While pundits fantasize and then bicker over the domestic machinations they see behind President Obama’s response to the crisis in Haiti, I see a missed opportunity to explore its benefits as a propaganda tool in the War on Terror.
In the first part of this post I identified 10 features of cap and trade, the favored climate policy of many policy elites at this point in time, that make the policy ineffectual. I outlined how cap and trade was sold to America and the world based on faulty assumptions as well as its superficial political appeal to the then Clinton Administration.
I favor some of the more aggressive actions to avert climate catastrophe, actions which nevertheless do not compromise the continuity of human life and well-being. The climate which enabled our evolution as a species and the societies upon which we depend has almost no price attached to it. Averting this calamity, if we can, is the moral equivalent of war.
Beyond Westminster, is a BBC radio programme that as the name implies is about issues of UK politics. This Saturday it was all about the attitudes and values held by of older voters and the implications for the policies of the main political parties – and for the other age groups in the population.
One of the limitations of carbon pricing is that, as a support for renewable energy or other clean generation technologies, it is a roundabout and scattered means of “leveling the playing field”. Energy markets that still enjoy the climate-altering bonanza of fossil fuels are generally less excited from a narrow utilitarian perspective about renewable energy without heavy policy support, excepting in some areas large onshore wind projects.
In part 1 of this very long blog post, I described how the current economic crisis has reversed the prestige and standing of two competing schools of economic thought that are also attached to distinct worldviews, monetarism/supply side vs. Keynesianism.