So, how’s that carbon-trading thing going? Big Carbon set up shop in the European Union in 2005, and is scheduled to make its North American-franchise debut in California in January. How goes the trade?
The answer in Europe is: not well. Carbon trading is a zombie in Europe. It’s going to start eating flesh pretty soon. It’s on a rampage stirring up the airline industry overseas right now (on which more later), but its “life” inside the Union is creepy and inverted. Continue reading “Big Carbon”