In my column today in the Pittsburgh Tribune-Review, I explain why I wince even at private initiatives to "live green." Here’s my concluding paragraph:
There are worthwhile private green initiatives, such as driving
less when the price of gasoline rises. But these worthwhile initiatives
almost all are economically sound responses to changes in market prices
— prices that contain information from around the globe about the
objective state of the world. Acting on such knowledge is the best that
we can do
UPDATE: Jonah Goldberg makes a similar point.
