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Congress hates carbon pricing. The rest of the world doesn’t

Posted on 05 June 2013

The idea of slapping a price on carbon to reduce emissions and tackle global warming is moribund in Congress for now. But that’s not the case elsewhere in the world.
A big new World Bank report (pdf) finds that more than 40 national governments and 20 sub-national governments have either put in place carbon-pricing schemes or are planning one for the years ahead. That includes either carbon taxes or some form of cap-and-trade………………………………………..Full Article: Source


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VRS - who has written 36130 posts on Opalesque Commodities Briefing.


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