Saturday, October 31, 2009
Global Warming:Trick or Treat?
WSJ video via Market Watch.
Is the world warming?
Maybe. Maybe not.
Is the global climate changing because of man's activities?
Maybe. Maybe not.
Will limits on the use of fossil fuels slow, or even more likely reverse, economic growth?
Definitely---that's their whole object.
Do the projected gains from CO2 limitations outweigh the benefits?
No. And no.
Is a warming world the greatest threat to human well-being?
No.
So is the push for political action to limit Co2, which means reducing energy consumption, which means reducing wealth production and prosperity, a trick or a treat?
.
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1 comment:
The same people who denounce the Wall Street reliance on computer models and equations in regards to derivatives, have total faith in the use of computer models to predict climate change.
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