Recovering? warmist Tim Worstall: My "think" tank originally thought that trying to prevent hurricanes by paying people to allegedly tweak invisible atmospheric gases was a good idea

Carbon Tax or Cap And Trade? Whichever Leaves Less Room For Politics And Corruption - Forbes

It’s generally agreed among economists that the solution for climate change is either a carbon tax or a cap and trade permit system. This does of course assume that you agree that climate change is a problem that requires a solution. But assuming that, which of the two systems is better: the answer appears to be the one that leaves less room for politics and corruption. To the extent that there is a difference between those two things.

...Over the past five or six years at the Adam Smith Institute (a think tank in London I am involved with) our views on this have changed. We originally thought (collectively, in as much as we have a collective view on anything) that cap and trade would be better. We generally do think that the cure for either a market failure or lack of a market is to create or restructure that market. As we’ve seen what people are actually doing in that market for carbon permits (most especially the political allocation of them) the view has changed. While a carbon tax might, in theory, be a second best solution when set against cap and trade in practice it seems rather better.

Four days ago: Epic global warming debate going on right now: Tim Worstall vs Tim Worstall