State of the carbon markets: rising or collapsing? Two conflicting reports

This recent article in the Economist describes the fall in carbon prices as a result of overcapacity in the EU’s Emission Trading Scheme, while Dr. Graciela Chichilnisky (author of Kyoto’s trading scheme, professor of economics at Columbia, and founder of the carbon capture company Global Thermostat) heralds the emergence of a “truly global” carbon market taking shape through interlinked regional markets, in the wake of failed international treaties.

Links courtesy of MK Dorsey

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