A Free-Market Energy Blog

Taxing Temperature as Climate Policy: McKitrick’s Proposal Reconsidered

By Robert Murphy -- January 5, 2010

A recent NYT article discussed a proposal by economist Ross McKitrick to tie CO2 taxes to global temperature increases. McKitrick’s overall aim is to offer a compromise that, he argues, should satisfy those who think the government needs to take drastic action and those who think carbon emissions pose no serious long-term threat. Although McKitrick’s idea is clever, it has theoretical difficulties and (in my opinion) would certainly not work in practice.

McKitrick’s Proposal to Tie CO2 Taxes to Temperature

The NYT story does a good job summarizing the idea:

[McKitrick] suggests imposing financial penalties on carbon emissions that would be set according to the temperature in the earth’s atmosphere. The penalties could start off small enough to be politically palatable to skeptical voters.

If the skeptics are right and the earth isn’t warming, then the penalties for burning carbon would stay small or maybe even disappear.

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Climategate: Here Comes Courage! (Is climate catastrophism losing its ‘politically correct’ grip?)

By Robert Bradley Jr. -- January 4, 2010

The times are changing in the wake of Climategate. And more is to come as the polluted science embedded in the email exchanges gets reviewed by talented amateurs and pros alike on the blogosphere (see Climate Audit,  Roger Pielke Jr., and WattsUpWithThat, in particular).

Given time, the rethink will go mainstream. Scientists are truth seekers at heart, but an entrenched mainstream of climate scientists–so many of them friends and political allies–will need to be nudged out of their denialism.

Old voices are challenging their ‘mainstream’ colleagues, and new voices are coming forth. I have seen this clearly here in Houston (examples below), and I expect it is happening elsewhere.

Consider what Andy Revkin, the recently retired climate-change science writer at the New York Times, told the public editor at the Times regarding Climategate: “Our coverage, looked at in toto, has never bought the catastrophe conclusion and always aimed to examine the potential for both overstatement and understatement.”

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Ken Green on the New ‘Denialists’ (circling the wagons on Climategate)

By -- January 2, 2010

 [Editor Note: This piece originally appeared in the Calgary Herald on December 28th. It should be noted that a new website is devoted to Climategate.]

Responses to “Climategate”–the leaked e-mails from Britain’s University of East Anglia and its Climatic Research Unit — remind me of the line “Are your feet wet? Can you see the pyramids? That’s because you’re in denial.”

Climate catastrophists like Al Gore and the UN’s Rajendra Pachauri are downplaying Climategate: it’s only a few intemperate scientists; there’s no real evidence of wrongdoing; now let’s persecute the whistleblower. In Calgary, the latest fellow trying to use the Monty Python “nothing to see here, move along” routine is David Mayne Reid, who penned a column last week denying the importance of Climategate.

Unfortunately for Professor Reid, old saws won’t work in the Internet age: Climategate has blazed across the Internet, blogosphere, and social networking sites.…

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Julian Simon on the Ultimate Resource (Forget Peak Oil, Worry About Peak Government)

By Robert Bradley Jr. -- January 1, 2010
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Dear John Holdren: Where is our “Indispensable,” “Reliable,” “Affordable” Energy?

By Robert Bradley Jr. -- December 31, 2009
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Classical Energy Thinking: Right on Renewables (intermittency), Not-so-Right on Fossil Fuels (coming exhaustion)

By Robert Bradley Jr. -- December 30, 2009
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Industrial Wind Power: An Old, Tried Failure (the intermittency curse then and now)

By Robert Bradley Jr. -- December 29, 2009
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MasterResource’s 1st Anniversary: 300,000 Views; A Top ‘Green Blog’

By -- December 28, 2009
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WSJ’s “Heard on the Street”: Political Energy Down, Market Energy Up Post-Copenhagen (Remembering the risks of Enron’s political capitalism model)

By Robert Bradley Jr. -- December 26, 2009
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Three Cheers for Holiday Lights!

By Robert Bradley Jr. -- December 25, 2009
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