Quote:
The one thing I haven't figured out is how the cost of attempting to prevent global warming could cause a global depression. After all, that money won't just go away -- it's going to have to be spent researching, investing in, and manufacturing of new technology, and infrastructure, all of which should lead to more jobs, and a healthier economy -- making column A a win:win column.


I'm no expert on economics, but that money has to come from somewhere. Taxes. MUCH higher taxes.

And the problem with that, is the same as we have now, except greatly amplified: it only works if all countries participate. Without large economy naysayers like China, USA, and Russia on board, the countries that *do* participate will be at a severe economic disadvantage to those who don't raise taxation/participation levels.

In the end, everyone gets gradually fried.

Cheers