Climate Change Update: Climate change offers us an opportunity | Philadelphia Inquirer | 08/28/2011

click link for complete article Climate change offers us an opportunity | Philadelphia Inquirer | 08/28/2011: "As President Obama and his aspiring replacements grapple with how to handle this emotional issue, they have left one avenue largely unexplored: the often-ignored fact that climate change will help the U.S. economy in several ways and enhance, not diminish, the United States' geopolitical power.

The notion of climate change as an opportunity goes beyond the administration's tiresome refrain of "green jobs," an approach that has largely failed in Spain. (Researchers at the Universidad Rey Juan Carlos concluded in 2009 that for every four "green jobs" created by government spending in "green energy," the government could have created 11 through traditional infrastructure investments. They argued that every "green job" created by these programs costs 2.2 jobs elsewhere.)

Despite the doomsday talk, global warming will be a net economic benefit to the United States, in at least the short term and probably for several decades. "

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