Sterling Burnett questions the positive impact of potential climate change on economic growth, agriculture and health. This position conforts Leroy-Ladurie French historian which links afflent society with warm periods. If this is acknowledged combatting global warming at all costs could be futile and counter productive.
Do read Gary Libecap’s paper from PERC who explains why Americans approve fracking: self-sufficiency, economic growth and less GHG emissions. Contrary to many countries such as France sub surfaced minerals are the private property of landowners who take advantage of exploitation.
John Baden and Randall O’Toole observes that governements are broke and broken and that accordingly one must imagine new institutions to prevent the environmetal decay of a third of the American territory. They do think that fiduciary trusts build upon over 400 years of experience could help. The National Trust of England and Wales looks like a kind[…]