Hey, brother, can you spare a dime?

From this article:

Murray pointed to “The Challenge of Global Warming: Economic Models and Environmental Policy,” a study done by Yale University economist William Nordhaus.

It estimated “how much global warming will cost the world if unchecked, assuming that the U.N. IPCC that he shared the prize with are completely correct in all their assumptions,” said Murray.

If the world’s temperature were to rise by three degrees, “that would cause $22 trillion in damages,” Murray said. “However, Gore’s policies will reduce that damage from warming to $10 trillion, but at a cost of $34 trillion.

“So Gore’s policies will cost the world $44 trillion, twice the cost of unchecked global warming,” he added. “If global warming is going to cause disruption and conflict, what will Gore’s policies do when they’re twice as damaging?”

Ouch. I have a hard time with my checkbook, not to mention Mother Earth’s.

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