I copy below comments I made on June 11 (Tokyo time) on Bob Murphy 's June 4 blog post, Cap and Trade Is Not a "Market Solution" , that have apparently been held up for moderator approval (perhaps because my three links triggered the blog's spam defenses?): Bob, I thank you for posting...
Posted to
TT`s Lost in Tokyo
by
TokyoTom
on Thu, Jun 5 2008
Filed under: Richard Tol, climate change, Weitzman, Nordhaus, Bob Murphy, cap and trade, Mankiw