Archive for August 18th, 2008
The Carbon Cutting Quandry
Monday, August 18th, 2008Jim Manzi at Cato makes some great insights into the global warming debate in this post (HT econlog). I particularly enjoyed his criticism on using a zero-discount rate to calculate the present value of the costs of global warming. He notes that 50% of the world’s 2008 GDP is equal to .1% of […]