Tuesday, June 03, 2008

Is this a trick question?

It's not in my bailiwick, so maybe I'm missing something, but why is anyone even considering this cap-and-trade nonsense rather than a carbon tax? They're both taxes, except that a carbon tax doesn't give the government huge new powers over the means of production,.... Mark Krikorian (who I normally think is a moron but he's got this one)

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