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Carbon trading: Crisis creates bonanza for polluting firms

Posted on 12 February 2009

From Socialistparty.org.uk: The hope of the bureaucrats who devised a European carbon permit trading system to tackle global warming was that polluting firms would have to pay for their anti-social actions, so letting ‘market forces’ encourage green behaviour.

However, due to the crazy market system, it is now clear that the worst environmental culprits, far from being made to pay up, are actually being paid by us to continue polluting….. Full Article: Source


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VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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