Visions of Europe
20th 2006f October, 2006, PeterFor a long time, The Economist magazine was sceptical of climate change, but they now believe it is happening. Today the magazine published an editorial, strongly critical of the European Emissions Trading Scheme (ETS). An excerpt:
Unfortunately, the ETS has failed in all its three aims. Emissions were flat before the scheme’s introduction in 2005 (largely because [...]

