Carbon Tax/Cap and Trade, both gambits are too complex, too political, too gamable and too inefficient for a world of limited resources and poverty.
Thought Piece ["Cap and Trade" and "Carbon Tax" gambits are too complex, too political, too gamable and too inefficient for a world of limited resources and poverty. "California’s Cap-and-Trade Bubble, The carbon-credit market sputters, as it also has in Europe." When carbon cap and trade flopped in Europe, liberals blamed design flaws and hailed California’s embryonic program [...]