Every time I hear someone complain about carbon taxes or cap and trade I think back on the horror stories coming out of post war England on the killer smogs and the car exhaust fumes which used to keep Los Angeles in a permanent haze. The economy might stutter if we ratchet back CO2 pollution but health improvements might be almost as important a compensation for this cost as preventing global warming.
This article tackles the health aspects of carbon containment.
From the article:
Now, this public health angle is especially likely to make a difference in the developing world, where creaky coal plants and noxious car fumes are rampantâ€”in many poorer countries, the health gains could entirely pay for the price of tackling carbon emissions. Indeed, there have already been a few examples of governments thinking along these lines.