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The article was orginally published at: 10 Lessons the US Can Learn From Europe’s Cap and Trade
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I posted earlier on a recent report that revealed Europe’s oft-derided, occasionally-mocked cap and trade system has proved to be a success–though it had its share of serious problems along the way. Which was great news: Europe’s emissions are falling by 50-100 million metric tons a year, or 2.5-5% annually, and the carbon market is now worth over $56 billion USD. Which is great for Europe–but it’s also important news for Americans. Because it was such a bumpy road for Europe’s Emissions Trading System (ETS)…Read the full story on TreeHugger
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About Haroun Kola
