Underestimating the Costs
No, today's post is not on health care, but CO2 abatement. Marlo Lewis looks at a new Harvard study, and concludes what I have been saying for years -- gas prices are going to have to be forced to $10 or more in this country before we even start making a dent in the Administrations or UN's CO2 abatement targets. I obviously don't think it is justified based on my views on the climate sensitivity to CO2, but even if it were, let's not pretend it is somehow free.