The great 'success' of a carbon trading failure

Butler, Simon
September 2009
Green Left Weekly;9/23/2009, Issue 811, p17
The article reports on the collapsed of the carbon trading scheme in the U.S. It mentions that 10 northeastern states are being involved by the Regional Greenhouse Gas Initiative (RGGI) regarding the cap-and-trade scheme regulation. According to Emelie Mazzacurati, Point Carbon AS analyst, the prices are going down for the supply are exceeding the demand. It also says that the solution on carbon trading schemes were hard to implement for traders do not work on cut emissions.


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