| In the halting, measured language we’ve come to expect from his impromptu public remarks, President Obama posed a core dilemma of climate change yesterday at his first post-election press conference. Explaining the possible repercussions of failing to act now, he said, climate change “is going to have an impact and a cost down the road, if we don't do something about it."
Whether to pay for an energy transformation now, or take our chances with climate impacts and costs "down the road," is a key, polarizing economic question within climate change policy. Another way of framing it is this: What's the future worth to you?..............................................Full Article: Source |