We are instead pressing ahead unilaterally with terrible policies: draining the budgets of families and businesses with excessive green taxes; picking losers by giving the most generous subsidies to the most expensive sources of low carbon
energy; and recreating the volatility of the housing market with an emissions trading scheme where the supply of allowances is fixed, so fluctuations in demand lead to
wild swings in the price.
And just as
energy prices are bottoming out, major financial institutions are predicting that the stock market is close to ending its
wild price
swings as investors respond to the federal government's unprecedented moves to breathe new life into the economy.