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Libertarians, less anarchist than you might think

BJ | June 11, 2008 12:46 pm

There’s a great article in the latest reason magazine that has Ronald Bailey looking for a solution to global warming. As a reason magazine science correspondent he’s about as libertarian as you can get.

It was neat to see the author of Eco-Scam: The False Prophets of Environmental Apocalypse to then say this in 2005.

Anyone still holding onto the idea that there is no global warming ought to hang it up. All data sets—satellite, surface, and balloon—have been pointing to rising global temperatures. In fact, they all have had upward-pointing arrows for nearly a decade.

You can read the full text at reason online.

Obviously they believe the private market should solve the issue, but there’s no real reason for them to do so. Their proposals, spoken through clenched teeth it seems, are either a cap and trade system or carbon taxes.

The only true effect of all this is to make a competitive market and begin to quanitify the negative externality of climate change as related to greenhouse gas emissions by energy producers. I suggest reading the article.