James Hansen is the latest climate change instigator to complain about Cap and Trade. He worries that the program will increase carbon emissions.
We could say this raises some questions: If carbon is a pollutant, why do they seek to create a new commodity market in the right to pollute? Glenn Jacobs asked this question at C4L in July. And why are activists so hostile to proposals to reduce the alleged impact of carbon emissions when those proposals do not involve an invasive restructuring of international economies? See Bob Murphy on that point. As I discussed it in October, we can understand why people would be skeptical of the global warming hysteria, when it seems like it’s more tailored toward taxing, regulating and controlling people in their private lives, all over the world, than toward doing anything to protect the environment at the lowest possible cost.