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On climate, we need a global carbon market with its own ‘federal reserve’

Posted on 06 December 2013

Predictably, the November round of UN climate talks generated nothing but hot air and cold comfort. Representatives of 189 countries spent two weeks in Warsaw negotiating the shakiest of timetables for meeting the lamest of environmental goals. No emission cuts were agreed and zero funding was pledged to the Green Climate Fund.
Time and again, these diplomatic pow-wows have demonstrated global governments’ inability to mitigate man-made climate change with top-down solutions, or to price environmental costs and risks with any sense of urgency………………………………………..Full Article: Source


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VRS - who has written 40274 posts on Opalesque Commodities Briefing.


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