Though it seesm i have to read it, as i do not believe these numbers at all. Does it take into account the investments that have to be made to get the country complying, the jobs these investments create, the technological advancements that have to be made (which need investment, but lead to new industries etc)?
No doubt it will create new jobs, but at the rate of those found unemployed? Probably not. Always, what type of entry levels are available for entry level jobs in alternative energies? What degrees are required? What training? As for the numbers, those were taken from National Geographic (feel free to stop in some time). Though Energy Information Administration, predicts that if the United States is required to achieve stabilization at the 1990-7% levels without Annex I trading and no credit for sinks and offsets, the estimates of carbon prices required in 2010 range from a low of $221 per metric ton to $348 per metric ton, with the vast majority in the $265 to $295 per metric ton range. Actual GDP losses are projected to range from $102 to $437 billion dollars in 2010 (1996 dollars - inflation). With Annex I trading and credits for sinks and offsets from other gases, the carbon price ranges between $100 per metric ton to $175 per metric ton and the loss of actual GDP ranges between $56 and $207 billion dollars in 2010. Estimates of internationally purchased carbon credits by the U.S. range from 147 to 288 million metric tons.
EIA projects the loss in actual GDP in 2010 to range between $61 billion and $183 billion if revenues are recycled via a reduction in social security taxes, and between $96 billion and $397 billion if they are recycled via a reduction in personal income taxes (1992 dollars - inflation). Again, the economy grows even during the period of adjustment but does not reach the levels of growth in potential GDP.
The total cost to the economy can be estimated as the loss in actual GDP (the loss in potential GDP plus the macroeconomic adjustment cost) plus the purchase of international permits. It is assumed that the U.S. will purchase international permits at the marginal abatement cost in the U.S., i.e., the domestic carbon price. Total costs range from an average annual level for the period 2008 to 2012 of $77 billion to $338 billion 1992 dollars depending on the carbon reduction case and how funds are recycled back to the economy. Again, assuming if the economy continues to grow, but does not reach potential peak. For additional information, try refering to this graph http://www.eia.doe.gov/oiaf/kyoto/refcases.html
Well, if one of those was done…… but before nothing is done, i prefer money spent on Kyoto …
Not my cup of tea. I rather give people access to clean water and sanitation than simply cleaning up the air environment. At least there’s a better chance the “have nots” will live - even at the price of the “haves.”
Unfortunately, what you state is only a possibility. It would be nicer if one would necessarily lead to the otehr, e.g. once you have enough to eat, you necessarily start to worry about the environment. Sadly, that’s not the case.
Tell me, do you have enough to eat? Do you worry about the environment? If it is not the case then, not enough to eat = more care for the environment? This isn’t just about having enough to eat. It’s about providing people with better opportunities when they wouldn’t have it themselves. Certainly I would be more to inclined to help someone else if I didn’t have to worry about myself. If I die early - why should I care what happens to the environment or not? Of course, I’m a pagan Ecological Axis of Evil so I can’t have feelings about nature and the environment.
just downloaded the budget of the Federal Republic of Germany…… …damn… and i will work through it when you do the same for the US … way too much work to get through those statistics
But – but, we’re the Ecological Axis of Evil! You owe it to us to show us “The Way” and make everything perfect.
2.3 % of the electrical power was wind produced in 2001.
So germany produces more than 5 times more wind energy than the US.
Only 2.3%? What about the remaining 97.7%? Only 5 times more wind energy than the US? Come on, you can do better than this. Afterall, we’re the Ecological Axis of Evil!