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By cgfi on November 17th, 2008
SLUMPING CARBON PRICE WORRIES GREENS, BY: DENNIS T. AVERY
CHURCHVILLE, VA—The price of carbon has slumped in Europe’s emission trading—for the second time in two years. The long-term investments needed to reduce humanity’s greenhouse emissions are being discouraged. The carbon price is meant to offset the economic cost of shifting from coal, gas, and oil to non-fossil energy. If the carbon price is too [...]
