Not that we needed proof that the ideology of market mechanisms and carbon taxes as a cure to environmental problems is a total sham. We now have enough evidence to convict the perpetrators for first degree economic policy fraud. The evidence mounts around the world, but now mostly in the United States of America, where President Barack Obama and Democrats in Congress are on the brink of burying real markets in energy and automobiles under the biggest command-and-control economic experiments since the great totalitarian regimes of the 20th century.RTWT.
"I think our party has got into a mess on the environment. As a practical matter of politics, nobody knows what (Kyoto) is or what it commits us to." Michael Ignatieff
Thursday, May 21, 2009
Corcoran: Capped, traded and scammed by fake markets
Terence Corcoran in the Financial Post:
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