Smoke, Mirrors, and Greenhouse Gas Control November 20, 2009

Host: American Enterprise Institute. The U.S. Senate is girding for battle over greenhouse gas control bills, and legions of diplomats are preparing to assemble in Copenhagen to debate a new accord on climate change to replace the Kyoto Protocol. In the United States, the Environmental Protection Agency grinds relentlessly forward in its plans to regulate greenhouse gases under the Clean Air Act. None of the options being considered resembles the simple carbon tax proposals deemed by economists to be the least expensive method of controlling greenhouse gas emissions. Why? What is causing reformers to tackle the most expensive environmental task ever attempted with policies known to cost far more than necessary? Will the result do much to help the environment? Join us as we answer these and other questions related to environmental policy.