Cutting carbon: less expensive than we are led to believe

From Paul Krugman at the New York Times:

Next week the Environmental Protection Agency is expected to announce new rules designed to limit global warming. Although we don’t know the details yet, anti-environmental groups are already predicting vast costs and economic doom. Don’t believe them. Everything we know suggests that we can achieve large reductions in greenhouse gas emissions at little cost to the economy.

Just ask the United States Chamber of Commerce.

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