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James Hansen on Cap-and-Trade: One More Time (fee-and-dividend can be politicized too)

By Robert Bradley Jr. -- May 19, 2016

“After this Waxman/Markey bill reached 3500 pages in length I stopped counting. Every lobbyist who could raise his arm to write a paragraph got it stapled into the bill. Legislators were paying off the people who paid them off. That’s the way our Washington politics seems to work.”

– James Hansen, “Canadian Common Sense.” May 16, 2016.

As U.S. states and foreign jurisdictions contemplate or implement cap-and-trade regimes as their preferred way to price carbon dioxide (CO2), it is good to see James Hansen raise his voice–again–on the issue. One only wishes that Hansen, the father of the global warming scare twenty-six years ago, would come out for market adaptation over cap-and-trade as his second-best option.

Hansen is upset that politicians are telling him to forget his carbon tax (fee-and-dividend) idea.…

Trump’s NO to Climate Alarmism/Forced Energy Transformation (very good news from the campaign trail)

By Robert Bradley Jr. -- May 16, 2016

“I will not support or endorse a carbon tax!”

– Trump Tweet, May 13, 2016

“A Donald Trump presidency would be an environmental disaster.”

– League of Conservation Voters, May 5, 2016

The other side is screaming already. The presumptive Republican nominee for the next president of the United States is proving himself to be better than some Republicans, and even a few self-styled libertarians, in his wholesale rejection of climate alarmism and its public-policy corollary, government-forced energy transformation. (For Trump’s broader energy views, see here.)

Trump’s unequivocal policy follows another development: the rejection of a carbon tax as trade bait for abolishing climate regulation (see Robert Murphy’s post, Vox Admits There Will Be No Carbon Tax Deal).

Right and left–CO2 emission taxation deserves a speedy burial at the (misnamed) Niskanen Institute, where libertarian scholarship seems to be missing.…

Michael Brune/Sierra Club’s Non Sequitur (Letter to Koch assumes a market problem, a government solution)

By Robert Bradley Jr. -- May 5, 2016

Dear Mr. Koch,

Recently, at a Wall Street Journal forum, I heard from your company’s environmental, health and safety director, Sheryl Corrigan, that you believe that “the climate is changing,” and that “humans have a part in that.” …. [Let’s] stop denying there’s a problem and get to work solving it.

– Michael Brune, “An Open Letter to Charles Koch.” (May 5, 2016)

Does Michael Brune understand the argument of classical liberals against climate alarmism (neo-Malthusianism) and forced energy transformation (global government)? We understand the Sierra Club’s, so why not the Sierra Club ours?

Assuming that climate changes and humans are a factor in climate change does not assume that there is a global market failure. It does not assume that government can satisfactorily understand the nature of the problem or project the appropriate solution.…

From Zond to Enron Wind to GE Wind: Founder Interview (government enablement for the record)

By Robert Bradley Jr. -- May 4, 2016

On the Strategic Petroleum Reserve (1991 thoughts for today)

By Robert Bradley Jr. -- May 2, 2016

Peak Not: Michael Lynch Defeats the Mainstream

By Robert Bradley Jr. -- April 28, 2016

Epstein’s Truth to Boxer’s Power: An Energy Highlight of 2016

By Robert Bradley Jr. -- April 19, 2016

‘Hate Speech’ at Greenwire? William Gray, RIP

By Robert Bradley Jr. -- April 18, 2016

The Morality of Market Energy (Testimony of Alex Epstein)

By Robert Bradley Jr. -- April 13, 2016

Recycling: Uneconomic Is Wasteful

By Robert Bradley Jr. -- April 12, 2016