Tyrone says it is easy to stop global warming

Tyrone, like many other people, enjoys reading Instapundit.  Today he sent me the following by IM, or was it Google Talk?:

Global warming is easy to stop.  Is a carbon tax costly?  No way.  Didn’t we already agree that stopping global warming is wealth-maximizing for the world as a whole?  Then we just have to work out the right set of transfers.  As a first-order oversimplification, global warming benefits North Dakota but harms Bangladesh by a greater amount.  North Dakota cuts a deal with Bangladesh.  The two state Senators will support a carbon tax in return for FREE CALL CENTRES FOR FIFTY YEARS.  Or whatever is needed.  After all, a bargain is there.  We might even use the UN, or a revamped Kyoto agreement, to support and organize the deal.

You can see this agreement is self-enforcing, right?  If payment is not made, we can always take the carbon tax away.  Or do something even nastier with those silos up there in the Peace Garden State.  Obviously America could turn a profit on this whole carbon tax deal.  This might sound unfair, but surely it is less unfair than ignoring the problem altogether…

Sadly, Tyrone is still waiting for a response from Tyler.  Tyler thinks Tyrone is a nasty, nasty man, who has grasped only the worst of Edgeworth and understood none of the best…


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