ES -- DX/CL -- isee -- cboe put/call -- specialist/public short ratio -- trinq -- trin -- aaii bull ratio -- abx -- cmbx -- cdx -- vxo p&f -- SPX volatility curve -- VIX:VXO skew -- commodity screen -- cot -- conference board

Thursday, December 16, 2004

 

the moral argument against kyoto


i've previously blogged on the reasoning behind a healthy skepticism of global warming as science. but there is also a moral argument to dismiss the kyoto protocol and similar schemes -- here articulated by bjorn lomborg.

lomborg's logic is far from flawless -- he assumes that we are experiencing global warming (a presumption no one has convinced me of yet,) and the assumption of a universally wealthier future world in real terms is the sort of utopianism that i am forced to scratch my head at.

but his core assertion is right: if we are to commit so much to some thing, why should it not be what we can do the most good about?

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