Climate cure more costly than disease?

click for larger image

Henry Ergas joins the criticism of the alarmism and interestedness of the Garnaut Report recommendations.

"In short, this is a report that costs the problem, but says little or nothing about the costs of its proposed solution. As for its proposed solution, it does not even seek to systematically compare it with alternatives: rather, it acts as if the only options were complete inaction on the one hand, or its version of an ETS on the other. And for all of its 500-plus pages, it is at times uncomfortably thin on analysis, appealing to fears and hopes rather than likelihoods and realities."  extract from: The Australian newspaper

The image (click thumbnail) shows the summary table of costs from Chapter 9 of the Garnaut Report.

Posted on 07/14 at 09:46 AM.


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