act now or pay more

Peg just sent me a link to an Environmental Defense Fund article that indicates that if we jump on the "cap and trade" model for curbing carbon emissions SOON, the expense will be less than 1% of the GNP. The article is very short on actual numbers, but heartening, if (BIG if) we can get on the train.

Ah! read it more closely. The full report, with the numbers, is linked with a PDF download, about 40 pages.