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.Sphere: Related Content
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