In a letter in The Australian Tom Biegler claims JoNova didn’t look at cost benefit studies:
Joanne Nova [Wasting money on Climate betrays the sick] bemoans the lack of cost-benefit analysis to support a price on carbon. She didn’t look very far. The energy economics literature is awash with estimates of the cost of both climate change and abatement measures. They disagree of course, but so would cost-benefit analyses of medical research expenditures, which Nova ignores.
A world where governments spent our money purely on the basis of cost-benefit assessments might look appealing but it’s not going to happen. Priorities reflect what voters want, annoying as that may be. It’s a small price to pay for our wonderful democracy that lets us keep arguing and trying to change each other’s minds.
Tom Biegler, St Kilda East, Vic
My reply sent to The Australian yesterday:
Tom Biegler thinks I’ve ignored cost benefit analysis of climate change abatement. No sir. There are no cost benefit analysis that start with checking the science. No institute or government committee has been paid to audit the IPCC, the BOM or CSIRO’s findings. All the reports assume that the UN [...]