Some interesting discussion on this article's climate commentary, and the misinterpretation contained therein (maybe stick to finance?): climateprogress.org/20...
Carbon ETN Outpaces Oil and Natural Gas ETFs [View article]
Carbon credits (vs. the offsets Gore promotes for when reductions reach their practical limit) are supposed to be one market-based approach. It's a matter of tweaking for maximum effectiveness. The cap & trade system used for coal-fired power plants seems to have had some success. That is, at reducing SULFUR dioxide, paultaut, not carbon dioxide. That program's aim was to reduce smog and acid rain, not the risk or rapid global climate change. The pollution reduction efforts of the past have done little to moderate the output of fossil CO2, which remains largely unregulated.
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climateprogress.org/20...
Carbon ETN Outpaces Oil and Natural Gas ETFs [View article]