Craig Steiner, u.s. Common Sense American Conservatism |
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They already pay the most when it comes to taxes, and if a group of scientists have their way, the wealthy could soon be on the hook for their greenhouse emissions, too... So we now have scientists trying to make a case for international wealth redistribution. This is basically an excuse for Kyoto-style environmental policy where industrialized nations are subject to restrictions in carbon-emission while developing/poor countries get a pass. Kyoto was rejected during the Clinton administration precisely because the U.S. would be subject to carbon limits while developing nations such as China and India would not be subject to those limits. Now we have scientists proposing the exact same thing that was rejected a decade ago. The first question is, of course, why scientists are out there proposing public policy rather than politicians and/or economists. The second point is that their prescription above is obviously flawed. Basing carbon limits on how many wealthy people there are is a non-starter when China is the largest carbon emitter on the planet but is also still communistic. If any wealth obtained by China is held in the hands of very, very few people and the rest is redistributed among over a billion people, it's entirely possible that China will have very few super-wealthy, more than a billion poor people, and will continue to be exempt from carbon limits. This is the same Kyoto-style recipe for transferring wealth and jobs to developing countries at the expense of the industrialized world, but it adds incentives to developing countries to keep their people poor to avoid carbon limits, while keeping new wealth in the hands of a very few people in an elite class. So with this proposal worldwide CO2 won't be reduced, the industrial world loses jobs and wealth, and the poor in developing country will most likely stay poor. The only ones who benefit from this are rich elites in developing countries. This is what these scientists are proposing? Maybe they should stick to science. But many of them seem to have abandoned science when they got onto the global warming bandwagon. Go to the article list |