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Tackling Global Warming Cheaper Than Ignoring It

Coryoth writes, "In a report commissioned by the UK government, respected economist Sir Nicholas Stern concludes that mitigating global warming could cost around 1% of global GDP if spent immediately, but ignoring the problem could cost between 5% and 20% of global GDP. The 700-page study represents the first major report on climate change from an economist rather than a scientist. The report calls for the introduction of green taxes and carbon trading schemes as soon as possible, and calls on the international community to sign a new pact on greenhouse emissions by next year rather than in 2010/11. At the very least the UK government is taking the report seriously; both major parties are proposing new green taxes. Stern points out, however, that any action will only be effective if truly global."

4 of 586 comments (clear)

  1. The American Way by Salvance · · Score: 5, Informative

    Ignoring problems is the new American Way. We're doing the same thing with budget deficits, social security, medicare, and solving the root cause of global terrorism. Since a politician's time in office is typcially short (2-8 years), it's always far less costly during their tenure (politically and economically) to push off problems than to tackle the issue and risk losing voter support.

    Unfortunately, global warming is a problem who's impact is even less tangible to Americans than problems like future social security shortfalls. As such, I doubt the government will support action until we're in the midst of cataclysmic environmental impact at a nationwide level.

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    1. Re:The American Way by cperciva · · Score: 5, Insightful

      Ignoring problems is the new American Way. We're doing the same thing with [...] solving the root cause of global terrorism.

      Nonsense. George Bush was very clear after 9/11 in saying that "terrorists hate the USA because it is a land of freedom".

      Assuming that George Bush was correct in this assessment, he has done far more to combat terrorism than any other US President in recent history.

  2. Re:Taxes: is there anything they can't do? by argoff · · Score: 5, Funny

    What the hell's wrong with you, the government needs those taxes to be proactive about things.

    if not for taxes to pay for public education, our kids would be the dubmest in the free world, wiat..... never mind .... well anyhow
    if not for taxes, our social security and medicare programs would be bankrupt. wait ..... never mind ..... ok lets try .....
    if not for taxes to fight the war on drugs, we would have drug problems in every inner city, uh ..... scrap that one....
    if not for taxes, the government would need to go into debt, .... oops, hold on here I'm working on it .....
    if not for taxes our medical and college education costs would be out of reach, ..... shit, scratch that ....
    if not for taxes to pay for war, we'd be loosing the war on terror, .....@#@#$#$%%%^

    Well, FU! you're just not trying hard enough to see how valuable all these taxs are for everyone. We NEED the government to be "proactive"

  3. Osama said it best... by ClamIAm · · Score: 5, Interesting

    "I tell you, freedom and human rights in America are doomed," bin Laden said as the U.S. war on terrorism raged in Afghanistan. "The U.S. government will lead the American people in -- and the West in general -- into an unbearable hell and a choking life." linky

    Of course, we should keep in mind that Bush is simply the symbol of this decay. The Administration as a whole is what scares the hell out of me. Add to this the people in Congress who support these shenanigans. And places like the UK have some nasty new laws as well.