Where are your calculations showing that doing something would cost billions of dollars? Where are your calculations comparing your estimates with the estimated costs of climate change?
Here is an example for you from just one country responding to one agreement (I presume you would like to see changes made in more than one country with multiple agreements):
http://www.bbc.co.uk/news/world-us-canada-16151310Canada to withdraw from Kyoto ProtocolCanada will formally withdraw from the Kyoto Protocol on climate change, the minister of the environment has said.
Peter Kent said the protocol "does not represent a way forward for Canada" and the country would face crippling fines for failing to meet its targets.
The move, which is legal and was expected, makes it the first nation to pull out of the global treaty.
The protocol, initially adopted in Kyoto, Japan, in 1997, is aimed at fighting global warming.
"Kyoto, for Canada, is in the past, and as such we are invoking our legal right to withdraw from Kyoto," Mr Kent said in Toronto.
He said he would be formally advising the United Nations of his country's intention to pull out.
'Impediment'He said meeting Canada's obligations under Kyoto would cost $13.6
bn (10.3
bn euros; £8.7
bn): "That's $1,600 from every Canadian family - that's the Kyoto cost to Canadians, that was the legacy of an incompetent Liberal government".
Environment correspondent, BBC News
--------------------------------------------------------------------------------
That Canada would withdraw from the Kyoto Protocol has been the worst-kept recent secret in climate change politics.
On taking office in 2007, Stephen Harper's government found their predecessors, for all their green rhetoric, had done little to cut Canada's emissions.
Rather than heading for a 6% cut from 1990 levels by 2020, the Kyoto pledge, it was and still is set for a rise of about 16% - more like 30% if you include forestry. The obvious answer, to huge disdain from critics, was to say they wouldn't try meeting the target.
Since then, the approach has been to copy the US line. Canada's current pledge is exactly the same as the US one - a cut of 17% from 2005 levels by 2020 - with the proviso that the number will change if the US passes legislation with a different target.
And as the US is outside Kyoto, Canada's last act of mimicry was to leave as well.
A burning question at the recent UN talks in Durban was whether Japan, Russia, Australia or New Zealand would follow Canada's lead - which would effectively leave just European countries inside.
For the moment, it appears unlikely, as all like the flexibility Kyoto offers for meeting emission targets. But it's not impossible.
He said that despite this cost, greenhouse emissions would continue to rise as two of the world's largest polluters - the US and China - were not covered by the Kyoto agreement.
"We believe that a new agreement that will allow us to generate jobs and economic growth represents the way forward," he said.Beijing criticised Canada's decision. Chinese foreign ministry spokesman Liu Weimin said it went "against the efforts of the international community and is regrettable".
Mr Kent's announcement came just hours after a last-minute deal on climate change was agreed in Durban.
Talks on a new legal deal covering all countries will begin next year and end by 2015, coming into effect by 2020, the UN climate conference decided.
"The Kyoto Protocol is a dated document, it is actually considered by many as an impediment to the move forward but there was good will demonstrated in Durban, the agreement that we ended up with provides the basis for an agreement by 2015."
He said that though the text of the Durban agreement "provides a loophole for China and India", it represents "the way forward".
Canada's previous Liberal government signed the accord but Prime Minister Stephen Harper's Conservative government never embraced it.
Canada declared four years ago that it did not intend to meet its existing Kyoto Protocol commitments and its annual emissions have risen by about a third since 1990.
Spending on R&D doesn't cut back on growth - it provides knowledge that enable the development of new applications, produce new materials, products or services, install new processes and systems, and gain a competitive advantage. That's the reason businesses and governments invest in R&D.
In general of course the future lies in R+D - but the money has to come from somewhere and usually its the same pot that funds a nation's growth. It's simply misleading to say the two aren't related. It's like saying we wil invest in the future by having an amazing training facility at melwood and spending money bringing in bright young prospects but expecting that the money spent on the first team transfer kitty will be untouched. There's a balance to be struck. A schoolchild could point that out to you.
Why would I want to make predictions about markets? It's completely irrelevant. You want to evaluate climate models? Then look at what they've already achieved. You're comparing physical sciences where we can observe, measure and quantify things with markets, which are erratic and unpredictable as they involve human behaviour.
I thought your premise was that climate change was being driven by the effects of human behaviour - whoops!