"The potential gains from improved stabilization policies are on the order of hundredths of a percent of consumption, perhaps two orders of magnitude smaller than the potential benefits of available supply-side fiscal reforms."

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Climate change is not a major issue because it will cause sea level rises or temperature increases, since we know how to live at higher elevations and regulate the temperature within our homes. It is a major issue because ecosystems are finding it difficult to adapt to the rapidity of the climate and environmental changes and are dying off, thereby accelerating the species extinction that is already underway due to our consumption habits.

— Shailesh Rao