Stavins and Schmalensee: "Demonizing cap-and-trade in the short term will turn out to be a mistake with serious long-term consequences for the economy, for business, and for consumers."

Harvard economist Robert Stavins has a good piece , "Beware of Scorched-Earth Strategies in Climate Debates."  In it, he reposts an op-ed co-authored with Dick Schmalensee, who served on President George H.W. Bush's Council of Economic Advisers, on the self-destructive nature of conservative demagogueing against the very market-based solutions conservatives developed years ago when they actually cared about clean air and clean water and the health and well-being of our children.

Robert...