Is Jumping to Conclusions an Olympic Event?
For some reason, a recent interview with Bill Gates has conservatives outraged.
If you read the actual article, you should notice that he's mainly recommending a combination of subsidies for increased energy research, longer patent protection for energy technology, and a carbon tax. If the carbon tax is based on the IPCC's average of peer-reviewed studies, it's $43/tC. That's 12¢ per gallon of gasoline.
In other words, the actual recommendations are compatible with capitalism. I'm dubious about the need for subsidized energy research on the grounds that such subsidies frequently increase costs and it's unnecessary if the other two steps are taken but that's a quibble.
Conservatives can identify nine out of five actual examples of socialism.
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