In February 2022, a federal district court judge in Louisiana slammed the door on the Biden Administration’s ability to incorporate the full costs of climate change in economic analyses of Federal regulations and actions.
When considering the flaws in our projections and models, it can be tempting to throw up our hands and side with David Hume, who famously reasoned that “the supposition that the future resembles the past, is not founded on arguments of any kind, but is derived entirely from habit.”
