General Climbing Discussion

Topic	Date	User
OT: Plebiscite	23-Jun-2011 At 8:45:42 AM	evanbb
Message
On 22/06/2011 Pat wrote: >What happened to a cap and trade system linked to a reduction target? It >seems to be the better way to go if you put a price on carbon emissions >and a cap and allow the market to generate credits. > >Does anyone know if this is working in other countries? The proposed 'Tax' is likely to be an actual Cap and Trade system in the future. The reason it's being called a tax now is that the price is capped.Remove the cap and it is a trading system. Credits can (probably, details not finalised) be traded currently, but for a maximum value of $20.

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