In an article from our last print issue, Ted Nordhaus and Michael Schellenberger argue that liberals will not succeed in making dirty energy expensive, and should instead focus their effors on making clean energy cheap:
What happened next was indeed a dress rehearsal, just not the one the environmental movement had expected. During the debate, Senate Democrats spoke of the urgent threat to civilization and displayed pictures of melting ice. Republicans presented graphs of rising gasoline prices. Democrats held up economic models showing that cap-and-trade would cause only modest increases to gas and electricity prices. Republicans warned of the effect higher energy prices would have on an increasingly fragile economy. It was as though the entire Senate had not moved an inch since 1997, when it voted 95 - 0 to reject the Kyoto treaty.
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--The Editors