fyi
No, at issue is the question of why companies should worry about reducing carbon emissions in the first place?
Speculators will trade on a rubber ball bouncing down the road.
If it moves, hits a rock and changes direction, someone will have some with money that it doesn’t.
Remember Enron at one point wanted to have Weather Forecast Futures.
Speculators have no shame.
Second, and perhaps more immediately worrying from a US point of view is that, right or wrong, Carbon Trading appears to be the way the world is going. By opting out now, the US effectively bars itself from one of the most lucrative markets of the future as well as giving up its right to participate in discussions on the shape of economic solutions. That, in the long run, may be a far heavier price to pay.Bwahahahahahahahahaha! I just, I mean ... Bwhahahahahahahahaahahaha! What goofid stupball believes that carbon trading will turn out to be lucrative?