The Business ramifications of this are huge.....it spreads outward like a mushroom cloud....and all it is is a revenue enhancer...more money for the government to waste!
Cap and trade (C&T) is in the news again: Global Carbon Market trading (practically all EU) climbed to $176 billion in 2011 according to the The World Bank, which has just released its annual State and Trends of The Carbon Market in 2012. That makes it about the same value as total global wheat production -- which supplies about 20% of the calories consumed by the 7 billion people on planet Earth.
Monday, June 11, 2012
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