Bjorn Lomborg · @BjornLomborg
22nd Mar 2012 from Twitlonger
@mark_lynas Just as Carbon Trust estimate prob is too low, KPMG is prob too high. Importantly, total cost of not achieving climate goals cheapest poss way is in order of $100bn+ just for UK over next 10 years – not trivial! FYI, estimate in my op-ed is based on peer reviewed overview of all main macroeconomic model cost estimates from Boehringer, C., T.F. Rutherford and R.S.J. Tol (2009), ‘The EU 20/20/2020 Targets: An Overview of the EMF22 Assessment’, Energy Economics, 32 (S2), S268-S273