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.
OUR TAKE
OUR TAKE: COP27 — The Good, Bad, Hopes & Fears By ClimateYou Senior Editor Abby Luby
The dust has settled at COP27, the 27th United Nations Climate Conference at Sharm El-Sheikh in Egypt where a record 45,000 people registered to attend. The longest running summit of all the conferences, agreements made in the final moments has left us all with hope but also doubts.
Abby Luby November 24, 2022
