This article is the third in a series. You can read the first post here. and the second one here. “Gratefully, nature does not have to wait another century or so for the air’s CO2 concentration to double before reaping benefits from enhanced water use efficiency. It has already begun to profit in this regard from the […]
CO2 Enrichment Improves Plant Water Use Efficiency Learn More »
Fifty Indiana economists advise bad science and bad economics. Recently, 50 Indiana economists issued a public letter to their state’s legislature endorsing a “carbon tax” as an economically wise way to curb global warming by reducing carbon dioxide emissions. The fundamental premise of taxing CO2 emissions is that they cause more harm than good (and thus are what
Indiana Economists Endorse ‘Carbon Tax’ — But Should They? Learn More »
Recently fifty Indiana economists issued a public letter to their state’s legislature endorsing a “carbon tax” as an economically wise way to curb global warming by reducing carbon dioxide emissions. The fundamental premise of taxing CO2 emissions is that they cause more harm than good (and thus are what economists call a “negative externality”—a cost
Indiana Economists Endorse “Carbon Tax”—But Should They? Learn More »
Get ready. You’re about to meet “the most important figure you’ve never heard of.” SCC. No, not SEC—Securities and Exchange Commission. (And you sports fans thought that was Southeastern Conference!) SCC stands for “social cost of carbon.” Which should prompt you immediately to ask two questions: “What’s that?” and “What’s that?” Okay, that’s one question.
What’s the ‘Most Important Figure You’ve Never Heard of’? Learn More »
The old joke is that if you put all the world’s economists end to end they still wouldn’t reach a conclusion. That’s another way of saying that economists routinely disagree with each other—often completely. Nonetheless, much of the public and many journalists treat a recommendation from a group of economists like the word from Mt.
What’s Wrong with a Carbon Tax? Learn More »
No matter how you look at it, the Florida Republican’s new proposal is bad policy. Environmental policy as a tool of wealth redistribution is nothing new. The latest example is a proposal for a greenhouse-gas (GHG) tax just introduced by Representative Carlos Curbelo (R., Fla.). Curbelo’s tax would start at $24 per metric ton of
The Curbelo Carbon Tax as Wealth Redistribution Learn More »
Just a brief note to recommend the reading of Tim Worstall’s Chasing Rainbows: How the Green Agenda Defeats Its Aims. For fullest enjoyment, understand from the start that you must imagine its whole text being said aloud by an Englishman in a tone riddled with sarcasm. Think of Fawlty Towers or some such. Worstall, a Fellow of
A Humorous and Devastating Critique of Green Economics Learn More »
James Baker, chief of staff to Ronald Reagan and secretary of state under George H.W. Bush, and George Schultz, secretary of state under Reagan, have endorsed a “carbon” tax plan that is just plain wrong from the git-go. Stephen Moore explains why in “The Carbon-Tax Scam,” but here’s the gist: Even if it succeeded in
What’s Wrong with a “Carbon” Tax? Learn More »
