No, New York Times, Climate Change Isn’t Driving Inflation

In The New York Times (NYT) article “Is Climate Change Making Inflation Worse?,” writer Lydia DePillis suggests that extreme weather linked to global warming is quietly raising the price of everyday goods like food, electricity, and insurance. The framing is, at best, misleading and, at worst, flat-out false. Inflation is a monetary phenomenon driven by fiscal policy, central banking decisions, supply-chain disruptions, and energy policy choices — there is no evidence climate change has altered in a way that impacts any of those factors. The NYT erroneously substitutes weather anecdotes and speculative projections for demonstrated economic causation. However, since instances…