The threat of climate change is an increasingly important environmental issue for the globe. Because the economic questions involved have received relatively little attention, I have been writing a nontechnical book for people who would like to see how market-based approaches could be used to formulate policy on climate change. When I showed an early draft to colleagues, their response was that I had left out the arguments of skeptics about climate change, and I accordingly addressed this at length.But one of the difficulties I found in examining the views of climate skeptics is that they are scattered widely in blogs, talks, and pamphlets. Then, I saw an opinion piece in The Wall Street Journal of January 27, 2012, by a group of sixteen scientists, entitled “No Need to Panic About Global Warming.” This is useful because it contains many of the standard criticisms in a succinct statement. The basic message of the article is that the globe is not warming, that dissident voices are being suppressed, and that delaying policies to slow climate change for fifty years will have no serious economic or environment consequences.
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