Among the great virtues of free markets is their ability to adapt and adjust quickly to changing environments and customer demands. By contrast, change necessarily comes slowly in government, especially when bureaucratic policy and turf are involved.

A disturbing illustration of this reality is unfolding on the global warming issue. Evidence is steadily mounting that the United Nations’ Intergovernmental Panel on Climate Change report is fundamentally flawed due to political and ideological bias and manipulation of data. Concerns about those problems are among the reasons the campaign to pass a cap-and-trade bill in Congress has slowed.