pondelok, júna 18, 2007

Much Talk, Wrong Solutions and Opposite Results: The Case of War On Global Warming

When the EU officials, hardcore environmentalists and other global warming alarmists (similar to Nobel price nominee Al Gore) talk about „doing something“ about global warming, two ways are discussed. One is trading permits to emit carbon dioxide and other greenhouse gases. Second is taxing on carbon emissions from gasoline or electricity use. Both approaches are different in tools considered, but common in final result. If they cut something, it´s not for sure emissions but economic growth.

Read the whole post on Capitalism & Freedom