Tell us How You Really Feel
May 19th, 2009Posted by: Roger Pielke, Jr.
The Financial Times gives its impression of the cap and trade proposals now being debated in the U.S. Congress:
On the drawing board is a vast and unfathomably complex new system, which fosters corruption, raises little revenue and tries to suppress the incentives that are its entire purpose. Otherwise, it all looks quite promising.
May 19th, 2009 at 11:52 am
If the authors of the cap and trade bill have the same motives and ethics as Roger then indeed they are stunningly stupid. However, if the chairmen of powerful House committees get their positions by a high level of understanding of the acquisition and use of power, then they must not share Roger’s motives and certainly not his ethics.
Here’s a good mind game: Imagine that Waxman and Markey have your level of understanding of the science of Global Warming and deduce their motives for drafting that bill. Then calm down.