Greg Easterbrook makes an interesting point.....
In an Atlantic editorial (most of the text is behind a subscriber wall) on climate change Easterbrook points out that
- Many environmental threats have been met in the last 50 years, including stratospheric ozone destruction, urban smog, acid rain, and more
- In every case the government regulation was necessary, and
- In every case the cost was but a small fraction of what even the optimists had claimed
Here’s a different way of thinking about the greenhouse effect: that action to prevent runaway global warming may prove cheap, practical, effective, and totally consistent with economic growth.Discuss