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chapter 2
Wreck the Economy?
The Kyoto treaty would have wrecked our economy, if I can be blunt.
—President George W. Bush, 2005
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Importance: Wrecking the economy and reducing growth have been the main propaganda tools of the anti-environmental lobby.
Main Ideas:
• A strong climate change program will reduce GDP by roughly 2 percent.
• Ten or 50 years from now we will be ~2% poorer.
• Once GDP has fallen 2%, normal growth resumes.
• These result are confirmed repeatedly by DOE and all academic models.
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http://stoft.com/p/22.html | 03/11/10 10:29 GMT
Modified: Sun, 04 Jan 2009 23:07:05 GMT
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Amazon
China and India have nixed caps. Without these caps, Kyoto fails. What can be done?
Carbonomics explains "wrecking" the economy, "peak oil," caps, carbon taxes, and Kyoto.
About Carbonomics.
Get discount.
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