Effort to slow global warming carries high price, critics say

From this article:

...representatives of Maryland's only steel mill, the Domino Sugar factory in Baltimore and a paper mill in Western Maryland warned of closings or dire financial losses if the state passes a law with some of the nation's toughest limits on carbon dioxide.

"That plant is not going to survive," said Gene Burner, lobbyist for the ArcelorMittal steel plant at Sparrows Point, which employs 2,500 workers. "In order to make steel, you have to produce carbon dioxide. ... The only way to limit carbon dioxide is not to make it."
...
The supporters argue that state limits are necessary to spur federal action and will help to prevent deadly floods and economic chaos brought by climate change.

Yes, by all means let's mandate economic chaos right now, in an attempt to reduce an unmeasurably small amount of future warming. Furthermore, let's decide to do this just as global temperatures are inexplicably(?) plunging.