Wednesday, March 07, 2007


The typical argument against any kind of environmental quality policy or legislation is that it's bad for business and will hurt the economy. Here's an excerpt from a letter to the editor published in Business Week's March 12 issue that addresses and answers that argument:

If the scientific concensus on the human impact on global warming is totally wrong and we spend billions of dollars reducing carbon dioxide emissions needlessly, the effect will probably be a modest slowdown in global economic growth.

If we do nothing about CO2 emissions and the scientific consensus is correct, the result will be global catastrophe. Choosing the former over the latter isn't a hard choice to make. We do it every day in business. We call it insurance.

- James A. Wirth, Pittsburgh

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