CO2 pricing: crony plan to harm the masses

CO2 pricing schemes do not understand the concept of scarce good or how they are allocated. They do not recognize the importance of property rights.  These faux price systems neglect the inner workings and discuss only massive top-down crony rules and regulations (that would guarantee to benefit politically connected people and companies at the expense of the hapless taxpayer who just needs to heat his home).

Market prices could and should be used to allocate any scarce good. If producers predict increasing scarcity of fossil fuels, the price will rise. The rising price will draw more resources into that line of production. The increase in activity will exploit new ways of finding and extracting currently infeasible stores of oil. We will all be better off.

Pollution and climate change should be dealt with via property rights. Before the days of the “public interest” (which really means government interest) individuals were able to get injunctions against businesses who polluted their own property. Measurably affecting my property is trespassing. Any “bad” climate change is a result of two government problems:

1. The lack of private property (Who owns the air, the water and the skies?)
2. The failure of government to protect existing private property.

Finally, not all climate change is necessarily “bad,” let alone devastating. Some animal species might die off, but others might come into existence. Previously uninhabitable land maybe become fertile. For the “bad” things that government-controlled climate supporters predict, human beings are highly adaptable creatures. For the particular case of rising sea levels, maybe we ought to think about how FEMA encourages waterfront housing through its insurance program, whereas private insurance premiums would be so high as to discourage it.

Supporters of a state-controlled climate take the staunchly anti-human view that increased energy consumption is a bad thing. To the contrary, increased energy consumption is a result of the vastly higher global standard of living. To use government force to reduce it is to encourage mass starvation, sickness, and death.