"Sensible policies on global warming should weight the costs of slowing climate change against the benefits of slower climate change. Ironically, recent policy initiatives, such as the Kyoto Protocol of 1997, have been introduced without any attempt to link the emissions controls with the benefits of the lower emissions."

Source : William D. Nordhaus, Joseph Boyer (2003). “Warming the World: Economic Models of Global Warming”, p.69, MIT Press

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