“In the U.S. alone, weather disasters caused $50 billion in economic damages in 2010.”
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Drill everything, mine everything, roll back regulations, tweak the science, expedite permits. Sound familiar? The Republicans offer up more 19th-Century solutions to our 21st-Century energy problems.
When it comes to energy, cost isn't everything - but it's a lot. Everybody wants cheap power.
The biggest tab the public picks up for fossil fuels has to do with what economists call 'external costs, ' like the health effects of air and water pollution.
Obama wants to be thought of as the president who freed us from foreign oil. But if he doesn't show some political courage, he may well be remembered as the president who cooked the planet.