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This diagram shows how the greenhouse effect w...Sometimes I agree with him. Sometimes, passionately, I don’t. But after reading Paul Krugman’s “Building a Green Economy” in the Sunday New York Times magazine, mostly I just wanted to hug him.

Klugman begins in a matter of fact way by observing that in the debate over climate economics, the “casual reader might have the impression that there are real doubts about whether emissions can be reduced without inflicting severe damage on the economy.” He then goes on to explain in significant detail why among environmental economists there is widespread agreement this is not so, regardless of country of origin or political persuasion.

After detailing the emissions problem, Krugman moves on to a dispassionate and detailed explanation of the costs of correcting the effects of climate change. His conclusion: “We know how to limit greenhouse gas emissions. We have a good sense of the costs — and they’re manageable. All we need now is the political will.”

To read the full, original article click on this link: A Must-Read: Krugman’s Building a Green Economy

Author: Pat Heffernan