mt has a nice post pointing at an article by Ray Pierrehumbert, How to decarbonize? Look to Sweden. mt and I both like the article, though we choose to emphasise slightly different aspects of it. I offer you:
In my experience, inaction on restraining carbon dioxide emissions does not stem from insufficient understanding of the science or insufficient fear of the consequences of warming. Instead, it is more due to excessive fear of the nature of the solutions… The problem is not too much capitalism, but rather too little, and even a lack of faith in the power of the ingenuity unleashed by capitalism to solve big problems… Sweden is emphatically not socialist. In fact, all this has been carried out within a vigorous free-market economy that fosters innovation and entrepreneurship…
In short, a thinly disguised Carbon Tax Now. He even quotes Timmy with something like approval.
The wacko right wing is convinced that GW is an evil socialist plot to steal their precious bodily fluids, and therefore chase themselves down bizarre ratholes trying to disbelieve the science. Meanwhile the wacko left wing do their best to foment this attitude on the right wing, by insisting on ever more regulation and stupid doomed nonsense like the ETS1. Both sides are doing the world a disservice by refusing to confront reality: on the right, by denying the science; on the left, by denying the economics.
1. This is far too casually written, which is my way of saying “well it might be wrong but I’m not going to admit that explicitly”; I was pulled up by #3. The regulation criticism is fine – the left is far far too keen on regulation as a solution2; as for the ETS, I suspect the left prefers ETS to a carbon tax because the ETS is stupider; but the alternative view – that the left dislikes the ETS because it is a market based mechanism – is also defensible and even more deeply stupid of the left.
2. Limited, market-based, regulation is fine. But it should do its best to avoid being intrusive, and to allow people to solve the problem in whatever way seems best to them, rather than mandating exact solutions.