Jon Senior said:Tumbleweed [email hidden] opined the following...
Quoted message said:What about the downside of significantly reducing C02 emissions (hint, Kyoto
isnt even close)?Would cause a massive economic upheaval which would impact
many people negaively. Why not apply the precautionary principle to that?
Because economics is an intangible abstract thing that we can survive
easily without, where as a stable environment to which we are suited is
not.
Economics may be abstract, but the market is all too real. See the Great
Depression, for example. Nothing fundamental about the world had really
changed, but that didn't stop people starving, and it took a scatter-gun
policy of massive government spending and a World War to drag the world
economy out of the slump. Given a big enough drag on the economy, we
could see it again.
Now, the environment is important, of course. We need to sort it out. We
don't need to do it, however, at the expense of another
depression (Or, indeed, at the expense of a command economy. urc would
get a little boring as we all discussed the two available government
issue bikes)
--
Keith Willoughby
Welcome to the police state - http://tinyurl.com/3cptb