"A republic, if you can keep it." Vegas, taxes.
"A republic, if you can keep it." Vegas, taxes.
Cap-and-trade is dead in the US, killed by an uninterested Obama Administration and the Republican mid-term victories. It was always a kludgy idea, made worse by being voluntary not mandatory and also easily gamed by investment banks who just viewed…
Washington’s blog The economists who invented cap-and-trade say that it won’t work for global warming European criminal investigators have determined that there is a tremendous amount of fraud occurring in the carbon trading market. Indeed, organized crime has largely taken…
The government says cap and trade dropped acid rain emissions 50% in the Northeast. However, dealing with GHGs worldwide is way more complicated than reducing one pollutant gas in one area. Especially when polluters could and did simply move polluting…
Here’s one of the problems with carbon credits — It is very easy for developing countries to game the system. They can essentially say that they were planning to do something environmentally damaging, then switch to a ‘greener option’ and…
According to top experts, risky derivatives were not only largely responsible for bringing down the American (and world) economy, but they still pose a substantial systemic risk. Now, Bloomberg notes that the carbon trading scheme will be largely centered around…