Carbon tax smackdown: Terence Corcoran says higher prices at the pump don’t mean fewer emissions

From The National Post Newsflash: People do not change their behaviour in the face of rising prices when the product is essential to their economic success Terence Corcoran May 25, 2019 9:14 AM EDT “Be it resolved that a carbon tax is the policy Canada needs to fight climate change.” Terence Corcoran and Andrew Coyne…

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Of discount rates and candy-canes

By Christopher Monckton of Brenchley “The time has come,” the Walrus said, “To talk of many things: Of shoes and ships and sealing-wax, Of cabbages and kings, And why the sea is boiling hot, And whether pigs have wings.” Lewis Carroll, Aliciae per speculum transitus Dr Mark Freeman (January 4) wrote that the 5% intertemporal…

IS NORDHAUS’ DISCOUNT RATE REALLY TOO LOW?

We received this article as a rebuttal to our earlier post by David Middleton:  “The Nobel Prize for Climate Catastrophe”… Seriously? ~ctm Guest post by Mark Freeman “’The Nobel Prize for Climate Catastrophe’… Seriously?” (WUWT, 21st December 2018) highlights the crucial role that the discount rate plays in determining optimal climate policy. Because of the…