Fundamentally flawed analysis...will_sampleApril 19 2008, 16:19:14 UTC
...as he doesn't reveal confidence levels involved in the negative outcomes. He discusses risk management without bothering to embrace its most basic principles.
Big action is *certain* economic devastation, paired with a benefit of dubious size-- presuming the Kyoto accord were implemented in full, the initial costs for US businesses (well before factoring in the further costs to consumers) is approaching $1 Trillion USD, for a benefit that Kyoto's own strongest backers say migtht, at best, shave .05 to .10 C off of Global Warming. If the worst projections of the Falling Sky movement are correct, that's a negligible difference at best- and there is no way possible to know what the natural climate will do without man's interaction; it could get warmer faster or plunge into an Ice Age He mentioned prudence, yet he failed to apply it in his own discussion; if I tell you there's a 1% chance you will have an automobile accident tomorrow, and offer you an insurance rate at ten times your normal cost, it may *seem* prudent to take
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Big action is *certain* economic devastation, paired with a benefit of dubious size-- presuming the Kyoto accord were implemented in full, the initial costs for US businesses (well before factoring in the further costs to consumers) is approaching $1 Trillion USD, for a benefit that Kyoto's own strongest backers say migtht, at best, shave .05 to .10 C off of Global Warming. If the worst projections of the Falling Sky movement are correct, that's a negligible difference at best- and there is no way possible to know what the natural climate will do without man's interaction; it could get warmer faster or plunge into an Ice Age He mentioned prudence, yet he failed to apply it in his own discussion; if I tell you there's a 1% chance you will have an automobile accident tomorrow, and offer you an insurance rate at ten times your normal cost, it may *seem* prudent to take ( ... )
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