Carbon cap: Be careful what you wish for | Stand-Up Economist

Carbon cap: Be careful what you wish for | Stand-Up Economist: "One hundred years ago G.K. Chesterton warned against “the persistent and insane attempt to obtain pleasure without paying for it,” so it is worth stating the obvious: We cannot have price signals without raising the price of fossil fuels. Claims to accomplish one without the other bring to mind Chesterton’s mocking words: “Let us have the pleasure of conquerors without the pains of soldiers: let us sit on sofas and be a hardy race.”"