Quote:
The one thing I haven't figured out is how the cost of attempting to prevent global warming could cause a global depression.


O-kaaayyy... Let's start by assuming that the only way to ameliorate the global warming problem will be a drastic reduction in the consumption of fossil fuels. That means you get to drive your car 15 miles per week. That means that the availability and cost of manufactured goods goes up enormously due to chaos in the transportation industry. That means that the world's largest industry (no, not automobile manufacturing, which will also be destroyed, but, believe it or not, tourism) will go away. That means a tremendous change in the entire social fabric (in the USA at least and in many of the so-called developed countries) as even getting to work on a daily basis will become problematical if not impossible.

The above effects are just the tip of the iceberg, so to speak, and would certainly be the harbingers of a global depression.

Just call me Mr. Gloom & Doom, but I honestly believe that we are already past the tipping point.

tanstaafl.
_________________________
"There Ain't No Such Thing As A Free Lunch"