Politics from the Palouse to Puget Sound

Saturday, March 03, 2007

WSJ Pronouces Barbra Streisand on Carbon Offsets

So sorry Algore. As anybody with any sense already knows, your carbon offsets are a bunch of BS.

Al Gore's "carbon neutral lifestyle" is a veil available only to the rich and wasteful, like Al Gore. And, as it turns out, the veil is even thinner than it seems.

We don't begrudge anyone the opportunity to make a buck. But there's a difference between making money by producing things people want and making money by gaming the regulatory process. There's no market here unless the government creates one, and who has the profit opportunity depends entirely on who the government picks as the winners and the losers in designing this market in the first place. So it's no wonder that almost any business that has ever put an ounce of CO2 into the atmosphere is rushing to show its cap-and-trade bona fides.

The Goracle has no clothes.

1 comment:

Ray Lindquist said...

Like Rush said this last week sometime. He said "Mark my word this is the gound being laid for the Dem's wanting to TAX fuel" Leave it to the Rats they will always find a way to extort more of OUR money from us.