IMHO constricting supply does not necessarily reduce demand. It may bring about technology changes that either increase supply again ("Guys, what if we then process the tar sands...") or reduce demand ("Wait, if we make the cars more aerodynamic they will consume less fuel!").
If you believe climate change as a direct consequence of the burning of fossil fuels then you should be all in favor of reducing demand - even as a tax on consumption.
Well, that's the progressive argument. I'm hoping there's a better way that doesn't cause as much pain.
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We can agree that the government regulating behaviour in this way is not going to win any libertarian friends (and that governments generally do a poor job of such endeavours). However, as long as pollution does not have an intrinsic cost, the free market will continue to pollute. This is exactly why publications such as The Economist continues to argue for a carbon tax/trading scheme.
Indeed it does not win any libertarian friends.
I believe this issue and the skepticism around it is
not about science and never has been. This is just one issue in a long list of issues where politicians are attempting to increase the power of the state. Any problem where more centralized power in any monopolistic/oligarchic institution is the proposed solution will generate skepticism.
This issue is precisely that, but on steroids. The science, fortunately or unfortunately, will continue to be a charade for people who like to argue. I do not think there will be serious discussion about the science until this stops looking like a power-grab.
Well, my opinion is probably influenced by being from another continent where the environment is more of an issue.
But I think it is possible to find other reasons than global warming or climate change(for the worse, obviously) to stop using fossil fuels to the extent we are doing so today (energy self sufficiency being one). In general I think we accomplish too little with the energy we use in the developed world and would like to see better efficiency in use and better use of renewables. In the longer term I think this will be best for our societies. A carbon tax (and eventually a SOx tax or a NOx tax etc) would be a small price to pay to make our societies move in a more sustainable manner. Clearly the income will have to be spent on something that is at least as worthwhile as what we spend the money on today or indeed it could be used to lower the income tax so it becomes a realistic choice for the consumer to go for more a sustainable option.
Climate change is a very effective communication device though as it appeals to self preservation and thus eliminates the time consuming wheeling and dealing to get things thought political channels that can be deadlocked on the issue as e.g. in the USA. It also shortcuts the discussion around industry(lobbyism) and jobs rather effectively. Is it a fair communication device? Possibly not. Can it move mountains? Remains to be seen but certainly it (and 9/11) has gotten the issue of energy selfsufficiency on the table in a big way, which I find is a positive.
I happen to believe that climate change as we see it today, pause or not, is to a large extent extent man made. I am not considering reversing it but I would like to be able to continue to live where I have chosen to live without rising sea level making me a refugee in my waning years. Reversing the change I believe is calling for engineering (and sacrifice) at a level I think I will want to postpone for a bit, until technology can relieve the brunt of it. Arresting the change here, or close to here, while the inhabited parts of Earth are still habitable is to me a goal we can and should pursue.
If we do it in the smart way, we also gain energy selfsufficiency and do not have to pay gargantuan sums to someone akin to feudal warlords whose philosophy is diametrically opposed to ours, allowing them to live a life of opulence while expousing said philosophy on the world. These sums we instead pay to our own engineers and scientists that come up with solutions to wean us of our oil addiction, helping our own economies, instead of theirs. If big oil wants to survive they will have to become big energy instead.