Monday, March 31, 2008

Green, really, is good

For those living under a rock, there's been an on-going debate in the U.S as to whether reducing CO2 emissions will negatively impact business and economic growth. To simplify things, let's call the people who oppose reduced emissions and stricter compliances "Morons" and the other side, who advocates lower emissions as "People who have a pulse".

Morons oppose governmental measures to curtail global warming, theorizing that doing so would require costly mandates to local and regional businesses. They maintain that the cost incurred to ensure compliance would hamper economic growth in the long run- that businesses would just pass those costs on to customers which would lead to inflation, which would then cause a rift in the time-space continuum and herald in the Anti-Christ .

People who have a pulse figured otherwise. To prove their point, they aggregated all the economic theories forecasting the effects of emission reduction on the economy- and presented it in one coherent model.

The result: Even by WORST CASE scenarios, the economy (of the U.S) still keeps growing at a healthy rate.


See for yourself: http://www.climate.yale.edu/seeforyourself/

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