This New York Times article says reports of the demise of cap-and-trade systems to price carbon are greatly exaggerated. Problems plaguing carbon trading include profiteering, tax fraud, theft, and dubious emissions cuts, but such schemes could make governments billions, which makes them very attractive.
CONSEQUENCES
SCOTUS Poised to Handcuff the EPA
In the wake of reactionary rulings by the Supreme Court that seized a woman’s right to abortion after the Justices had unleashed potentially lethal freedoms to gun owners, one can only shudder at the prospect of the court’s upcoming decision on West Virginia v. Environmental Protection Agency (EPA).
Abby Luby
June 27, 2022
