Jerry Taylor has written a lawyer’s brief for climate alarmism and open-ended forced energy transformation via the tax code. Might he like to demolish his new ideas in a second White Paper–“The Libertarian Case Against ‘The Conservative Case for a Carbon Tax'”? It is in his head and can be put on paper–if his emotions can get out of the way.

The intellectual case for government control of greenhouse gas emissions–the all-in cause of the anti-industrial neo-Malthusians–has always been suspect, not unlike earlier man-versus-earth outcries. But climate alarm has become weaker since its heyday (1988–98) for several reasons.

First, temperature rise has slowed significantly in the last 18 years (the warming “pause” or “hiatus“). Second, sensitivity estimates have been coming down toward long-held “skeptic” levels. Third, “fat tail” extreme-warming scenarios for risk analysis are under  assault. …

The longtime chairman of the Cato Institute, William N. Niskanen, passed away last week at age 78. We shared the podium a few times on energy issues, and I admired his Enron project at Cato that resulted in two books, Corporate Aftershock: Lessons from the Collapse of Enron and Other Major Corporations (2003) and After Enron: Lessons for Public Policy (2005).

Like virtually everyone else who knew him, I remember Bill as a scholar and gentleman. He had one tone of voice and reliably imparted insightful logic. He was what I like to call a scholar’s scholar, role model for the rest of us.

Career

William Arthur Niskanen Jr. (1933–2011), born in Bend, Oregon, graduated from Harvard University with a degree in economics in 1954. He earned his economics doctorate in 1962 from the University of Chicago.…

My least favorite think tank is Shikha Dalmia’s Institute for the Study of Modern Authoritarianism, publisher of The UnPopulist. Left-funded and a pretend classical-liberal group, it promotes a vague ‘liberalism’. ISMA is a Trump-hate group of disaffected, politically homeless folk who have forgotten that statism is the enemy, not Donald Trump. Thus, they do not apply their metrics to the Progressive Left–just Trump. And their TDS has put them at odds with normal folk. [1]

This fringe group is a home to Left Libertarians who, among other things, play up climate alarmism and thus the Climate Industrial Complex’s forced energy transformation. Jonathan Adler, who I have taken to task (without his promised rebuttal), fits right in with Shikha’s group. Employing judicial activism, Adler assumes CO2 is a deleterious pollutant to argue for tort law for the ‘victims’ (fill in the blank) to sue the ‘guilty’ (everyone, really).…

“A free market in electricity is based on private property rights and voluntary exchange.”

– Michael Giberson, May 19, 2024

It’s a start. It took me a few dozen tries, but the definition has come from a (not-so) free market electricity advocate, Mike Giberson. Maybe Lynne Kiesling, woman of system and “The Queen of Electricity Markets,” will be next.

Fake free marketeers at the Niskanen Center and at R Street Institute are a plague on sound public policy analysis regarding electricity and other climate/energy issues. The sad case of Jerry Taylor of Cato and Niskanen is recounted here and here. But the problem also is with the energy specialists at R Street, including senior fellow Giberson. (See yesterday’s post on Devin Hartman, Giberson’s boss.)

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Mike Giberson knows his energy stuff and was/is free market in many areas, except for electricity.…