Revenue neutral tax incentives for investing in new production equipment would be another tool. Both studies have been peer reviewed, and they are also consistent with previous studies in 1991 by the National Academy of Sciences and Office of Technology Assessment. CSE hopes that our national leaders will agree to binding limits on greenhouse gas emissions at the Kyoto conference this December. These studies provide the proof that the economy will benefit. The risks from global climate change, such as loss of coastal estuaries and the impacts on commercial fisheries, losses to the tourism industry, replacement of homes, businesses, ports, bridges and roads from storm damage and rising seas, increased numbers of droughts and floods, as well as change of tree species in Maine which sits at the edge of two climate zones, are too great to avoid action.
Scientists are already recording change.