Tuesday, July 29, 2008

CO2 Limits Most Harmful to Low-Income Minorities

Climate Skeptic: CO2 Limits Most Harmful to Low-Income Minorities
...Hmm, no mention of reductions in cold-related deaths, which typically are larger in a given year than heat-related deaths. But a more serious issue is the CO2-abatement measures this advocacy group supports. These abatement efforts could easily increase gas prices by as much as $20 a gallon, along with similar increases in electricity and natural gas prices. In addition, strong CO2 abatement programs are likely to knock a percent or two off economic growth rates and, if ethanol is still a preferred tactic, will likely substantially raise food prices as well. I am no expert, but I would say that rising gas, electricity, and food prices and falling economic growth are all likely to hit low-income minorities pretty hard.

CO2 abatement is a wealthy persons cause. The poor of America and the world at large will be demonstrably worse off in a world that is cooler but poorer.

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