I won’t pretend to be on top of the detail when it comes to AGW. But let’s assume, for the sake of argument, that it is a real problem.

Does anybody seriously believe that the ETS, a market solution, par excellence, is going to make the slightest bit of difference? That in placing all of our eggs into the capitalist basket, we are trusting in a magic talisman that can, at best, merely tinker on the margins?

Using capitalist structures and processes as a means of combating AGW is like trying to fight a live bushfire by opening up a a farmers’ market, and putting a tax on undergrowth.

And this at a time when support for ‘the market’ has never been lower.