Monday, April 12, 2010

Economic Growth and Environment

While I question the use of 'pollution' in the piece below, at least as regards CO2, even if you believe in the "CO2 as a toxin" narrative, the point stands.

"The first of these facts is that China's economy is "barely one-third the size of the $14 trillion U.S. economy." The second fact is that "China is now the biggest producer of carbon dioxide and other greenhouse gases that contribute to global warming." That is, America's economy - nearly three times larger than China's economy - produces less pollution than does China's economy.
So much for the myth that economic growth inevitably and always increases pollution and environmental damage. Clearly, after some point, continued growth can reduce pollution and environmental harm."
http://cafehayek.com/2010/04/the-environmental-kuznets-curve.html

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