Tuesday, 12 April 2011

CO2 EMISSION TRADING SCHEMES TO UNITE

This report explains that the EU are trying to link up with the Californian ETS. This sounds like an attempt to show a united front to the public, in order to make them believe that it is an inevitable thing, but the public will start to askquestions once they realise that such schemes will make them more uncompetitive compared to the many other parts of the world that do not have them. Manufacturing with one hand tied behind your back seems like a fair comparison. Why would the EU want to draw attention to any similarities with California, a state that is almost bankrupt, is a mystery.

1 comment:

Linda said...

Well.. little do we know.