Monday, February 05, 2007
Now that a summary of the United Nation's most recent report from the Intergovernmental Panel on Climate Change (IPCC)has been released and long-time libertarian debunkers of global warming Ron Bailey of Reason and Patrick Michaels of Cato have confessed that they were wrong on the issue we have some sanity provided by the editors of the Wall Street Journal:
While everyone concedes that the Earth is about a degree Celsius warmer than it was a century ago, the debate continues over the cause and consequences. We don't deny that carbon emissions may play a role, but we don't believe that the case is sufficiently proven to justify a revolution in global energy use. The economic dislocations of such an abrupt policy change could be far more severe than warming itself, especially if it reduces the growth and innovation that would help the world cope with, say, rising sea levels. There are also other problems--AIDS, malaria and clean drinking water, for example--whose claims on scarce resources are at least as urgent as climate change.Let's not move so fast.