Chasing Rainbows: Economic Myths, Environmental Facts

Chasing Rainbows looks at the commonly held beliefs about what we should do to avoid, curtail or adapt to global warming and compares them to what we should actually be doing. This is not an argument about the science: Worstall leaves that entirely to others to debate. Rather, he asks what guides and indications we can draw from the economics already embedded in such pronouncements as the IPCC reports and the Stern Review. The answers will shock some: globalisation is part of the cure for climate change. Recycling of some things certainly saves resources but of domestic waste actually squanders them. Creating 'green jobs' is not a benefit but a cost of our actions.

We don't need to limit economic growth, quite the opposite, it's part of the solution, and the finite nature of the physical world is not a binding limit upon such growth.