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Everybody chill out a little, carbon trading will be fine

2013-04-26 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Grist: I know you`ve all been following the developments around the European Union`s carbon-trading system and are concerned that ... hm? What`s that? You say you have a life? OK, fine, some background then. In 2005, the EU launched the world`s first (and still biggest) carbon trading system, the Emissions Trading System (ETS), which now covers over 30 countries and some 11,000 industrial facilities and power plants. The ETS has been a source of hope for supporters of carbon policy, who aren`t exactly...

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