This is an op-editorial from a non-climatologist. An OPINION, and not a qualified one. It's also a common one for deniers based on a fallacy:
You can't predict the future. Climatologists never tried to, which is why all the original predictions back in the 70s were carefully worded like "As much as 4 degrees per decade."
Notice, it said "As much as." If you want, I can cite the original testimony to Congress this is quoted from. (If you're actually interested in checking sources. I'm not going to assume either way.)
Non/anti-scientist "Free thinkers" seize on this either as an innaccuracy "It was only 2 degrees in the last decade" or demand impossible precision in something that was never going to be precise down to 3 significant decimal places in the first place. They read headlines, skin over articles on actual studies, looking for the fatal eror that disproves the entire "Theory," and use words like "Theory" incorrectly to betray their basic lack of the fundementals of scientific method. (Just like Evolution is "Just a Theory.")
The rate of change, changes. We are actively fighting the Rate Of Change. Just like acceleration, if your car is going too fast, you can take your foot off the gas, stop accelerating, and apply the brakes to Actively change the rate of velocity. Anyone who's driven a car, or even ridden a bike understands the basic concept of acellerating, and decelerating. We even have reverse gears so you can look back, and drive the other way, without turning completely around.
The original reports were a Warning: "If we don't do something soon, we will eventually reach the runaway greenhouse point, and be unable to prevent the Earth from looking a lot more like Venus."
We did. We couldn't slam on the brakes, but we actively monitored, limited, and even legislated pollution to control the Rate of Acceleration. In time, we will even be able to reverse it, carefully, and reset it back to where we started, but there's a massive hysteresis curve here, because we don't have a brake pedal here, hydraulically connected to rotors on the axles.
It takes time, but we have been actively doing it, for over a quarter century now.
The fact that we have avoided the worst case scenario is proof that we can affect the global mean temperature, because we demonstarted that capability, intentionally. The fact that we are, currently, actively fighting it, and getting ahead of it, is not "Proof" that it was all a hoax, and a waste of taxpayer money.
No matter what editorials in business magazines claim. If you take weather reports from MBAs, then do you also take medical advice from rocket scientists? Of course not, because that would be stupidly risky.
Listen to the meteorologists, and climatologists. They do this for a living. Stick to investing advice, and political commentary from things like the Wall Street Journal.