13 October 2006

And Talking of Global Catastrophe...

The latest cheery reading from Friends of the Earth puts a price-tag of around £11 trillion (that's £11,000,000,000,000, in case you were wondering) on the economic damage caused by runaway climate change, by the year 2100. An estimate, and probably an under-estimate.

And yet, we hear, the cost of implementing the Kyoto Protocol is "too high" for the US economy:

For America, complying with those mandates would have a negative economic impact, with layoffs of workers and price increases for consumers.

Right, a "negative economic impact": what, like to the tune of a few trillion pounds? I don't think so....

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