September 7, 2021

Biden’s climate policies cost more than they save

 Biden‘s climate policies cost more than they save. 

The proposed changes essentially eliminate very low cost power sources for very high cost power sources meaning they significantly reduce the GDP in early years and only slightly increase GDP in late years. 

Also, importantly, the changes make only a slight difference in what will be an increase in temperatures.

Some important changes would be to significantly increase R&D dollars and to fully back nuclear.


A great article  https://johnhcochrane.blogspot.com/2021/09/climate-economics.html



But climate financial regulation will not help the climate, will further politicize central banks, and will destroy their precious independence, while forcing financial companies to devise absurdly fictitious climate-risk assessments will ruin financial regulation.

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