The Great Collapse of the Chicago Climate Exchange

cap in hand

Patrick Henningsen: Plagued by a free fall in carbon emissions prices and the perennial failure of Washington to pass any binding Cap and Trade Bill, it seems that the Chicago Climate Exchange is on its last leg, announcing that it will be scaling back its operations.

What Cap and Trade Programs Are Really About

EconTidalWave

Is a “cap and trade” system for managing U.S. emissions of carbon dioxide likely to be as successful as the sulfur dioxide “cap and trade” program established by the Clean Air Act of 1990? Most people familiar with the sulfur program agree that it has been a success. Yet plans to use the same kind [...]

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