Sunday, December 13, 2009

Zakaria GPS discusses concept of global warming "insurance"

Today, as Copenhagen winds down, Fareed Zakaria GPS hosted a debate between Bjorn Lomborg and Paul Krugman.

The overall idea was that we need a small “insurance premium” to invest in at least making sure that a catastrophic warming (10 degrees Fahrenheit in the next ten years) is not possible. Presumably that in some way invokes some kind of tax on every American for the carbon they emit. There is still the idea that green, not-outsourcable jobs will be created.

Al Gore has recently warned “nature does not give bailouts.”

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