jshore,
I never said I don’t “believe” in market economics. You did correctly guess that you and I don’t agree on how to handle the market economics of this issue. That hardly means I don’t “believe” in it though.
You are correct that the entire breadth of this issue can not be discussed without talking about market economics. I was implying that in my comments of why the current proposed solutions will fail, mainly because the approaches will not work in the reality of the markets.
Take the Kyoto Protocol. Its un-natural attempt at inflating the cost of carbon energies to reduce consumption is flawed to the point of being useless, so much so, that I wonder at why it is being used since it can’t possibly do what they tell us it is supposed to do. Especially when, from a high level, the Kyoto Protocol looks like a giant wealth distribution scheme, something socialist politicians have long said is the solution to all economic problems, not just global warming.
You see I am Libertarian by nature. I bet that will help you better understand where I stand on regulation as a means of controlling the markets. I don’t think it works. So, I can hardly support more to solve this issue. To be specific regulations do accomplish things, but I don’t think they are an affective means to influence the buyers wants and choices.
I do think that the markets will be the driver for the solution to this problem though. When a viable, cleaner, more efficient energy technology is invented, that has a comparable cost to carbon energies, humans will choose that energy over carbon. Pretty simple.
The Kyoto Protocol approach is to falsely inflate the cost of carbon energies to the point where it costs more than the alternatives. You can claim supposed costs of global warming catastrophes if you like but I bet you know how those will be received by me.
My approach would be to invest in technology development to invent something that has comparable costs to current/future carbon energies and causes less pollution. I can not agree with you that regulation is the only means to control this though, even if regulation were affective. If today the perfect energy source were invented and cost little to nothing then it would be used and no regulation would be required. Now, my example is extreme, but there has to be some middle ground, and there is, just look at any replacement technology ever invented. When it became cheaper to make/sell/buy it was used in mass and replaced its predecessor.
I suppose the reality is both will be done. There will be people who want to fight this through regulation and those that want to find a solution that won’t deprive people of the benefits of modern living.