Tuesday, December 8, 2009

A Good Primer on Why Cap & Trade Sucks

It's 10:07, and well worth it.

4 comments:

  1. Hmm..., I guess html is not accepted in comments.

    ReplyDelete
  2. You can use the link icon to do this.

    It's the thing that looks like a chain 2 icons to the right of the youtube link:

    It shoud work: Krugman's post replying to Hansen

    Yep, it works.

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  3. And by the way, Krugman is not above patronisingly psychologizing people who happen not to agree with him (and to whose arguments he cannot provide substantive answers):

    "[O]n the left [...] people [...] are outraged at the idea that we’re going to make saving the planet basically a business decision, aligning private incentives with environmental goals so that doing the right thing becomes a profit opportunity rather than a moral duty. That, I think, is what’s behind the furor over cap and trade."

    Not his finest hour.

    ReplyDelete
  4. Yeah, that argument is bullshit.

    People don't like cap and trade because it's repeatedly been a failure.

    ReplyDelete