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Dealing in Hot Air - The Pitfalls of the Euro New Emissions Trading System.
The next stage in the world's CO2 emissions-trading scheme will begin in two years. Everyone agrees that the rulebook is complicated and that the costs for industry will be enormous. But nobody knows if the system will really help the environment -- or merely create a burdensome bureaucracy.
A complex taxing scheme we here in the US can hopefully avoid.
Posted by: Besoeker 2011-01-02
http://www.rantburg.com/poparticle.php?ID=313042