Yep, that's how it works. Of course, people can quibble about what the null hypothesis might be in a particular case. Relevant to the topic at hand is to consider that there was a time (quite recently, in fact) when nobody considered greenhouse gas emissions from human activities to affect the climate (i.e. this was once a norm). Then, one day (again, quite recently), some folks came along and suggested it. Interestingly, it was suggested early on by a climate scientist as a beneficial mechanism to mitigate global cooling believed to be taking place at the time (during the late 1960's I believe). AGW has since been widely accepted based on the knowledge of our greenhouse gas emissions and our understanding of the greenhouse effect. So, one might consider AGW as a new norm.
Now, it was somewhat later (during the late 1980's I believe) when some started to express concern that the effects of AGW on climate might prove disastrous. This has not yet been demonstrated to be the case. In other words, the "norm" in this case is only that AGW exists - we do not yet understand its effects, and certainly do not know it will have disastrous consequences. I mentioned in another post that a major problem, if not THE major problem with the AGW debate, is that several considerations are unjustly conflated. The perceived danger from AGW is generally introduced into the debate surreptitiously with the underlying AGW concept itself (sort of like a Trojan horse). For example, PRB has been doing this throughout his discussions of the matter. It's an oblique (read: deceptive) but effective rhetorical strategy, and especially for those who already perceive a danger from industry, "capitalism", or "globalism" for other reasons. Hence the association of Marxists, so-called "liberals", and permaculturists with the AGW concept. The strategy often works simply because so many assume that if human activities are affecting the climate, then it can only be in a bad way - somehow. Another interesting possibility is that many of the proposed interventions for AGW could be considered as beneficial, such as economic "stimulus" by those influenced by the Keynesian economics perspectives. The proposed interventions might also be considered to be beneficial for political reasons, such as a means to "redistribute" wealth, or as a means for beneficent politicians to control "big oil", coal, and other "evil" multi-national corporations. In other words, I believe those who believe AGW will cause disruptive and disastrous climate events are doing so for reasons other than the preponderance of the evidence for that that conclusion. Rather, I believe they are doing so for other reasons. I take the view quite simply because the evidence is simply not there. Defending the claim represents a rationalization. It does not represent sound reasoning.