Climate Change Policy Isn't So Black and White

I have read and appreciated Keith Hennessey's blog since its inception earlier this year. I particularly like his ability to meld economic theory with political reality. Yesterday's post is particularly worth reading if you're interested in environmental policy. There, he overlays where China is with where greenies are and where the Senate is.

Unfortunately, it doesn't appear there's a place we can end up where everyone's happy. And so, let the sausage-making begin: deals, posturing, more deals, more posturing, and will we end up better than we are now, which we cannot afford to stay? I'm not so sure anymore.