Big Carbon

Hot gas.

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?

Eurozombie

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”