Capitalistic Climate Change Mitigation

http://www.nationalreview.com/articles/228779/new-socialism/charles-krauthammer

There is no necessary connection between reducing GHG emissions and increasing socialism. In principle, a low carbon economy can be just as capitalistic as a high carbon economy. The difficulty presented arises from the fact that the republicans have ceded leadership on environmental issues to the democrats, who are inclined to adopt socialist solutions to every issue they encounter. The cap-and-trade program created by Bush the First to limit sulfur emissions from coal plants was an efficient, free market solution to an environmental problem. A cap and trade system for carbon and methane emissions could be designed in a similar way--but it will not be unless republicans get involved and exert some influence. At this point, climate change mitigation appears to be ultimately unavoidable in this country. Instead of abstaining from the process and playing at populist denialism, republicans would be well-advised to make efforts to de-socialize the legislation so far as possible.