Monday, September 1, 2008

Why the ETS Bill is fundamentally flawed

A recent post at The NZ Climate Science Coalition website spells out the massive financial cost and folly of Labour's religious zeal over passing the fraudulent Emissions Trading Bill.

It is well worth a read.

“There is something fascinating about science”, observed Mark Twain. “One gets such wholesale returns of conjecture out of such a trifling investment of fact”. His observation is still pertinent today as I will shortly demonstrate. But there is something equally fascinating about politics when far reaching and intrusive legislation can be built upon poorly conceived and flawed ideas. So imagine the impact on society then when a scientific hypothesis that is based on little more than conjecture is used to justify wide-ranging and economically damaging legislation. Everyone loses.

Continued

Related Political Animal reading

Kyoto critic comes to town
Global warming: Power to the people
Carbon Credit trading puts markets at extreme risk
Global Warning: Tax iceberg ahead
Unstoppable global warming
Earth Day: Turn on, tune out, buy some candles
TIME magazine slips inconvenient truth past its readers
The Great Global Warming Swindle
PRIME TV PRESENTS: The Great Global Warming Swindle
Kristen Byrnes-Ponder the Maunder
Helen Clark and Jeanette Fitzsimmons in conflict with business
Of tulip bulbs and tooth fairies

c Political Animal 2008

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