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Posted Fri Apr 4 2008: from Associated Press:
US: Fighting global warming costly
"BANGKOK, Thailand - With global markets in turmoil and the U.S. threatened by recession, negotiators at a climate change conference are asking: can nations afford to make rapid cuts in emissions to fight global warming without going into an economic tailspin? ... U.S. climate negotiator Harlan Watson said such costs need to be factored in when deciding how deep the world ought to require industrialized nations to reduce emissions. "If you push the globe into recession, it certainly isn't going to help the developing world either," he said. "Exports go down, and many of the developing countries of course are heavily dependent on exports. So there's a lot of issues which need to be fleshed out ... so people understand the real world."
[Read more stories about: economic myopia, climate impacts]

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The ApocaDocs say:
I think the real world is that we will pay a helluva a lot more later if we don't act now.

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