Thomas Crocker and others who came up with emissions cap-and-trade systems to control traditional air pollution a href="http://online.wsj.com/article/SB125011380094927137.html"doubt its applicability to global warming/a. One difference is the global nature of, er, global warming. Another, he said, is that warming’s costs haven’t been sufficiently quantified yet to properly price caps.br /br /The better answer, Crocker and others say, is carbon taxes.br /br /At the same time, the National Association of Manufacturers and other big biz groups claim the Waxman-Markey climate control bill, a cap-and-trade bill, could cost a href="http://thehill.com/leading-the-news/climate-bill-could-cost-2-million-jobs-2009-08-12.html"2 million jobs/a. Nonsense. Nobody in Europe talks about job losses even close to that, let alone job losses in the abstract as a major fallout of the bill.br /-END-div class="blogger-post-footer"There is no god and I am his prophet.img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/7532871-7243578016708618624?l=socraticgadfly.blogspot.com'//div
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