Nothing is a market until you make it a market. All markets are artificial: they require the government to recognize and legitimate property rights in a particu

Nothing is a market until you make it a market. All markets are artificial: they require the government to recognize and legitimate property rights in a particular good and therefore allow the market in that good to be governed by the rule of law. I was a promoter of cap-and-trade for a long time, but the data, which I cited in my original post, suggest that straight carbon taxes work better. They are simpler to implement and demonstrably effective, and allow the reduction of income taxes and corporate taxes. Am I correct in assuming you are in favour of higher income taxes and corporate taxes? This seems odd to me: I think it makes more sense to tax things we don't want (dumping gigatonnes of garbage into the atmosphere) and lower taxes on things we do want (people making oodles of money.) The claim that you can't expect emissions reductions from carbon taxes is simply false, on the data. I believe in the data. Why should I believe an unsubstantiated claim to the contrary?