Three to think about

Without a fixed, long-term, durable price on carbon, none of the Obama clean-tech initiatives will achieve the scale needed to have an impact on climate change or make America the leader it must be in the next great industrial revolution: E.T., or energy technology. At this stage, I’d settle for any carbon price mechanism — cap and trade, fee-bates, carbon tax and/or gasoline tax — as long as it real and provides consumers and investors a long-term incentive to shift to clean cars, appliances and buildings.

Go Thomas Friedman!

Second is this scary article about drug smugglers building submarines that could also carry terrorists, bombs, &etc. Yet another reason to take seriously the argument for legalization that is often endorsed by economists from George Akerlof to Milton Friedman.

Last but not least is this story of illegal immigrant children growing up in permanent limbo in the U.S. I'm not sure what to do about it, but the audio slideshow is heartbreaking.