Friday, May 24, 2013

Carbon markets can't work, won't work.

redd-monitor.org: "The financial firms that helped create carbon markets, “have a vested interest in market instruments that are complex, opaque, volatile, and hard to value”, Levy writes, adding that, “there are legitimate grounds for concern that carbon markets were not designed to provide the clear and simple price signals needed to stimulate a broad transition to a low-carbon economy.”"

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