He argues that a coercive regulatory litigation regime is just impractical, enormously complicated and transfers a massive amount of power to bureaucrats.
Newt then praises Theodore Roosevelt and argues for tax credits. Ah well.
Yet he then reminds us of the mess that is Superfund, which he sees as the way any carbon bureaucracy will go.
He next reminds us of how the EU is exporting pollution in the name of its emissions trading regime.
Ah, but then he endorses the massive ethanol boondoggle and praises carbon capture and storage, which is a promising technology but even with massive investment many years away from being a working one.