Reply To: Cap and Trade

[Brian H]

But to continue about precautionary Cap-and-Trade. You are stating/implying that it is harmless or benign. Nothing could be further from the truth. As Bastiat tries to show people, the “unseen” (aka Law of Unintended Consequences) must always be looked for. The deflection of resources away from what actually works and keeps people growing and economically thriving is immense, far outweighing the apparent benefits (as I mentioned above, by a 2.2:1 ratio in Spain). It’s a matter of life and death to many in Africa, India, and Asia, e.g., but is significant everywhere.
http://www.westernroundtable.net/mail/util.cfm?gpiv=2100046527.292136.423&gen=1
http://www.cbsnews.com/blogs/2009/09/15/taking_liberties/entry5314040.shtml
http://en.cop15.dk/news/view+news?newsid=2047
http://www.iberica2000.org/Es/Articulo.asp?Id=4095

Your worry about the graph since 1985 is also in error. Since the peak in 1998, the global temperature has been flat or declining, and the “climate changeologists” now concede there may be a wee temporary severe cooling for the next 20-40 years. IOW, they don’t know their elbows from their armpits.

Global warming, even the massive 6°C+ peak in the Halocene Optimum, about 5000+ years ago, has produced boom times for humanity (and other species, including polar bears — whose populations surge when it gets warmer (more food) ).

The only precautions needed are those to prevent the Cap-and-Traders from ravaging the world economy.