Tuesday, August 14, 2007

Global Warming Costs

Ron Bailey at Reason has a nice, short article on the costs of global warming and the costs of global warming solutions. Bailey quotes extensively from Yale Economist William Nordhaus's just released economic analysis of global warming.

I'm obviously not an economist, and I'm always at a bit of a loss to understand how economists come up with all these technical projections, but it's still nice to just see some numbers. And agree with them or disagree with them, these are the sorts of considerations that need to be made. If you're not calculating costs, you're not a credible voice when it comes to climate change solutions.

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