American Thinker
"....We
conclude that the historic increase of CO2 in the past 200 years has
benefitted humanity and will continue to do so in future.
Outdated Climate Science
The
most fundamental problem with the TSDs is the absence of any empirical
evidence for significant climate effects of rising CO2 levels. [We note
in particular a lack of global warming over the past 17 years!] The
only 'evidence' comes from (so far) unvalidated climate models that
disagree even with each other, and from unsubstantiated claims of
anthropogenic global warming (AGW) in successive UN-IPCC
(Inter-governmental Panel on Climate Change) reports. [For details, see
reports of the more credible NIPCC (Non-governmental International
Panel on Climate Change) at www.NIPCCreport.org . A critique of the latest (2013) IPCC Summary can be accessed at http://heartland.org/sites/default/files/critique_of_ipcc_spm.pdf] ............"...................
Conclusion
The
use of fossil fuels, and the resultant rise in atmospheric CO2, yield
benefits that far outweigh any conceivable estimate of social cost;
hence using an SCC does not make economic sense. The OMB should
publicize this view and encourage reasoned debate. Beyond a possible
use in allowing rational regulation, establishing an SCC as a Carbon Tax
is likely unconstitutional.
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