threshold within the next 10 years, pushing the planet past the point of catastrophic warming — unless nations drastically transform their economies and immediately transition away from fossil fuels, according to one of the most definitive reports ever published about climate change.”

Yet, if one looks at global temperatures as illustrated in graph below, global temperatures have been flat for the past 20 years.

Further, this year cold records have fallen across North America. Some scientists say that due to sun cycles, global temperatures may very well decline in the coming decades.

Auroras In Florida For First Time In Decades; Cold Records Continue To Fall Across U.S.; Europe Set For Spring Freeze; + Australia’s Polar Outbreak

Which is correct? Hmm.

Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

2 thoughts on “Global Warming or Cooling?

  1. Well maybe we can have a lottery to discern who will be sacrificed to the weather gods.

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