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Aug 31, 2007

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Virgil

They still don't deal with the detailes mechanics of how carbon taxes will actually "fix" global warming. To me, this is just more evidence that the whole thing is just another means to promote higher taxes and more government control. Higher taxes will not stop me from driving my car. I will still pump the same amount of gas, drive the same distance to my office and put out the same amount of CO2 in the atmosphere. The only accomplishment will be that the government will get more of my money, which in turn will hurt my family.

Michael W. Kruse

Well, as you know from reading my blog, I'm skeptical about the level anthropogenic contribution to warming. Climatology is a fledgling science. Assuming that the policies actually reduce CO2, what if CO2 turns out not to be the issue? Then we have wasted billions and trillions of dollars fighting an illusion.

For hypothetical purposes, the report takes anthro. GW as a given and then evaluates economic consequences. I think the dynamics the report illustrates are more informative than specific dollar amounts. But with that said, I also have to admit that I’m skeptical of economists attempts to predict circumstances decades in the future.

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