Judge a carbon market by its cap, not its prices
The goal of emissions trading systems is to make them scarce, not to make them costly.
EU
Research, writing, and speaking related to the European Union and countries in Europe.
Air Travel and Global Warming: The EU Is Leading
Has the EU found a way to get consumers to bear more of the environmental costs of flying?
Carbon trading grows up
When someone robs a bank, nobody challenges the legitimacy of banks. They suggest instead that the bank find better security. Why should carbon markets be any different?