The Sanders-Boxer carbon tax will be 15 times costlier than letting warming happen

Watts Up With That?

Inter-temporal investment appraisal of the Sanders/Boxer carbon tax bill

by Christopher Monckton of Brenchley

Standard climatological and economic techniques, combined in an investment appraisal of the proposed Sanders/Boxer carbon dioxide tax (U.S. Senate, 2013), show that even at a zero inter-temporal discount rate the cost of the Bill’s proposed CO2 mitigation if applied worldwide over ten years is 15 times greater than the benefit in the cost of warming-related damage avoided by the intended cut in CO2 emissions, which is here assumed to be – but is in reality unlikely to be – achievable at the stated cost.

View original post 1,088 more words

Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com 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