Are Major Carbon Emission Cuts Worth The Cost?
Environmentalists and those who reject climate change are in disagreement about the value of major carbon emission cuts, Scientific American reports.
Bjorn Lomborg, economist and founder of Copenhagen Consensus; Peter Huber, a senior fellow at Manhattan Institute are among the experts who claim the cuts are not worth the costs they incur.
Carbon cutting efforts are too expensive for too little good, Lomborg noted. There are better ways to use those financial resources, he said.
Those who said climate change must tackled include Oliver Tickell, journalist and would-be politician, Adam Werbach, former Sierra Club president and environmental consultant, and L. Hunter Lovins of Natural Capitalism Solutions.
Tackling climate change is worth the cost because it will also address some of the world’s other problems, Werbach argued. Upgrading electrical grid technology could save U.S. consumers $20 billion, he said.
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