Sunday, May 17, 2009

Anti-green economics


Clearly, opposition to doing something about climate change has fallen back to a new position: claims that attempting to limit greenhouse gas emissions would be incredibly costly. Yet the most careful studies, like the big MIT study of Congressional proposals, find only modest costs. Pay no attention, say the critics.

Via Pete Davis, I found Robert Samuelson’s latest, which Davis thinks was wonderful; all I can say is, huh?

Here’s the key graf in which Samuelson tries to deny the results of the studies:

See full Article.