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We might be better off without a trading scheme


The socialists yell at climate rallies: ”Carbon trading is a crime!”

To be honest, they have plenty to be wary of and they’re not the only ones concerned.

As the journalist Matt Taibbi wrote last year in his celebrated Rolling Stone piece on Wall Street titan Goldman Sachs, the next bubble may well be carbon credits: ”a booming trillion-dollar market that barely even exists yet

Related posts:

  1. Senate Wants To Ban Goldman And JPMorgan From Carbon Markets (GS, JPM)
  2. Goldman Sachs Enters Offsets Market with Blue Source Deal
  3. Carbon Trading May Dwarf That of Crude Oil
  4. Goldman Sachs Buys Into Carbon Offsets
  5. Carbon tax is best climate-change fix

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