Newest Best Argument for Taking Action on Climate Change Is Now Climate Change

An interesting article in the New York Times makes the claim that compared to the frequent and vague “green jobs” argument, “the stronger argument for a major government response to climate change is the more obvious argument: climate change.” The piece concludes that, “In the end, the strongest economic argument for an aggressive response to climate change is not the much trumpeted windfall of green jobs. It’s the fact that the economy won’t function very well in a world full of droughts, hurricanes and heat waves.”

As a comprehensive cap-and-trade approach seems less likely, and more direct carbon pollution regulation by EPA seems more likely, the change in argument seems not only natural but necessary.  For one thing, the cost-benefit calculations are becoming increasingly clear even without a jobs and economic development hook.