Calculating the True Cost Of Global Climate Change

I left the following comment at

Because of the subject matter, I think this person’s response may be interesting. Basically the other side of the equation, what it is going to cost us normal people to reduce CO2 emissions is entirely neglected.

I cant help thinking that all us normal taxpayers are being used as cannon fodder for these AGW theories.

How about we consider the costs of reducing emissions and then compare that with the projected costs of Global Warming and dont forget to add a factor on the likelihood of Global Warming actually being Anthropogenic;

I think that we are in the grip of the biggest and most insane hoax in history, and unless the public get wise to it soon, we will all be parted from what wealth we have.

Lets take a simple economic view of what is likely to happen.

In the absence of sufficient alternative solutions/technologies, the only way western countries can ever attain the IPCC demands of CO2 emissions reduced to 40% below 1990 levels, (thats about 60% below todays) is to machine restrictions on the use of fossil fuels. Emission Trading schemes are an example.

As the use of fossil fuels is roughly linear with anthropogenic CO2 emissions, to attain a 60% reduction of emissions , means about the same proportion of reduction of fossil fuel usage, including petrol, diesel, heating oil, not to mention coal and other types including propane etc.

No matter how a restriction on the use of these is implemented, even a 10% decrease will make the price of petrol go sky high. In otherwords, (and petrol is just one example) we can expect, if the IPCC has its way, a price rise on petrol of greater than 500%.
First of all, for all normal people, this will make the family car impossible to use. Worse than that though, the transport industry will also have to deal with this as well and they will need to pass the cost on to the consumer. Simple things like food will get prohibitively expensive. Manufacturers who need fossil energy to produce will either pass the cost on to the consumer or go out of business. If you live further than walking distance from work, you will be in trouble.
All this leads to an economic crash of terrible proportions as unemployment rises and poverty spreads.
I believe that this will be the effect of bowing to the IPCC and the AGW lobby. AND as AGW is a hoax it will be all in vain. The world will continue to do what it has always done while normal people starve and others at the top (including energy/oil companies and emission traders) will enjoy the high prices.

Neither this scenario nor any analysis of the cost of CO2 emission reductions is included in IPCC literature, and the Stern report which claims economic expansion is simply not obeying economic logic as it is known in todays academic world.

The fact that the emission reduction cost issue is not discussed, leads me to believe that there is a deliberate cover up of this issue. Fairly obviously the possibility of starvation will hardly appeal to the masses.

AGW is baloney anyway!




Tags: , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: