No, we owe it to our children and grandchildren to stop exaggerating the climate change issue, because by doing so we are putting their future economic well-being at risk. Despite the global warming of the past few decades, human and economic vulnerability to climate extremes have declined, mainly in wealthy countries. Economic prosperity is the best protection against whatever changes the climate might have in store. The agenda of radical climate alarmists would put this at risk, not only making us economically worse off, but also more vulnerable to climate hazards.