Wednesday, 19 December 2007

THE PROBLEMS WITH CARBON TRADING

Neil O'Brien, Director of the Open Europe think tank is interviewed in the USA . Here you can read the transcript or watch the interview. At one point O'Brien says: "if we do get to a serious price [for carbon] you'll see a relocation of aluminum, cement, paper, and pulp, all these things to countries that are just one country outside the E.U." Exactly, and unless the whole world adopts a level playing field, we will simply export our emissions and our jobs.

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