America’s Market Based Economy Must Have a Price on Carbon Dioxide Emissions
If you believe in capitalism and free markets then you believe in a price on carbon dioxide emissions. The only question is what that price should be.
If you believe in capitalism and free markets then you believe in a price on carbon dioxide emissions. The only question is what that price should be.
President Obama’s pending power plant emissions rules are getting all the attention, but China may have just made an even bigger carbon market policy move.
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A World Bank report finds more than 40 national and 20 sub-national government jurisdictions are either implementing or considering carbon pricing mechanisms.
Collectively these systems cover 10 gigatons of annual CO2 emissions – equal to roughly 20% of global emissions.
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