Assertion Supported AI assessment confidence: 95% certainty 4/5 debate potential 2/5

Trump-era report estimated unabated climate change costs 10% of GDP annually

Dr. Mark Paul · The obscure federal agency hindering climate legislation · Jun 1, 2022 · at 10:20

Economist Dr. Mark Paul references federal findings on the long-term macroeconomic costs of climate change.

0:00 / 0:12exact quote · 12.5s
720p mp4 · rendered on demand · StarZero watermark
“A report that came out under the Trump administration, the National Climate Assessment Four, estimated that unabated climate change would lead to damages in the realm of 10% of GDP every year into perpetuity.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Dr. Mark Paul

Opinion
Paul claims the CBO is anything but a fair and honest broker
“Both teams agree that they are, you know, a fair and honest kind of broker in the policy situation. But in fact, CBO is anything but.”
Dr. Mark Paul Jun 1, 2022 ▶ 8:54 The obscure federal agency hindering climate legislation
Opinion
Paul argues CBO gives ammunition to climate deniers without good reason
“The only hurdle we're facing today is a purely political one, and CBO, for no good reason, is giving additional ammunition to climate deniers left and right.”
Dr. Mark Paul Jun 1, 2022 ▶ 6:16 The obscure federal agency hindering climate legislation
Assertion Supported
CBO models arbitrarily assume public investment is half as productive as private
“The CBO is just simply assumes, pulls it out of a hat, that public investment is half as productive as private investment.”
Dr. Mark Paul Jun 1, 2022 ▶ 12:34 The obscure federal agency hindering climate legislation
Assertion Supported
Paul claims 2017 extreme weather events wiped out 60% of GDP growth
“In 2017, extreme weather events fueled by climate change wiped out 60% of GDP. More than half of economic growth was just eliminated due to extreme weather events.”
Dr. Mark Paul Jun 1, 2022 ▶ 17:34 The obscure federal agency hindering climate legislation
Opinion
Paul says NCA4 estimates underestimate damages in a three-degree warmed world
“And to be frank, I think that that is actually a underestimate of what things would look like in a three plus degree warmed world precisely because a habitable planet underpins absolutely everything in our lives.”
Dr. Mark Paul Jun 1, 2022 ▶ 10:46 The obscure federal agency hindering climate legislation
Assertion Not checkable as stated
Empirical evidence shows public investment often yields higher returns than private
“And here again, you know, the empirical evidence shows that that's just completely false. That is not at all how the economy works, and in the real world, often public investment has higher rates of return than private investment.”
Dr. Mark Paul Jun 1, 2022 ▶ 13:07 The obscure federal agency hindering climate legislation
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 100 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.