Editor note: This responds to Professor Dolan’s post yesterday, “Hayek and a Carbon Tax: Response to Bradley, which answered Bradley’s post two days ago, “Hayek was not a Malthusian or Global Tariff Advocate (link to a carbon tax peculiar, errant).” The debate began with Dolan’s original piece, “Friedrich Hayek on Carbon Taxes.”
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…“… let’s add the ‘fat tail’ of the global CO2 blanket protecting against a little ice age or an ice age in the next several hundred years. Why not think of global lukewarming as a short-term positive, and the CO2 blanket as a long-term positive?”
“Classical liberals should be focused on adaptation to climate change, natural or anthropogenic, which is wealth-as-health and free movements of goods and services and people.
“Professor Dolan is invited to study the Hayek literature to see if any of the above nine points are not valid. The burden of proof is on him to try to square a classical liberal with disputed externality pricing, ‘tax-bads’ public finance, international tariffs, equity tax-dividend adjustments, and government planning.”
Yale economics PhD Ed Dolan recently attempted to link the classical liberal scholar F. A. Hayek (1899–1992) to a carbon tax in a piece published by the (misnamed) Niskanen Center. [1]
“Friedrich Hayek on Carbon Taxes” is more than unconvincing. It is shoddy. It fails to make its point and (purposefully?) neglects the obvious themes of Hayekian economics and political economy for a generic issue such as climate change.
Professor Dolan begins by admitting that Hayek never wrote anything on the subject.…
…“Watch what happens in Paris carefully to see if all that the leaders do is sign off on the pap that UN bureaucrats are putting together, indulgences and promises to reduce future emissions, and then clap each other on the back and declare success.”
“Big Green consists of several ‘environmental’ organizations, including Environmental Defense Fund (EDF) and National Resources Defense Council (NRDC), each with $100+M budgets, each springing from high-minded useful beginnings, each with more high-priced lawyers than you can shake a stick at. EDF …was chief architect of the disastrous Kyoto lemon. NRDC proudly claims credit for Obama’s EPA strategy and foolishly allows it to migrate to Paris.”
– James Hansen, “Isolation of 1600 Pennsylvania Avenue: Part I,” November 27, 2015.
“[The Paris agreement] is a fraud really, a fake.