How not to address climate change
TCS DailyPosted: January 31st, 2008 by Thomas L. Knapp
Author: Kenneth Green
“Common sense should tell us that good policies produce more in benefits than they cost us. Unfortunately, common sense has left the building when it comes to climate policy. Asserting (somewhat absurdly) that America’s economic and geopolitical competitors, such as China and India, are just waiting for ‘U.S. moral leadership,’ several voices are renewing their call for domestic cap-and-trade legislation to control greenhouse gases. But cap-and-trade schemes are fundamentally flawed, and particularly ill-suited to greenhouse gas control.” (01/30/08)
