01 Jun 2009

The Costs of Carbon Legislation

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This is the first of a two-part series on Krugman’s recent climate crusading in the NYT. An excerpt:

[T]he real threat to humanity comes from governments growing ever more powerful in the name of fighting climate change. Paul Krugman’s recent attempts to justify these bold new measures ignore the IPCC itself, and even its “consensus” figures are based on wishful assumptions about the behavior of governments in the real world.

Whether you are a “denier” or whether you think carbon dioxide emissions need to be sharply reduced very quickly, you should be extremely skeptical of the process now unfolding in Washington. This isn’t about saving the planet; it’s about money and power.

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