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kleinbl00 · 3731 days ago · link · · parent · post: "California in the Great Drought is once again Exhibit A, a living diorama of how the future is going to look for a lot of us."
I really don't feel that I can comment intelligently. My assessment of the situation is that both carbon taxes and cap-and-trade are attempts to internalize the externalities of emissions so either is better than neither. This is not an intelligent assessment, however, and the product of a sketchy understanding of the realities on the ground at best. I know that market forces will act quicker when there is money to be made.