02 Jul '11, 8am

Contrasting views on geo-engineering. James Murray and (wiser?) Herman Daly

“We are capable of shutting off the sun and the stars because they do not pay a dividend.” — John Maynard Keynes, 1933 Frederic Bastiat’s classic satire, “Petition of the Candlemakers Against the Sun “, has been given new relevance. Written in 1845 in defense of free trade and against national protectionism in France, it can now be applied quite literally to the cosmic protectionists who want to protect the global fossil fuel-based growth economy against “unfair” competition from sunlight — a free good. The free flow of solar radiation that powers life on earth should be diminished, suggest some, including American Enterprise Institute’s S. Thernstrom (Washington Post 6/13/09, p. A15), because it threatens the growth of our candle-making economy that requires filling the atmosphere with heat-trapping gasses. The protectionist “solution” of partially turning off the sun (by...

Full article: http://www.energybulletin.net/stories/2011-06-28/geo-engi...

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