Based on your chosen time frame. Other could and have chosen time frames that indicate the opposition conclusion. In other words, we don't know... For someone who claims to be a skeptic, you seem suspiciously willing to categorically deny (woops!) the possibility that fossilized carbon emissions might be having an impact on climate.
What time frames are you speaking of? I've pointed out to you that while CO2 has increased over the past decade, the averaged global atmospheric temperature has dropped.
Do you have any feelings on the increasing acidity of the world's oceans? Or, is the fact that the world's oceans have been more acidic in the past enough to calm any concern you might have over that as well?
There are facts. Oceans have been more acidic in the past. The ocean system is, in fact, very resilient to large and abrupt pH changes, which is just the opposite of what alarmists characteristically
predict about CO2-induced "ocean acidification." Remember that most of the volcanoes on this planet are on the ocean floors, and that the oceans are the largest reservoir of carbon dioxide. Undersea volcanoes and volcanic vents pump out huge amounts of CO2, yet plant and marine life can be found thriving right around these openings.
I didn't say the effect of the tax would be small on shifts in consumption and savings. Income taxes shift savings to consumption, and consumption taxes shift consumption to savings. Please consult your macroeconomics text. Given our catastrophically low savings rate, I believe it would be good for the economy to encourage savings. All taxes distort incentives to some extent. Do you agree with that or not?
You should consult reality. Can you state with rule-like certainty that all extra income derived from income tax reductions went to consumption? Are you absolutely certain that consumption taxes result in increases in savings? Have personal savings increased or decreased in this country since the introduction of the GST? What you are doing is presenting a simplistic view of the economy, and the spending habits of people.
Like I said, no room for moderation with you.
You just don't want to see the point.
I gave no indication that I thought carbon dioxide would destroy the environment. I do believe there exists the distinct and non-negligible possibility that the rise in CO2 concentration in the atmosphere has the potential to have all kinds of negative effects on the climate, resulting in a great deal of human misery. I'm not completely convinced that humans do cause global warming/climate change, but unlike you, I do not dismiss any possibility that they do. Even if it is fairly unlikely, avoiding the monumental costs in terms of human lives and capital that could result is worth some reasonable investment. Call it insurance.
Yeah, well, what if all this effort into reducing carbon dioxide is carried out at the cost of trillions of dollars, and the planet still warmed? Then again, what if the planet cooled off all by itself in an era when we were making energy
more expensive?
There is no means of prediction to tell us what things will be like in fifty years - much less one hundred years. What is known is that the glaciers, such as those of the Alps, were formed
after the end of the last Glacial period. Those ice formations have also been been considerably smaller in the past - indicating periods of warmth much more significant than today. And people
thrived during those times. The Roman Empire expanded during a warm period about two-thousand years ago, as did Europe during the Medieval Warm period a little over a thousand years ago. It would not take too much cooling to lower the agricultural yields in Canada. We've done well during our warm spell, but it won't last forever.
You speak of
possible monumental costs in terms of human life and capital based on a
belief that increasing levels of carbon dioxide (0.038% of the atmosphere presently) will possibly cause some unmentioned calamity. But what about that massive expenditures to reduce carbon dioxide? Where is all that money to come from in order to reduce emissions by 80% in fifty years? Where will all that capital be diverted
from?
You say that you are not completely convinced that humans do cause global warming/climate change, but you do not dismiss that possibility - even if it is fairly unlikely. But you want to buy insurance. As I have pointed out time and time again, climate changes quite naturally, and with no help from us. It has done so quite consistently and considerably over time. If you really want to read up about an era of very negative changes in climate, look to when it got
colder. The Little Ice Age brought less sunshine, colder weather, crop failure, starvation and populations declines. To this day, the cold kills far more people than the heat. Can your insurance to stave off warmth protect you if the climate ends up cooling?
As for carbon dioxide and the heating of the atmosphere, its effect is logarithmic. The first 20 parts per million of atmospheric carbon dioxide do most of the infrared absorption. Doubling the concentration to 40 parts per million increases the heating effect by only 20% more. Doubling it yet again to 80 parts per million increases the heating effect by only 7%. The heating effect further diminishes as the quantity increases. The rise in carbon dioxide from 280 parts per million to 380 parts per million over the last 100 years brings virtually no discernible effect.
Beyond that, there is good evidence to show that atmospheric levels of carbon dioxide have fluctuated naturally (
without human cause) over the last five hundred years. Moreover, the sun has been quite active over the last century. A more active sun means more warmth and warmer oceans, and warm ocean water does not absorb carbon dioxide as readily as cooler water. The oceans are the largest source and the largest sink of carbon dioxide. These things are rarely ever mentioned in the politics of AGW/climate change - because it is politics at work.
It's quite doubtful that any
insurance policy will bring change to all of that.