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Cost Quotes

“Sensible policies on global warming should weight the costs of slowing climate change against the benefits of slower climate change. Ironically, recent policy initiatives, such as the Kyoto Protocol of 1997, have been introduced without any attempt to link the emissions controls with the benefits of the lower emissions.”

“Where there is a confluence of interests among nations, as, for example the swine flu or polio, you can get well functioning international institutions like the World Health Organization. And you can act. Climate change is different, because the science remains hypothetical and the potential costs staggering.”

“I don't think you can pump carbon dioxide into the atmosphere indefinitely and not have a reaction. But there are great scientists such as Freeman Dyson, one of the greatest physicists of the last hundred years, who has studied the question, who believes quite the opposite. The reason transnational action is so difficult is because the major problem with climate change is, A, that there is no consensus, and, B, that the economic cost is simply staggering. Reversing it completely might mean undoing the modern industrial economy.”

“There's real economic costs to climate change - So, Superstorm Sandy led to billions of dollars in damages. The fires out in the west, 70 million dollars a day are being spent in fighting fires that have clearly been exacerbated by drought and climate change. So, people have pointed out the true dollars and cents cost of inaction on climate change.”

“Subsidies for the oil, gas and coal industries are projected to cost taxpayers more than $135 billion in the coming decade. At a time when scientists tell us we need to reduce carbon pollution to prevent catastrophic climate change, it is absurd to provide massive subsidies that pad fossil-fuel companies' already enormous profits.”

“I do remain optimistic that one day the world will realise that carbon dioxide is more of a friend than an enemy to the earth's flora and fauna, and I do seriously believe that, given the extraordinary complexity of the natural forces controlling our climate, which have done so for millions of years, the only sensible policy response to the natural process of climate change is prudent and cost-effective adaptation.”

“The irony is that one of the things people want to solve climate change is more market - more price on carbon so that markets have something to chew on when they think about climate change instead of the complete monopoly, the absurdity of allowing these guys to own the sky for free - socialise all of the costs and privatise all of the profits.”