21 March 2007 at 2:24 pm spostrel 2 comments
| Steven Postrel |
It looks like the rent-seekers at US-CAP are way ahead of the Pigou Club on CO2 restriction policy. So it looks like I’ll be able to oppose CO2 restriction not just on its own merits but because the policy instrument will be inferior.
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1.
Pigou Club | 23 March 2007 at 4:18 am
Ok, we received the message. Caps are probably more popular because the end result is more obvious. In a simple mind: cutting CO2 = good, more taxes = bad. It is not easy to change that.
2.
spostrel | 23 March 2007 at 12:20 pm
The train seems to be leaving the station, is all I’m saying.