Posted by: J. Drake Hamilton in report, global warming, economy, carbon regulation on Nov 4, 2009
The Institute for Policy Integrity at the New York University School of Law surveyed top economic experts on climate change and summarized their findings in a new report.
To quote from the report's executive summary:
"84% of respondents agreed or strongly agreed that 'the environmental effects of greenhouse gas emissions, as described by leading scientific experts, create significant risks to important sectors of the United States and global economies.'
Agriculture was the domestic economic sector most identified as 'likely to be negatively affected by climate change.'
97.9% agreed or strongly agreed that 'placing a "price on carbon" through a tax or cap-and-trade system will increase incentives for energy efficiency and the development of lower-carbon energy production.'"
