Bloomberg argues Zeldin’s plan to revoke EPA’s 2009 greenhouse‑gas finding is fiscally reckless: it might save ~$1T in compliance but risks ~$87T in climate damages.

Legally shaky and economically absurd, it shifts massive costs to the public, on top of massive health risks.

zurl.co/Evupj

Even putting aside science, EPA Administrator Lee Zeldin’s decision to reverse the finding that greenhouse-gas emissions are a danger to the public makes no economic sense.

The $87 Trillion Bill That Comes From Denying Reality

Even putting aside science, EPA Administrator Lee Zeldin’s decision to reverse the finding that greenhouse-gas emissions are a danger to the public makes no economic sense.

Replies

  1. In psychology, we learn that denying reality always incurs a disproportionate cost over the long term, but is very convenient in the short term as a coping mechanism. The question is now what the US needs to cope with so badly that it self-destructs as part of this "healthy" denial process.

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  2. Big Business: Yeah, but we pay the compliance costs now. We'll figure a way around the climate damages later. My pay depends on profits now, not 10 years from now.

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