- The science behind human-induced global warming is pretty well beyond dispute.
- The market economy can’t possibly take care of the problem.
- It wouldn’t be surprising if within 10 years we were in the business of helping developing countries building hundreds of nuclear power plants in order to avoid coal fired plants.
- The costs of mitigation are not great. Something like 3 or 4 percent of global GNP. And that is not much.
There is a new book out, The Strategist: The Life and Times of Thomas Schelling. Here is a post on Schelling by Tyler Cowen on Marginal Revolution.