Not only for the U.S., but – in a bit of a surprise for those like the activists at NYU saying but it’s for the greater good – even globally.

Huh. Given the global-warming industry’s current fallback arguments, that’s some pretty damning stuff.

I mean, it’s not like this comes from some unreliable internal Treasury Department memos in which the administration was just spinning yarns for fun among themselves. It’s the CBO, to whom we have just been lectured yet again is the gold standard for such things.

Hat tip to Bob Murphy at IER.