MIT Warmist Throws in the Towel! ‘Global warming not worth the fight; ‘Costs of mitigating climate exceed benefits’ — ‘There is little point in surrendering our national economy to green adventures’
'National policies to subsidize innovation have no more a successful track record than national policies that subsidize capital formation. The policies themselves (usually large, government spending boondoggles like the Synthetic Fuels Corporation), are economic distortions — they place incidences on some and make beneficiaries out of others, but on the net, society as a whole loses.'