Adaptation is a better strategy....
Than spending trillions on fighting global warming...here's just one example...
As scientists struggle to predict exactly how global climate change will affect our environment, economists are grappling with another question: How well can humans adapt?
Judging from the history of wheat production in North America, the answer is very well, says Paul Rhode of the University of Michigan. In a paper done together with Alan Olmstead of the University of California-Davis, which he presented Sunday at the annual meeting of the American Economic Association, Mr. Rhode looks at how wheat production fared between the mid-1800s and the late 1900s, as production moved into parts of North America with harsher climates. The conclusion: Production adapted successfully as farmers introduced new strains that grew well in the new climates.
“We’ve been there and done that in terms of adjusting wheat production to new climates,” he said.
According to the paper, production proved resilient to temperature changes of as much as two to five degrees centigrade — similar to the changes scientists expect to occur over the next 90 years as a result of the proliferation of greenhouse gases.
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