Green Financial Advisor Makes the Case for a “Free Market” Carbon Tax
By Eric Worrall | Watts Up With That? | January 27, 2019
According to green fund manager Erik Kobayashi-Solomon a carbon tax is the free market solution to the climate crisis.
Carbon Tax: The Ultimate Free Market Solution To Climate Change
Erik Kobayashi-Solomon | Forbes | January 25, 2019
… Unlike a lot of mush-minded Greenies, I am under no illusion that a tax on carbon emissions will discourage people from burning carbon-based fuel or will serve just retribution on wasteful capitalists. Nor do I think that the taxing authority will use the collected funds for anything other than a typically idiotic boondoggle. In fact, I do not even believe that a carbon tax will do anything to stop the near-term effects of climate change (there is plenty of heat stored in the ocean, and those chickens will take decades to come home to roost).
No. My reasoning is based completely on free market considerations.
Humans do one thing phenomenally well: adapt to obstacles. If there is a mountain in front of us, we’ll climb it, build a tunnel through it, construct a road around it, and throw up a scenic overlook on the side of it.
The pure expression of human adaptability is the free market system. […]
Let’s say that the federal government enacted a levy of $10 per ton of CO2 emitted — a pittance next to the true, non-externalized cost of carbon.
The fact is that a $10 / ton carbon tax will do nothing or next to nothing to end prices or to the amount of CO2 released into the atmosphere. However, it will release the adaptive creativity of engineers and business people trying to find ways to help companies extract as much profit after the tax is imposed as they did before. […]
Then, it will be time to raise that tax to $15 / ton so we can watch the same wealth creating process occur once again. … Full article
Some people might find it fascinating to poke an ant’s nest with a big stick, to watch the ants unleash their “adaptive creativity” to repair the damage. But being poked with a big stick is pretty hard on the ants.
Here’s a radical thought Erik – instead of trying to argue the virtues of persuading politicians to coerce the “free market”, instead of celebrating the sacrifice and adaptability people would employ to overcome your artificial carbon tax mountain, how about developing products which people would want to purchase of their own free will?
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January 27, 2019 - Posted by aletho | Economics, Science and Pseudo-Science, Supremacism, Social Darwinism, Timeless or most popular | Human rights
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Are the Jews indigenous to Palestine?
By David Miller | Al Mayadeen | August 3, 2022
There is a rising tide of claims from apologists for the crimes of Zionism that they have been misunderstood. Palestinians might be indigenous to Palestine, but the Jews definitely are. What is called the ‘Israel-Palestine’ conflict, they say, is competition over the same small piece of land by two rival groups of indigenous people. But are the Jews indigenous to the Levant? And what are the consequences of the argument?
In fact, most of the power structure of the Zionist state is dominated by Ashkenazi Jews who have no ancestral link to Palestine. Overall despite very significant financial and infrastructural contributions from Western European countries (especially the US, UK and France, for example via the Rothschild family), Eastern European Ashkenazim have been at the centre of the Zionist power structure since the early years of the 20th Century. … continue
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