MISES WIRE/ Lee Enochs-
In recent years, the controversial subject of global warming and a potential “climate disaster” has received a lot of media attention.
There are progressive politicians who are now arguing that unless profound changes in public policy are made to reduce worldwide carbon emissions, we face an impending world-wide climate related catastrophe.
Former Presidential aspirant and Vice-President Al Gore was one of the first national personalities to raise the subject of global warming and the potentiality of an impending climate related catastrophe with the release of his Oscar-winning documentary, An Inconvenient Truth in 2006.
Needless to say, such dire prognostications have gained the attention of both the scientific and political communities. So important is the issue of global warming, in 2016, many different countries around the world agreed to sign the “Paris Agreement,” an accord within the United States Framework on Climate Change (UNFCCC), pertaining to greenhouse gas-emissions and other climate related issues.
The Paris Agreement’s long-range aspiration is to regulate the economy to keep the global average temperature to well below 2°C above pre-industrial levels; and to limit the increase to 1.5 °C, since this, it is claimed, would substantially reduce the risks and effects of climate change. Continue reading…
