The benefits of fossil fuels to human health and welfare far outweigh the costs

“IPCC and its national counterparts have not conducted proper cost-benefit analyses of fossil fuels, global warming, or regulations designed to force a transition away from fossil fuels, nor are they likely to do so given their political agendas. The CBAs conducted for this volume find the social benefits of fossil fuels exceed the costs by a wide margin. A forced reduction of GHG emissions to 90 percent below 1990 levels by 2050 would require that world GDP in 2050 be reduced to only 4% of what it is projected to be in that year. Most regulations aimed at reducing GHG emissions have costs that are hundreds and even thousands of times greater than their benefits.” click here

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