Abstract

This paper examines the costs of regulation based on the assumption that global warming is caused by human activities. It then describes the political origins of current global warming, and contrasts it with a longer view of known science, which reveals periodic cooling and warming cycles. The assertions of a scientific consensus are examined and discounted because of faulty and selective techniques. The rejection of traditional scientific results is justified as based on public policy preferences of crisis advocates. Finally, both the costs and prospective benefits of normal global warming are examined.

Keywords: Global warming, Political origins, Costs of regulation, Public policy