Climate Change: Expert Opinion on the Economics of Policy Options to Address Climate Change, GAO-08-605, May 09, 2008: “Elevated levels of greenhouse gases in the atmosphere and the resulting effects on the earth’s climate could have significant environmental and economic impacts in the United States and internationally. Potential impacts include rising sea levels and a shift in the intensity and frequency of floods and storms. Proposed responses to climate change include adapting to the possible impacts by planning and improving protective infrastructure, and reducing greenhouse gas emissions directly through regulation or the promotion of low-emissions technologies. Because most U.S. emissions stem from the combustion of fossil fuels such as coal, oil, and natural gas, much of this report centers on the effect emissions regulation could have on the economy.”