Sen. John Kerry (D-MA) is heading to Poznan, Poland, next week to take part in the U.N. climate talks being held there. Kerry will serve as one of several congressional emissaries who have been charged with reporting back to President-elect Barack Obama. But just as Kerry tells Grist magazine that he hopes the talks will lay tracks for the much heralded Conference of the Parties in Copenhagen next December (where the successor to Kyoto is expected to be hammered out), the wheels appear to be coming off of the European …
Here’s a quiz to see if you qualify to be a catastrophe-spotting climate economist: Part I: The cheapest way for John Doe to get to work is to take the Metro. The commute costs him $6 per day. He works 20 days per month. John would be richer by $120 each month if he stopped going to work. True or False? Part II: John Doe can buy a bond for $5,600 today that will pay interest of $130 per year for ever. However, the $130 interest payments don’t start for …
Tomorrow British academic Nicholas Stern will testify before the House Energy and Commerce Committee on “Climate Change: Costs of Inaction.” Stern is the author of the highly alarmist Stern Review that urged Britain to sharply curtail their carbon emissions today to avoid possible damage to their economy in the future. When the British government failed to adopt his policy recommendations, Stern left the British government and he is now free to peddle his global warming horror show world wide. The Competitive Enterprise Institute’s Chris Horner has some must read posts …
