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Friday, April 27, 2012

Bureaucrats with absolutely no sense weigh in: Slightly nicer weather would allegedly cost Canada as much as $43 billion per year by 2050

Climate advisers use dying days to tell firms, government to pull up their socks

Previous analysis done by the round table shows that climate change will drain $5 billion a year from the Canadian economy by 2020. The costs will climb steeply after that, chopping Canadian economy activity by between $21 billion and $43 billion a year by 2050, depending on how much action is taken to reduce greenhouse gases by then.

1 comment:

  1. The only conceivable reason for these costs would be if we were, in a prolonged fit of madness, to give these vast sums to third world countries. Otherwise, alleged global warming would be almost universally beneficial to Canada.

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