What’s the real cost of global warming? More to the point, how much would you — the person reading this blog — be comfortable paying to stave off the worse ravages of climate change? A hundred bucks to keep the rising seas out of your back yard? A thousand to replenish mountain snowpack? Maybe a few dollars to put more trees back in the rainforest?
Luckily, there’s no shortage of estimates of how much each individual in the United States might have to pay to curb the greenhouse emissions that spur climate change. One particularly pertinent estimate was delivered on Capitol Hill by EPA Administrator Lisa Jackson at a Senate hearing geared to send the message that, yes, the United States Congress is getting serious about tackling the problem.
As Reuters’ Jasmin Melvin wrote in this story, Jackson said it would cost the average U.S. household about 50 cents a day to fight global warming, though wealthier households would probably pay more. Even if this cost doubled, Jackson told the Senate Environment and Public Works Committee, that would only be a dollar a day. Who wouldn’t pay that?
Apparently a fair number of people, according to Sen. James Inhofe, who cited a July 1 poll showing the 56 percent of Americans are unwilling to pay anything.
So what would you be willing to pay? Is a dollar a day too much? And if you shouldn’t pay, should anyone?