Samuelson: The Dilemma of Global Warming vs. Economic Growth - Newsweek Robert Samuelson - MSNBC.com:
The Worst of Both Worlds?
Scare stories about global warming may end up justifying policies that hurt the economy without much curbing of greenhouse gases.
"Let me throw some messy realities onto Stern's tidy picture. In the global-warming debate, there's a big gap between public rhetoric (which verges on hysteria) and public behavior (which indicates indifference). People say they're worried but don't act that way. Greenhouse emissions continue to rise despite many earnest pledges to control them. Just last week, the United Nations reported that of the 41 countries it monitors (not including most developing nations), 34 had increased greenhouse emissions from 2000 to 2004. These include most countries committed to reducing emissions under the Kyoto Protocol."