“With the very unique situation of CO2 (a global externality of positives and negatives), government mitigation is doomed to fail. Sooner or later, you will have to admit that politics failed, that fossil fuels were just too good given the alternatives of non-use, renewables, nuclear.” (Bradley to Dessler #1, August 3, 2019)

“We have not only market failure but also analytical failure (imperfect you, me, others) and government failure, which is magnified by 190 or so governments.” (Bradley to Dessler #2, August 3, 2019)

I have been critical of Texas A&M climatologist and Green New Dealer Andrew Dessler for some time now. He is far too certain about climate doom (“climate dystopia,” to use his term) and refuses to see the risks in climate policy, not only physical climate change.…

“Good profit can only result from creating value for the consumer. It is the manifestation of the entrepreneur’s respect for what the customer values.”

– Charles Koch, Good Profit (New York: Crown Business, 2015), p. 244.

“Documents Shine New Light on Koch Brothers’ Early Efforts to Abolish the Department of Energy,” reads the headline of a new report about Charles and David Koch by Desmog Blog. This organization/site also announced a Koch Network Database,

a new resource library built by DeSmog to assist journalists, academic researchers, and the public to learn more about the backgrounds of individuals and organizations associated with billionaire fossil fuel industrialists Charles Koch and David Koch‘s free market approach to a broad spectrum of civic issues.

As just a compilation of individuals and groups and their purpose and work, “guilty as charged” would apply.…

“What is needed is universally affordable air conditioning, which means inexpensive power to run the units. The Green New Deal and, specifically, a carbon tax, whether during the summer cooling peak or the winter heating peak, is a death wish for humane, comfortable living.”

Red, white, and blue Americans should stay comfortable this summer and not heed calls for voluntary A/C conservation. Ditching self-interest is a step on the road to energy serfdom where “carbon guilt” is adjunct to mandatory policies. Citizen voters should be clear: affordable, plentiful free-market energy comes before sacrificial political energy.

Media Spin

The mainstream media, pushing climate alarmism doubly as an anti-Trump meme, is focused on heat waves and the irony of increased CO2 emissions from more air conditioning.

“Historic heat wave is double whammy for climate change,” reads The Hill.…

[Editor Note: This reprint of a February 2009 post by Robert Murphy at MasterResource is back in play regarding the self-styled conversion of Jerry Taylor from skeptic to climate alarmist. Taylor, a principal at MasterResource at the time, was well aware of the Martin Weitzman argument (below) but claims he was introduced to and converted by it years later.]

The funny thing about carbon pricing is that even if you take the latest IPCC report as gospel, and even if you assume all of the governments around the world implement a perfectly efficient carbon tax, even so the “efficient” carbon tax ends up being fairly low for a few decades, and then it ramps up as atmospheric concentrations increase.  (See William Nordhaus’s new book treatment of his “DICE” model for an excellent exposition.) …