Cost of Iraq War equal to that of fixing climate change?

President Bush’s recent speech addressing climate change was met with derision internationally. One of his excuses for a go-slow approach is the estimated cost of converting the US economy to a low-carbon diet. Such fiscal cautiousness is of course one of Bush’s most erratic virtues, consistently absent when it comes to tax cuts and the spiraling cost of the war on Iraq. Yet in the wake of Bush’s non-action, an eye opening new report draws a stark link between something he’s happy to pay for (the war) and another he says is too expensive (the carbon problem): they’re about equal.

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