2 days ago
- Politics
- Wall Street Journal
End of a Green Delusion
Get out your notepads, social scientists. A 'preference falsification' bubble is about to go pop in the realm of climate policy.
The term comes from Duke University's Timur Kuran, for when people feel pressured to adopt and exhibit ideas they don't believe in. One such bubble was born under near-laboratory conditions in December 2008. The incoming Obama administration decided, with Republicans vacating the White House, the 'existential' threat of climate change no longer merited unpopular energy taxes. Subsidies to its green-energy cronies would suffice.
