EnviroWave by Robert Green

Economic analysis by the Stern Review on the economics of climate change puts the financial or economic arguments in place to pressure world involvement to mitigate the risks and effects of Global Warming.

It's disappointing that GW is still regarded as a political issue, as evidenced by the case in front of the U.S. Supreme Court between the EPA and the Bush administration. The President continues to ignore the world's plea for Kyoto Protocol acceptance, claiming it is unfair towards other countries that have lower GHG emissions requirements. The U.S. Is responsible for 25% of the total annual emissions, but does not take part in mitigation exercises at the federal level. Even if not participating in the Kyoto Protocol, its not unreasonable to implement other policies via the EPA, to start working to stabilize and reduce GHG production.

I think current U.S. Policy is motivated by economic impact, but as the Stern report suggests the cost of mitigation now is minimal compared to the cost of correcting the largest economic failure of human experience.

A little investment now will be much less painful today, than a large investment tomorrow.

Robert