Kurt Bouwhuis, Mackinac Center Intern
“We’ve heard a lot of whining over the last few months that the “cost” of coming climate change legislation will kill jobs, destroy industry, kick puppy dogs, sicken orphans … basically the same old barge filled with scary warnings that have been used since time immemorial about every major piece of environmental legislation (if history is any judge of the efficacy of these warnings, we could pass new climate change bills from today until the end of time and not destroy the economy).” – Eric B. – Michigan Liberal
If climate change bills don’t hinder the economy – why not abolish pollution of any kind all together? Surely, making it illegal to pollute will make production much less costly.
This logic is faulty and here’s why: If environmentally friendly solutions make production so much easier, why are profit seeking individuals not capitalizing on the new opportunities. Additionally, I find it hard to believe that restricting individuals from conducting voluntarily transactions is some how going to make people better off.
Lastly, it would be difficult to measure all the effects of any one piece of legislation. If wind turbines are made mandatory, and GDP goes up by .1%, we cannot say that the wind turbines caused the .1% increase. Each and every year, thousands of new laws are passed, all of which affect the actions of millions of individuals that some call “the economy.”