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Europe’s carbon trading — the god that failed

Posted on 09 March 2009

From Greenleft.org.au: The free market has got us into this mess, and the free market will get us out of it. This nonsensical idea is at the heart of all carbon trading measures, the Rudd government’s Carbon Pollution Reduction Scheme (CPRS) included.

Nicholas Stern, the economist asked by the Blair government in 2006 to present a report on the global warming threat, described climate change as “the biggest market failure in history”. …. Full Article: Source

A SQUARE’s recent webinar on carbon-led investing - with voice-over (which non-A SQUARE subscribers can purchase individually) can be accessed here:
http://www.opalesque.com/asquare/509/Webinar_Carbon_Led_Investing.html


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VRS - who has written 39041 posts on Opalesque Commodities Briefing.


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