Democrats finally passed climate legislation, does it matter?

Starting in the 1990s, at the end of the Cold War, climate change became a fixation for rich-country politicians and elites. 

From Monday's Globe and Mail Published on Friday, Feb. 05, 2010

Lomborg's thoughts appear in the article Cash-strapped families face £1,000-a-year bill to help Government beat climate change (as if we didn't have enough problems); on the UK Government's decision to set a 80% cut in carbon emissions by 2050.

The Government's climate change committee estimates this will cost 1-2 % of the GDP. At current values this is £24 billion  -  or £1,200 per household.