Tuesday, March 28, 2017

Against global carbon trading

There's an interesting opinion piece up at Nature News, arguing that a global carbon trading market is not a good idea, generally speaking.

Sounds pretty convincing to me.  

I wonder what John Quiggin thinks of the arguments put there...

1 comment:

  1. The price of carbon fell in Europe because of the quite intense recession it had there courtesy of policy makers from which it is now only now eventually extricating itself.

    mind you the electricity market here shows that som etimes markets do not work for reasons not forseen.

    Confimrs my view of having a carbon tax not an ETS

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