Pekka- It near term impact in the US would be to have fewer funds available for spending on other activities and thereby it would have an immediate negative impact on the US economy.
Now if there was some grand invention that allowed for energy to be produced more efficiently than fossil fuels there would be a positive economic impact as activities expanded around that new technology. Unfortunately, there is no such alternative today.
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Comment on Conservative perspectives on climate change by Rob Starkey
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