Review of The Climate Fix in the Financial Post

Roger Pielke Jr’s new book is out, and highly favorable reviews are beginning to appear. The Terence Corcoran review in the Financial Post is well written — I recommend it. A big plus is that FP also published an excerpt from the book, focused on prof. Pielke’s “iron law” of climate policy.

Here’s Roger on the FP review. And following are a couple of choice paragraphs from the excerpt on the “iron law”

(…) Gwyn Prins of the London School of Economics called the contortions of policymakers on energy policy “gloriously incoherent” after observing their behaviour at preparatory meetings immediately preceding the 2008 G8 Summit in Toyako, Japan. In a morning session, Prins relates, policymakers discussed ways to lower the costs of gasoline brought on by the massive run-up in oil prices in 2007 and 2008. Then in the afternoon they reconvened to consider ways to increase the costs of gasoline through caps or taxes to address ever-growing greenhouse-gas emissions around the world.

A 2009 U.S. poll helpfully illustrates the iron law of climate policy. The poll asked respondents about their willingness to support a climate bill in the U.S. Congress at three different annual costs per household. At US$80 per year a majority said that they would support a bill. But at US$175 per year, support dropped by almost half, with a majority expressing opposition to such a bill. At US$770 per year opposition exceeds support by a ratio of about 10 to one.

Our new iPad arrives here in Australia tomorrow. The first ebook that will be loaded is the Kindle edition of The Climate Fix!