Today: 16.Oct.2017
Climate change isn't the end of the world (David Henderson, John Cochrand, Wall Street Journal) USofA
12.Aug.2017
Rate this item
(0 votes)

David Henderson, John Cochrane, Wall Street Journal: Climate change is often misunderstood as a package deal: If global warming is “real,” both sides of the debate seem to assume, the climate lobby’s policy agenda follows inexorably. It does not. Climate policy advocates need to do a much better job of quantitatively analyzing economic costs and the actual, rather than symbolic, benefits of their policies. Skeptics would also do well to focus more attention on economic and policy analysis. To arrive at a wise policy response, we first need to consider how much economic damage climate change will do. Current models struggle to come up with economic costs consummate with apocalyptic political rhetoric. Typical costs are well below 10% of gross domestic product in the year 2100 and beyond.

Read 91 times Last modified on Tuesday, 03 October 2017 22:01

Newsletter Subscription

  • Latest
  • Popular
  • Clinton Crackel, Co-founder and Co-chairman Nuclear Fuels…
  • Clinton Crackel, Co-founder and Co-chairman Nuclear Fuels…
  • Walter Horsting, Principal Business Development International: The…
  • Paul Driessen, senior policy analyst for the…
  • Edward Calabrese, Professor of Toxicology at the…
  • Paul Driessen, senior policy analyst for the…
  • Walter Horsting, Principal Business Development International: The…
  • Clinton Crackel, Co-founder and Co-chairman Nuclear Fuels…