The Power of Independent Thinking


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Volume 8  Number 4  •  Spring 2004
Other Issues:  

Global Warming and Its Dangers
By J. R. Clark, Dwight R. Lee
This article appeared in the Spring 2004 issue of The Independent Review

Market incentives probably would reduce any serious harm from global warming more effectively than mandatory reductions of greenhouse gases. But although creating global markets for permits to emit carbon dioxide would cut the cost of emissions reduction, those whose interests are attached to government control strenuously oppose such markets.

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