Tim Worstall explores the range of possibilities:
Viewing the ghastly mess that politics makes of anything, it can be difficult to decide between cock-up and conspiracy theories. Are politicians simply too dim to perceive the effects of what they do, or are they are plotting to make the world a worse place?
Which brings us to where I believe the real climate change conspiracy is: in what we’re told we must do about it all. I’ve pointed out that if we assume that the basic science is correct (and I certainly don’t have either the hubris or technical knowledge to check it) then the answer is a simple carbon tax. The British Government employed Nick Stern to run through what was the correct economic response, assuming the IPCC was correct, and that was his answer. So the question has to be why hasn’t that same government enacted that very solution? Which is, as I say, where I think the conspiracy comes in.
For instead of this simple and workable solution we end up with the most ghastly amount of wibble and dribble.
Consider the subsidies to renewables. Our system gives higher subsidies to the more expensive technologies: clearly ludicrous. We have some limited amount of money, whatever that limit is, and we thus want to get as much renewable power as we can from that limited money. But we give five times more money per unit of power to the most expensive technology, solar, than we do to the cheapest, hydro. What have the politicians been smoking to deliberately spend our money in the most inefficient manner possible?
Or we could look at the argument for subsidy to solar itself: we’re told that it will be economic, comparable to coal-generated power, within only a couple of years. Thus we must have subsidy now – which is insane. If something is about to be profitable without subsidies then we don’t want anyone installing it yet; install it in a couple of years when it is profitable without subsidies. Why waste good money when we can just wait?
