The news is trickling in: it’s possible to fight global warming without wrecking the economy; the savings might even outweigh the expenses. A no-net-cost global warming fight is possible if we all get to work at it. There are costs, of course, but the evidence is growing that the benefits of decreasing global warming may outweigh them. It’s possible that the net costs may be zero to negative, making the global warming fight free or even a winner.
Here’s some of the evidence. The Global Commission on the Economy and Climate has just released a report (The New Climate Economy) giving the big picture. The Nobel Prize-winning economist Paul Krugman has written about that report and another from the International Monetary Fund with supporting material. A quick glance shows that the task of quickly reducing global warming is formidable — but doable. The doing part of it is what is crucial.
As I have written in the past, telework/telecommuting is one of the weapons to fight global warming. Continue reading A no-net-cost global warming fight?