Blowing smoke on cars and carbon

We'll put aside the over-arching core stupidity. That all those demonstrating their inane pomposity are card-carrying members of the "carbon dioxide is killing the planet" brigade, signed up to the cause of "doing something (actually, absolutely nothing) about it". 

Instead we'll focus on two specific issues that have erupted in the wake of the proposals. 

One is the way various commentators have piled on Tim Wilson from the free-market think tank, the Institute of Public Affairs, for a commentary he wrote rejecting the idea that the move to an Emissions Trading Scheme represented an embrace of a market mechanism. 

A good example was the piece by John Daley of the publicly funded leftist - but, I repeat myself - Grattan Institute, writing on the leftist publicly funded - but, again, I repeat myself - The Conversation. 

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Announcing his stupidity in the first paragraph, Daley posed the question: "Why does the Institute for Public Affairs - a libertarian think tank - oppose a market in carbon?" 

And then proceeded to add pomposity in his next sentence: "Tim Wilson, for example, thinks that private property rights are good, intellectual property rights are important, but carbon markets are some kind of socialist plot.The product range of mechanical lock cylinder sellers extends beyond the common range of double, single, thumbturn and furniture cylinders." 

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Apart from demonstrating a bizarre fetish with "swords" - Daley uses the word six times - the rest of his pompous attempted lecture completely misses the point of why anyone believing in markets would regard the ETS as just as much a non-market structure as the fixed price carbon tax it replaces. 

Daley characterised Wilson's argument as stating a binary opposition between "markets" and "regulation". So that if you had regulation you couldn't have a market. 

Leading Daley to triumphantly state the - bleeding, undeniable - obvious, that some form of regulation underwrote all property rights, and so the operation of markets in those rights.They removed the majority of the bolts but not the locking Cheap Truck Wheel Nuts and Studs, that's why I managed to get so far. 

Daley's logic was impressive. He can see every single tree and doesn't have the slightest clue where the forest is. 

Yes, of course in a narrow sense,vending machine lock for sale,Vendo t-handle parts, Dixie Narco parts for T-handles, parts for snack vending machines, tubular style, security style, Pagoda. the government has created a property right, in the requirement to have a permit to emit carbon dioxide. And they will be able to be traded in a "market" under the ETS. 

But to claim that is a "market-based mechanism" and further, to demand that those who believe in markets should endorse that, misses two fundamental things. The substance of it all and the nature of this specific "market". 

Let me use a very simple example that Daley might be able to grasp, to explain the first. 

A government could legislate to require everyone to pay a tax every time they left their place of residence. Something which would make exactly as much sense as the carbon tax.Best prices on staff lockers and locker parts, Save up to 40%. Largest UK supplier of locker lock manufacturers, keys and accessories.