Consider this argument often made by climate skeptics:
Water vapor is the most important gas, contributing 97 percent of the greenhouse effect. Carbon dioxide is only small percentage. Therefore, regulating carbon dioxide will have no impact on our climate.
WhileEven if these numbers are generally correct, there are lots of problems with this argument. For example, it disregards the fact that climate forcing by water is really a feedback, and that changes in carbon dioxide are amplified by the water vapor feedback.
Then there's this problem: the argument includes an implicit assumption that a small fractional change of any quantity is intrinsically unimportant. It might make intuitive sense: carbon dioxide is only 3 percent of total forcing, and how can 3 percent of anything be important?