Insurance analogy fails as argument for warming precaution

07/14/2003
A quaint argument now circulating for global-warming preventives creates an analogy with insurance.It goes like this: Although we can't be certain we won't be stricken by disabling disease or run down by a truck, many of us buy insurance against catastrophes like those. So why not, as a form of insurance, undertake the costs of precaution against the possibly catastrophic results of global warming, about which we can't be certain either?The analogy possesses a certain charm. Its imperfections, though, make it less than compelling.When we buy insurance, we know what we're paying and what we're getting in return. This isn't so with global warming.We don't know ho...
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