Climate Change Policy: Challenging the Activists

87 Pages Posted: 10 Dec 2008

See all articles by Colin Robinson

Colin Robinson

University of Surrey - Department of Economics

Ian Byatt

affiliation not provided to SSRN

David Henderson

City University of London - Institute of Economic Affairs

Russell Lewis

affiliation not provided to SSRN

Julian Morris

International Center for Law and Economics; Reason Foundation; IEA, Institute of Economic Affairs, U.K.

Alan Peacock

David Hume Institute

Date Written: September 24, 2008

Abstract

There is currently a consensus amongst the political establishment - and amongst the intellectual communities that feed into it - that detailed and wide-ranging government intervention is necessary to combat the effects of climate change. This monograph challenges that consensus.

The authors look in detail at a number of the underlying assumptions and proposals of the policy activists and find that there is enormous uncertainty relating both to the economics and to the science of climate change. As one author shows, the policy activists have form: alarmists have been wrong, time and time again, about ecological disasters.

However, the authors of this monograph have more humility than their critics. They do not argue that there is no threat from climate change, merely that the level of uncertainty is huge. Given this uncertainty, and the historic failure of central planning to do anything other than undermine economic welfare, the editor, Colin Robinson, one of the country's leading energy economists, argues that it is prudent to proceed with caution. The flexibility of the market economy will deal better than central planning with any problems arising from man-made climate change. The wide ranging array of regulations, taxes, subsidies and artificially created incentives proposed by climate change activists should be rejected.

Keywords: climate change policy, climate change facts, climate change adaptation, global warming myths, global warming solutions

JEL Classification: D62, D73, G38, H11, H23, H41, K32, N50, Q28, Q29, Q48

Suggested Citation

Robinson, Colin and Byatt, Ian and Henderson, David and Lewis, Russell and Morris, Julian and Peacock, Alan, Climate Change Policy: Challenging the Activists (September 24, 2008). Institute of Economic Affairs Monographs, Readings 62. Available at SSRN: https://ssrn.com/abstract=1313624

Colin Robinson (Contact Author)

University of Surrey - Department of Economics ( email )

Guildford
Surrey GU2 7XH
United Kingdom
+44 1483 682782 (Phone)
+44 1483 689548 (Fax)

Ian Byatt

affiliation not provided to SSRN ( email )

David Henderson

City University of London - Institute of Economic Affairs ( email )

London, England
United Kingdom

Russell Lewis

affiliation not provided to SSRN ( email )

Julian Morris

International Center for Law and Economics ( email )

2117 NE Oregon St. Ste 501
Portland, OR 97232
United States

HOME PAGE: http://https://laweconcenter.org/author/julianmorriss/

Reason Foundation ( email )

United States

HOME PAGE: http://www.reason.org

IEA, Institute of Economic Affairs, U.K.

2 Lord North Street
London SW1P 3LB
United Kingdom

Alan Peacock

David Hume Institute ( email )

21 George Square
Edinburgh EH8 9LD, Scotland
United Kingdom

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