2012-03-01 06:43:17Nordhaus Sets the Record Straight - Climate Mitigation Saves Money
dana1981
Dana Nuccitelli
dana1981@yahoo...
64.129.227.4

Nordhaus set the WSJ Gang of 16 straight - I used it to update the 'CO2 limits will harm the economy' rebuttal.

  • Nordhaus Sets the Record Straight - Climate Mitigation Saves Money
  • 2012-03-01 10:18:22
    logicman

    logicman_alf@yahoo.co...
    109.150.152.138

    I like this.  When deniers spin a researcher's words around so that s/he appears to agree with the deniers, then it cannot be said too often or too loudly that they are 100% wrong.

    2012-03-01 16:11:38
    Andy S

    skucea@telus...
    209.121.15.232
    Looks good. I actually disagree with Nordhaus about the the cb ratio/difference choice: you need both and other considerations besides For example, which project would you prefer, one where you invest 1000 dollars to get 3000 back (includes the original investment) or one where you invest 100,000 to get 103,000 back? A 100% return vs 3% or a $2000 profit vs a $3000 profit?
    2012-03-01 16:43:02
    dana1981
    Dana Nuccitelli
    dana1981@yahoo...
    71.137.110.129

    Well true, you certainly should consider both, but the difference is the more important factor.

    2012-03-01 17:30:51
    Andy S

    skucea@telus...
    209.121.15.232
    In my experience, most businesses i have worked for rank their projects by their rate of return, which is in essence, a risked and discounted ratio of cash flows and capital. Of course, other factors, like availability of capital, gambler's ruin considerations and many other factors play a big role too but some form of ROR is always at or near the top of the list of criteria. Not that this is relevant for this post. Sorry for the distraction.
    2012-03-02 12:53:11
    Alex C

    coultera@umich...
    67.149.101.148

    In any case, the B/C ratios of the scenarios in his book were virtually identical.