So, what is the bottom line? If global warming will only reduce the annual growth rate in our standard of living by 0.13% per year, what should we do? The most plausible economic answer is: nothing. Because the cure is worse than the disease and likely to hurt the economy by much more than that Moreover, the ‘cure’ will provide a huge new pot of revenue for the government to spend and dissipate, reducing our standard of living even further If global warming has such a small effect, as described by the experts cited in the , then the only responsible conclusion is that we should do nothing. Wealth creation is the answer to global warming. A society that is 18x (!) wealthier 82 years from now — or even 6x or 3x wealthier — will probably be able to air condition entire cities in domes — just like in a science fiction novel — if the world were 1.4–5.8 degrees warmer then, as predicted by the consensus of global warming scientists Economics and statistics matter. They are embarrassingly absent from the scaremongering “scientific” research and general media articles on global warming today.