June 15, 2009
Some recent commenters have suggested that I put up or shut up on this global warming shit. “Give a solution instead of being part of the problem” they say (damn that was hard not to put “problem” in quotes). Maybe you bitches have a point so here we go. Problem: Global Warming. Solution: Warming tax. If temperatures rise as predicted by what the UN climate models and their “consensus” of scientists say are correct then the tax on carbon emissions goes up dramatically. If the temperatures fall, the tax goes down. Surprisingly, this is not my idea but that of economist Ross McKitrick. He points out:
The IPCC predicts a warming rate in the tropical troposphere of about double that at the surface, implying about 0.2C to 1.2C per decade in the tropical troposphere under greenhouse-forcing scenarios. That implies the tax will climb by $4 to $24 per tonne per decade, a much more aggressive schedule of emission fee increases than most current proposals. At the upper end of warming forecasts, the tax could reach $200 per tonne of CO2 by 2100, forcing major carbon-emission reductions and a global shift to non-carbon energy sources.
Global-warming activists would like this. But so would skeptics, because they believe the models are exaggerating the warming forecasts.
Under the T3 tax, the regulator gets to call everyone’s bluff at once, without gambling in advance on who is right. If the tax goes up, it ought to have. If it doesn’t go up, it shouldn’t have. Either way we get a sensible outcome.
That makes sense. Wow. Look at me. Promoting a solution.