The Cato Institute and Global Warming...
The Cato Institute - a terrific libertarian think tank - has just published a great report on what do about climate change...
Halting climate change would reduce cumulative mortality from various climate-sensitive threats, namely, hunger, malaria, and coastal flooding, by 4–10 percent in 2085, while increasing populations at risk from water stress and possibly worsening matters for biodiversity. But according to cost information from the UN Millennium Program and the IPCC, measures focused specifically on reducing vulnerability to these threats would reduce cumulative mortality from these risks by 50–75 percent at a fraction of the cost of reducing greenhouse gases (GHGs). Simultaneously, such measures would reduce major hurdles to the developing world's sustainable economic development, the lack of which is why it is most vulnerable to climate change.
The world can best combat climate change and advance well-being, particularly of the world's most vulnerable populations, by reducing present-day vulnerabilities to climate-sensitive problems that could be exacerbated by climate change rather than through overly aggressive GHG reductions.
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