In honor of something or other having to do with climate blogging on October 16, Eli is pleased to reprise J. Willard Rabett's laws to guide climate change policy makers
1. Adaptation responds to current losses.
2. Mitigation responds to future losses
3. Adaptation plus future costs is more expensive than mitigation,
4. Adaptation without mitigation drives procrastination penalties to infinity.
With regard to efficient, elegant and economical climate change policies, the Bunny recommends picking one.
Friday, October 16, 2009