3:56 PM
Vegetarian
Global warming may or may not be a problem. Man may or may not be driving it. Given the uncertainties, a significant amount of global regret may apply if we divert too much of our global wealth to solving what may be a non-existent or trivial problem, especially if that diversion mires billions in poverty. On the other hand, we may also regret not doing anything if man-made global warming does turn out to be a problem. It is therefore prudent to examine what steps we can take that would prove beneficial whether or not anthropogenic global warming turns out to be a problem. These steps can be termed "no regrets" policies.
What makes a No Regrets Global Warming Policy? A global warming policy can be termed "no regrets" as long as it:
* Reduces the amount of greenhouse gases emitted into the atmosphere, or
* Mitigates, prevents or reduces a harm associated with global warming, or
* Provides greater capacity for dealing with problems associated with global warming
* Without imposing significant cost or diverting economic activity.
Top Five "No Regrets" Policies
1.) Eliminate all subsidies to fuel use.
Subsidies to energy R&D cost taxpayers millions of dollars while producing minimal benefits. While these programs may be relatively small given the size of domestic energy markets, they serve little, if any, useful purpose while subsidizing large corporations at taxpayer expense. The potential threat of global warming, whether it is real or not, is simply one more reason to eliminate these subsidy programs. An international agreement aimed at ending energy subsidy with binding targets would be a significant victory for emissions reduction. Unlike Kyoto, which forces an energy starvation diet on its participants, such a treaty would be a move to combat energy obesity.
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