From WSJopinion: Make any climate-policy assumption you want: It is mathematically certain now that adaptation, not emissions control, will constitute the lion’s share of the human response, writes HolmanJenkins
The price mechanism is laboring heroically to balance supply and demand and resolve passing energy disruptions caused by the stop-start Covid economy. There are many things politicians do that don’t help, such as blocking pipeline infrastructure or trying to freeze pump prices and electricity rates for end-users. But don’t worry, all will be well because Saudi Arabia, Russia and U.S. wildcatters still like money.
In Glasgow, where world leaders will gather soon for a climate conference, they might use the moment to ask some big-boy questions.
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