A Man with a Flashlight

An ominous sign
April 7, 2007, 5:00 pm
Filed under: The Earth

Is America getting worse, not better, at solving climate problems? This global warming article in the Christian Science Monitor suggests it may be. To wit:

Economists say that decarbonizing the economy will cost around 2 percent of the gross domestic product…

…The Clean Air and Clean Water Acts of the 1960s and 1970s, which cost more than the estimates for curbing emissions today, are seen in retrospect as absolutely the right thing to have done. That such costs are now viewed as untenable speaks to the shortcomings of the cost-benefit approach that has driven environmental policy for the past 25 years, says Frank Ackerman, director of research and policy program at the Global Development and Environment Institute at Tufts University in Medford, Mass.

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