Let’s pause there for a moment: 6.6 per cent after 80 years is a very small number. Canada has set out ambitious economic growth plans based on high levels of immigration and continued efforts to boost productivity and income. Suppose this results in two per cent real GDP growth from 2021 to 2100. That would mean Canada’s economy will grow by 388 per cent over those 80 years. According to the PBO, if we do nothing about global warming, it will instead grow by about 381 per cent.
In other words, the PBO projects that the impact of climate change will be small relative to other drivers, including population change, technology and many other aspects of socioeconomic development.
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The IPCC concluded, not very long ago, that while greenhouse gases have warmed the climate and will continue to do so, the effects will be small compared to pretty much every other driver of change in the century ahead. This is the opposite of an “emergency” or “crisis.”
Source: Parliamentary Budget Officer just debunked climate alarmism: Opinion | Financial Post
