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Posted AT 6:00 AM EST on 08/08/08

Why solving global warming may not pay off

Globe and Mail Update

You have $75-billion (U.S.) to give away in the next five years. You are tempted to direct all of it to solar power research – to help avert the end of human existence – but you know that it would be prudent to do some cost-benefit analysis first. (You recall that, only a year ago, you would have been tempted to direct all of it to corn-based ethanol research.) You compile a master list of 30 humanitarian causes. You engage 50 top-notch scientists to prepare preliminary reports.

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