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March 12, 2008

Website Lets YOU Predict the Economic Impacts of Reducing US Carbon Emissions

Check out this interactive new website developed by my friend Robert Repetto.

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As Congress prepares to debate new legislation to address the threat of climate change, opponents again claim that the costs of adopting the leading proposals would be ruinous to the U.S. economy. The world's leading economists who have studied the issue say that's wrong. And you can find out for yourself.

Yale's School of Forestry and Environmental Studies has recently posted a new website developed by economics professor Robert Repetto. In a way that anybody can easily understand, it synthesizes the results of thousands of policy simulations from 25 economic models being used to predict the economic impacts of reducing U.S. carbon emissions. To try this new website, just click on www.climate.yale.edu/seeforyourself.

     This website identifies the seven key assumptions accounting for most of the differences in the models' predictions. You can make your own assumptions about the key factors that will influence the costs of stopping climate change and see the results.

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