UPDATE 1: NBR editor Nevil Gibson summarises the state of climate play:
Did you stop worrying about climate change when the credit crunch and global recession got serious? Then listen up, things have changed for the better.
In the past year or so since you last worried about it, the climate change debate has moved on. In fact, it is in danger of extinction as the scientific “consensus” disappears and international agencies and governments backpedal on draconian measures to stamp out use of carbon.
UPDATE 2: One of the primary points to be understood here is that climate pseudo-science and pronouncements thereon are being used to advance a clearcut and deadly political agenda. On this the excellent Micky’s Muses blog quotes UK Labour MP Tom Harris who says
"...for some environmentalists the fight against global warming has another aim: the defeat of capitalism, of economic growth, of prosperity.Which is why I find their arguments so nauseating..."
And so say all of us.
UPDATE 2: If you have never really gotten into the economics of climate change, and want an accessible introduction, here you go.