Great article. It was particularly interesting to see how “failure becomes virtuous”, for those who produce little or nothing, and attack the rich for being productive. Like those who attack Amazon for, I don’t know, making so many people’s lives better?
Great perspective on the overall issue of costs vs benefits of emissions reduction! I agree that for the whole of society the benefits of fossil fuels vastly outweigh the costs. That said the cost of carbon (COC) concept (assuming it's positive) has value in my opinion. If person A uses fossil-fuels prodigiously I have no doubt that the benefits realized by A vastly exceed the "costs". Those "costs" however are born by person B and everyone else who did not benefit from A's activities. Let’s assume B is extremely frugal in his use of fossil fuels. The question as to whether B deserves some compensation for the costs borne by A's activities is a legitimate one. For the record my view is that the climatic "cost" of generating CO2 approaches zero and does not warrant concern but clearly others strongly disagree. If those who disagree believe my gas guzzling SUV is harming them then a discussion as to how much harm I'm inflicting and what I should do about it needs to occur and must be a COC discussion.
Great article. It was particularly interesting to see how “failure becomes virtuous”, for those who produce little or nothing, and attack the rich for being productive. Like those who attack Amazon for, I don’t know, making so many people’s lives better?
Great perspective on the overall issue of costs vs benefits of emissions reduction! I agree that for the whole of society the benefits of fossil fuels vastly outweigh the costs. That said the cost of carbon (COC) concept (assuming it's positive) has value in my opinion. If person A uses fossil-fuels prodigiously I have no doubt that the benefits realized by A vastly exceed the "costs". Those "costs" however are born by person B and everyone else who did not benefit from A's activities. Let’s assume B is extremely frugal in his use of fossil fuels. The question as to whether B deserves some compensation for the costs borne by A's activities is a legitimate one. For the record my view is that the climatic "cost" of generating CO2 approaches zero and does not warrant concern but clearly others strongly disagree. If those who disagree believe my gas guzzling SUV is harming them then a discussion as to how much harm I'm inflicting and what I should do about it needs to occur and must be a COC discussion.
Please continue your excellent work. Thank you for sharing the enormous value fossil fuels have provided.