[Editor Note: This reprint of a February 2009 post by Robert Murphy at MasterResource is back in play regarding the self-styled conversion of Jerry Taylor from skeptic to climate alarmist. Taylor, a principal at MasterResource at the time, was well aware of the Martin Weitzman argument (below) but claims he was introduced to and converted by it years later.]

The funny thing about carbon pricing is that even if you take the latest IPCC report as gospel, and even if you assume all of the governments around the world implement a perfectly efficient carbon tax, even so the “efficient” carbon tax ends up being fairly low for a few decades, and then it ramps up as atmospheric concentrations increase.  (See William Nordhaus’s new book treatment of his “DICE” model for an excellent exposition.) …

Bradley has tackled a vast and dynamic energy landscape through the big prism of Enron. He was wise to include necessary contexts for 15 chapters of markets and personalities. Navigating FERC deregulation orders over a decade was a fearsome writing task, done well. Pipeline and power plant deals at home and abroad; solar, wind, and other alternative energies, the list goes on. Politics in Austin, Washington, DC, and foreign capitals. Enron was everywhere.

Robert L. Bradley Jr. has written a very important book about Houston’s most controversial company. This is the first of a two-volume corporate biography chronicling the rise, fall, and aftermath of Enron; his tetralogy has already produced a book on worldview (Capitalism at Work: 2009) and prehistory (Edison to Enron: 2011).

Few observers have been as ideally located to chronicle this modern-day version of a Greek tragedy.…

“Thus, as of today, the United States will cease all implementation of the non-binding Paris Accord and the draconian financial and economic burdens the agreement imposes on our country. This includes ending the implementation of the nationally determined contribution and, very importantly, the Green Climate Fund which is costing the United States a vast fortune.”

“The United States, under the Trump administration, will continue to be the cleanest and most environmentally friendly country on Earth…. We will be environmentally friendly, but we’re not going to put our businesses out of work and we’re not going to lose our jobs.”

On June 1, 2017, President Trump provided what is arguably the greatest political victory for anti-Malthusian, pro-market environmentalism with his decision to withdraw the U.S. from the Paris climate accord.

Saturday marks the second anniversary of this historic decision.…

Joe Romm, founder of ClimateProgress (now part of ThinkProgress) at the Center for American Progress, is the bully man against anyone daring to challenge the narrative of man-made climate peril and the affordability of government-forced transformation away from mineral (dense) energies.

His ire has included two editorialists at the New York Times who are not buying climate catastrophe–Bret Stephens and Ross Douthat. But with the losing politics of carbon dioxide (CO2) rationing, not to mention the open scientific questions of climate sensitivity, these two opinion-molders have the high ground.

Bret Stephens

Romm lambasted the Times in 2017 for hiring “extreme climate science denier” Bret Stephens, a characterization that brought rebuke from the Washington Post and other Left outlets. [1]

Most recently, Romm complained about Stephens’s interpretation of Nancy Pelosi’s rejection of the Green New Deal as incrementalism.…