No Free Lunch

By The Daily Dish

Virgina Postrel:

It's infuriating how all three presidential candidates prattle on about the need to fight global warming while also complaining about the high price of gasoline. The candidates treat CO2 emissions as a social issue like gay marriage, with no economic ramifications. In the real world, barring a massive buildup of nuclear plants, reducing carbon dioxide emissions means consuming less energy and that means raising prices a lot, either directly with a tax or indirectly with a cap-and-trade permitting system.

This article available online at:

http://www.theatlantic.com/daily-dish/archive/2008/04/no-free-lunch/217677/