The forty minute movie is well worth your time. It explains how the worst expected results of global warming can be ameliorated by the economic growth made possible by low cost electricity.
Bjorn Lomborg, mentioned in the video, has a book out that gives some of the trade offs of CO2 reduction vs a direct attack on the problems global warming from CO2 might or might not cause.
The Skeptical Environmentalist: Measuring the Real State of the World
And what if what we are seeing in the temperature record is normal climate variation and yet we go ahead with drastic cuts in carbon before economical alternatives are available? A few folks will get rich. A lot of folks will stay poor and nothing useful will be accomplished to improve the state of the world. Sounds like a government program.
H/T Watts Up With That