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The following guest post by Steve Kirsch presents a persuasive case that cap-and-trade systems (also called an emissions trading system[ETS]) are NOT the right way to put a price on carbon. This is relevant to the US Waxman-Markey bill, and Australia’s Carbon Pollution Reduction Scheme [CPRS]. Instead, a ‘fee and dividend’ approach is advocated. Read […]
Filed under: Emissions | 44 Comments »
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