An economist figured out how much Hillary Clinton’s plan to save the world from runaway climate change would actually cost
Business Insider discusses the costs of meeting the targets in the Paris climate agreement with Myron Ebell.
Myron Ebell, an energy and environmental policy analyst — and avowed climate-science skeptic — with the libertarian Competitive Enterprise Institute think tank, said a program on the scale Heal envisions would struggle to get off the ground.
"I think Obama has gone about as far as you can go in terms of twisting the current regulatory structure to try to do things," Ebell said. "At some point Congress would have to vote for this kind of program, and I think it's a long way in the future if at all. I have my doubts that it will ever happen, but right now you can say it's several Congresses away."
Ebell said that political "friction" — from opponents ranging from national lawmakers to local landowners objecting to power lines and windmills — will most likely add costs at every stage of a major national-energy overhaul.
Read the full article at Business Insider.