Greenhouse Guessing
By Robert J. Samuelson (THE WASHINGTON POST, 10/11/06):
It seems impossible to have an honest conversation about global warming. I say this after diligently perusing the British government's huge report released last week by Sir Nicholas Stern, former chief economist of the World Bank and now a high-ranking civil servant. The report is a masterpiece of misleading public relations.
It foresees dire consequences if global warming isn't curbed: a worldwide depression (with a drop in output of as much as 20 percent) and flooding of many coastal cities. Meanwhile, the costs of minimizing these awful outcomes are small: only 1 percent of world economic output in 2050.… Seguir leyendo »