Virtually every Government and economists embraces the concept of “cap and trade” as the best way of reducing climate changing greenhouse gases emissions and the cheapest way of avoiding emissions. Governments (and economists) do not usually find the cheapest way of doing something. If they did I expect our taxes would be lower. (more…)
Filed under: carbon emissions, carbon trading, climate change, Coal, electricity, energy, fuel poverty, renewables | Tagged: cap and trade, emission trading, ETS, flaws in cap and trade mechanisms, Kingsnorth, who cap and trade schemes work, windfalls from cap and trade schemes | 8 Comments »
