The carbon tax: insurance against climate change? | JunkScience.com

Only if you think paying many multiples of the insured risk in annual premiums is a form of insurance. In fact it is simply a straight cost with no benefit. The insurance analogy is one of the most stupid ploys in the warmists? arsenal and boy, it faces some stiff competition for such a title.

Cutting greenhouse gas emissions is like buying an insurance policy: we incur a cost to reduce a risk. Every year Australians spend millions on insuring homes, cars and their health, not because they know that something will happen to them, but because of the risk that it might. Households make the decision that insurance premiums are worth paying. As a nation, what premium do we pay for insurance against catastrophic climate change?

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Source: http://junkscience.com/2012/07/25/the-carbon-tax-insurance-against-climate-change/

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