Not politically correct ...
The Price of Climate Change - New York Times:
"Even economists are getting into the weather business. Olivier Deschnes of the University of California at Santa Barbara and Michael Greenstone of the Massachusetts Institute of Technology have written a pair of papers that assess some effects of climate change. In the first, they use long-run climatological models — year-by-year temperature and precipitation predictions from 2070 to 2099 — to examine the future of agriculture in the United States. Their findings? The expected rises in temperature and precipitation would actually increase annual agricultural production, and therefore agricultural profits, by about 4 percent, or $1.3 billion. This hardly fulfills the doomsday fears conjured by most conversations about global warming."
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