Neil Reynolds wrote in today's Globe and Mail Report on Business (superheading "environment") about the costs of greenhouse gas mitigation ("Obama's Climate Change Solution: Tyranny"). Basically he was presenting and spinning some work put out by the George C. Marshall Institute which he claims is a "science policy think tank". Reynolds is where most of the "climate change deniers" have retreated to right now: saying that it's going to be too expensive to do much about greenhouse gas emissions. Only he's putting a new little twist, saying that it's going to be too costly in terms of freedom and democracy for governments to do anything but let technology and the market try to solve the problem.
Whoa!!
1) The well-known climate-change denier and tobacco and oil industry lobbyist, Frederick Seitz, helped found the George C. Marshall Institute. The Marshall Institute's work was, apparently, even too much for Exxon, who cut their funding last month, and explained that "In 2008 we will discontinue contributions to several public policy research groups whose position on climate change could divert attention from the important discussion on how the world will secure the energy required for economic growth in an environmentally responsible manner."
2) Reynold's doesn't seem to understand that technology plus a market economy that had a crucial price - the price of pollution (zero) - wrong, got us to our present dire situation. Two ways to try to solve the problem are the carbon tax, which puts a proper price on pollution and lets the market take over, and a cap and trade system, which is also a market solution to a pollution problem. These are the farthest you could get from tyrannical solutions to the greenhouse gas problem.
Tyranny, in my view, is leaving the price of pollution at zero. The subjects of our tyranny are those that will live, could have lived, or could have lived more productively in the future.
Wednesday, June 11, 2008
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