The Post-Partisan Emporium

"The temperature targets in the Paris Agreement cannot be met without very rapid reduction of greenhouse gas emissions and removal of carbon dioxide from the atmosphere. The latter requires large, perhaps  prohibitively large subsidies. The central estimate of the costs of climate policy, unrealistically assuming least-cost implementation, is 3.8-5.6% of GDP in 2100. The central estimate of the benefits of climate policy, unrealistically assuming high no-policy emissions and constant vulnerability, is 2.8-3.2% of GDP. The uncertainty about the benefits is larger than the uncertainty about the costs. The Paris targets do not pass the cost-benefit test unless risk aversion is high and discount rate low." Does the result of this paper matters to the SRF & Billionaires and to the cultists of CO2 Doomsday? Of course it does... At best They can use it to increase even more the TAXES! In the meantime lets at least have a laugh. And the newest one...    Wait for the SPECIAL...

The ‘greatest crisis ever’ – Part One By John Hollaway  - July 27, 2021 The whole aim of practical politics is to keep the populace alarmed – and hence clamorous to be led to safety – by menacing it with an endless series of hobgoblins, all of them imaginary. H L Mencken (1880-1956) THERE is bad news: the British government  says it has  no plans to delay the huge UN annual climate change conference due to be held in Glasgow this November. And there is good news:  Greta Thunberg  (‘You stole my childhood . . . how dare you!’) has told the BBC it should be postponed and she does not plan to attend anyway. Wise move: at 18 she is probably past her sell-by date. Still, man is the worrying animal, and when he runs out of government-provided hobgoblins to worry about, the BBC can be counted upon to come up with new ones, such as  children losing sleep over climate change and the environment . This should tide us over until November, when the great...