La moraleja de Sandy

Even as the clean-up continues in the Atlantic Basin, a lot has been written about Hurricane Dean. Some commentators believe nature is sending us a message. They say that the effects of climate change are getting out of hand, and it is time to take action. We have heard this point many times before. With every "extreme weather event," passionate climate change activists ride a public wave of concern. Former Vice President Al Gore believes we must make drastic reductions in carbon emissions because weather-related disasters are on track to cost as much as $1 trillion by 2040. Mr.

2013-11-14 Today’s policies to combat climate change cost much more than the benefits they produce. Unfortunately, bad political choices often make these policies even less cost-effective.  Consider the European Union’s 20-20 policy, which targets a 20% reduction in CO2 emissions below 1990 levels by 2020. It is important to examine this approach, not only because the EU is pursuing the world’s largest and most ambitious climate policy, but also because other climate policies suffer from similar shortcomings. (...) 

Everybody talks about the weather, but nobody does anything about it. That old quip, often attributed to Mark Twain or his friend Charles Dudley Warner, now guides most news coverage of severe weather. The media say that natural disasters are a result of climate change and we need to adopt radical policies to combat them.