I was wondering if libertarianism has a mechanism through which the world might avoid the more deleterious effects of global warming. I understand that many of you probably don’t accept that its real but as it stands; I am of the opinion that it is real and that human activity is responsible. Thus, it is important to me that there be a mechanism to address this and other related environmental issues.
If you would like to argue that there is no such thing as global warming I’ll listen but I would also like you to at least humor me and suppose that it is real for the sake of argument. The reality of global warming and the greenhouse effect cannot be established or refuted within the realms of economic or political reasoning alone so it is important that libertarianism and the Austrian School be able to safeguard against this very realistic possibility. If the environmentalists are right about global warming and the harmful effects (such as drought and rising water levels), what would be your solution be and how would it work? If you are against carbon taxes and regulation - which I presume you are - then what mechanism does the free market have to save future generations? If you are of the opinion that global warming can only reach critical mass under the distorting effects of government intervention and the Federal Reserve, are there any policies you can cite which have prevented Americans or other people’s of the world from adopting greener technologies sooner (not just hemp-based ethanol).
This brings up other questions I have about libertarianism and the Austrian School. It seems to me, that this philosophy doesn’t accept the idea that human kind is a part of nature and is connected with the plants and animals of the world, in ways that we are sometimes unable to immediately see. Also, judging from some of the articles on this site, this philosophy presume that only humans have desires and rights and that plants and animals exist only to satisfy our wants. While I wouldn’t consider myself an animal rights activist per say, I do believe that we ought to show a certain degree of respect and restraint when we consider developing land. After all, our oxygen does come from trees.
Again, I would appreciate your thoughts and comments. And feel free to set me straight on any misconceptions I have.