Friday, June 8, 2007

Global warming, the $18 quadrillion question


Better now. Bit of a synaptic meltdown looking at this:

MOSCOW (Reuters) -- With solutions costing up to a mind-numbing $18,000,000,000,000,000, it is among the most expensive questions in history --
"How do you stop people from causing dangerous global warming?"

In the post below I was heading south along the Pacific coast to Panama City looking for big numbers on the cost to EU air carriers of cap-and-trade CO2 reduction proposals. The only big number I saw in P.C. was 34,500,000 (the number of shares of Planktos waiting to come ashore into U.S. markets). Sidebar- will the stock make landfall at Pender St. in Vancouver or the Maggot Mile in Boca?

I have a lot of bookmarks. Searching "Kyoto costs" turned up this CNN story from 3 1/2 years ago.

Based on talks with some pretty smart people I can confidently say,
$18 quadrillion;
it's on the high side.