Since there has been many mentions of sides, and the pro and anti GW-theory sides are also in general the left and right wing, I think it's useful to point something out:
On profiting through carbon credits, carbon credits are a right wing economics solution to GW.
The left wing solution is direct regulation, or directly taxing emissions.
The right wing solution (carbon credits) aims to "allow market mechanisms to drive industry in the direction of low emissions" and to avoid "government inefficiency". This solution:
1) creates a market (and profit incentive) for carbon credits trading 2) "internalized externalities" 3) more "efficient".
The profit element wasn't injected by the lefty "anti-car, anti-corporate" side but was a right wing response to environmental regulations or the prospect of high emissions taxes.
"...then seem that people WERE trying to monetize global warming the other direction"
The profit element does make pro-GW-is-real information potentially suspect.
--- If GW is fake the picture can be summarized as:
Profiteers using lefty "useful idiots" to do their PR. Allowing the profiteers to get rich from the carbon credit "compromise" solution. (Compromise between direct regulations or doing nothing).
--- If GW is real? The left wants to cut out the tumor. The right wants to do nothing. The left agrees to compromise: they get to cut out half the tumor but in return have to sprinkle in some bacteria (carbon credits market) while the patient is open.
If the left doesn't want to keep being painted with the right's failures they need to stop accepting right wing "compromises".
,,,,,,,,,
"If it turns out to be nothing much to worry about, then the worst we've done is find better fuels and made cleaner air."
Not necessarily.
Over simplified hypothetical:
If man made CO2 caused global warming is fake, oil may have a relatively low risk and actually be safer than nuclear. Nuclear will probably be able to out compete against solar on price, so a move away from oil could end up being a larger move towards nuclear.
I don't know the true risks of oil, nuclear, others. I am just making a simplified hypothetical. Basically that we may be increasing risk (to safety and livability) if we are wrong about CO2 and the safety of the replacement fuels.
,,,,,,,,,
And last note I called Steven Yates "the guest" because using his name felt more personal when my issue was with arguments he made during the show not with him but I can see what you're saying, point taken.