Monday, May 07, 2007

Irony on Climate Change

I came across a news article in the journal Nature discussing a new report by the IPCC. The study concludes that stabilizing CO2 concentrations at ~ 500 ppm would cost 0.12% global GDP per year over the next 30 years. By most accounts, this is good news. What caught my eye was the response from "James Connaughton, chair of the White House Council on Environmental Quality," who said, "But no world leader will pursue a strategy that would lead to economic recession." Really? What about the Iraq War, which costs the US about $250 billion per year (~ 1.89% of GDP), most of which is above and beyond the $500+ billion defense budget? By the administration's own acccount, the US has not entered a recession as a result of the war, although that money could be better spent. Of course there might be recessionary impacts of the War, but presumably the administration believes they are worth it to achieve desired foreign policy objectives. Therefore it cannot reject on principle that it opposes policies simply because they may be recessionary, but must argue that gains from policy would be less than their cost. Of course, this would be difficult to maintain in light of the growing realization that the costs of reducing carbon emissions fall well below the theoretical benefits.

36 comments:

失望 said...

cool blog..................................................

餐廳 said...

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美麗 said...

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婉亞 said...

haha~ funny! thank you for your share~ ........................................

彭志文 said...

What is sauce for the goose is sauce for the gander.......................................................

GarthThur2218554 said...

永遠不要躊躇伸出你的手。也永遠不要躊躇接受別人伸出的手。..................................................

志源 said...

Actions speak louder than words. ........................................

俊冠樺宇 said...

很棒的分享~留言支持! ........................................

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皇雅婷豪 said...

這一生中有多少人擦肩而過?而朋友是多麼可貴啊! ............................................................

凱文 said...

「不可能」這個字詞,在聰明人的字典中是找不到的。 ..................................................

LatoshaDelapena0209嘉瑜 said...

If the quantity is not a lot, I will hand carry..................................................

洪筱婷 said...

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江婷 said...

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嘉惠 said...

與人相處不妨多用眼睛說話,多用嘴巴思考.................................................................

堅強堅強 said...

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芸茂芸茂 said...

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貞合 said...

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JasonBirk佳琪 said...

教育無他,愛與榜樣而已............................................................

許紀廷 said...

卡爾.桑得柏:「除非先有夢,否則一切皆不成。」共勉!..................................................................

江桂宸江桂宸 said...

開心不開心都是一天,祝您能夠笑著面對一切!............................................................

陳佑發 said...

生存乃是不斷地在內心與靈魂交戰;寫作是坐著審判自己。. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

楊儀卉 said...

No pains, no gains..................................................................

正玲宇軒 said...

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蔡舜娟蔡舜娟 said...

加油!!! 很棒的分享~..................................................

林聖瑤 said...

初次造訪,感謝你的分享............................................................

建李李彰 said...

世界上沒有本來就應該的事,因為老天爺也沒有劇本..................................................

群育航學 said...

April showers bring May flowers.............................................................

文王廷 said...

活是一種鍛鍊靈魂的東西..................................................................

基韬 said...

成功可招引朋友,挫敗可考驗朋友......................................................................

于庭吳 said...

人生的價值以及他的快樂,都在於他有能力看重自己的生存................................................

峻胡邦慧v帆 said...

安...辛苦了!你的文章讓我特別放鬆..................................................................

阿袁袁袁袁華 said...

所有的資產,在不被諒解時,都成了負債..................................................................