Amid a growing call for reducing atmospheric concentrations of CO2 to 350 parts per million, a group of economists maintains that striving to meet that target is a smart investment — and the best insurance policy humanity could buy.
In recent times, junk economics has replaced junk science as the cause of inaction on climate change issues. The case for inaction is no longer argued on the grounds of skepticism about the science; instead, some claim that it is too expensive to take more than token action on key initiatives. In response to this trend, more than 100 of the country’s leading economists have banded together to launch RealClimateEconomics.org, an effort dedicated to using the weight of economic evidence to support effective public policy and business responses to the climate crisis. RealClimateEconomics.org is inspired by the success of RealClimate.org, a longtime effort by climate scientists to dispel the junk science popularized by climate skeptics.
