UW Economist Supports Change in Reporting Climate Change Benefits

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A University of Wyoming economist says the federal government has a duty to inform Americans about the reductions in domestic climate damages that may result from federal regulation. Economics Professor Jay Shogren says the current approach of reporting only the global benefits neglects that duty. He says the costs to the United States are relatively lower than many other nations, because most of the economy does not depend directly on climate like it does elsewhere.

Shogren and others economists wrote a letter endorsing their opinion that appears in the scientific publication Science. The group also explains its position in a column written for Forbes.

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