Bjorn Lomborg: The Limits of Panic

Yawn...President Obama announced a new plan to mitigate climate change via EPA regulation yesterday, but he's also negotiating the largest free trade deal ever with the EU.

Indeed, reliance solely on organic farming—a movement inspired by the pesticide fear—would cost more than $100 billion annually in the U.S.

...or about $275 per person per year, which is about $5/week. We should make food as affordable as possible and part of why people eat junk food is the low cost, but from an economic point of view I consider that an expensive externality; subsidizing quality food seems a lot cheaper than deal with early-onset diabetes. I've always been perplexed at how climate change skeptics can be so rigorous in the pursuit of evidence for environmental change while simultaneously being ready to declare economic doom at the drop of a hat.