Also, many critics are saying that outside temperature is the main culprit behind the deaths of thousands of people. By having the money to install air conditioners, less lives will be claimed by the heat. "It is a little-known fact that winter deaths exceed summer deaths..." says Ridley. Global warming has reduced heating bills more than it has increased cooling bills. By Earth's temperature steadily rising, we are saving money ans lives, which, in turn, helps us keep our wealth and peace of mind.
In addition, the 1.4% increase in global economic output due to the rising climate is enough to mean the difference between life and death for some people. This statistic is expected to grow to 1.5% by 2025, which would mean that even more people would survive due to the increasing welfare that is circulating in today's economy.
Finally, it is definitely possible for us to compare the costs and benefits that are associated with global warming. A policy should be established that permits some form of man-made substance to be introduced to our atmosphere to maintain and slightly rise Earth's temperature, but that said policy should also ban excess substances that could potentially cause our climate to significantly skyrocket, which in that case would be extremely detrimental to the delicate balance that is our mother Earth.
For more information, I encourage that you visit the article from which I am reporting on: http://www.spectator.co.uk/features/9057151/carry-on-warming/