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Richard Stallman's Political Notes

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Massachusetts cap-and-trade

jeudi 29 mars 2018 à 02:00

Proposing that Massachusetts adopt a cap-and-trade policy for all activities that use fossil fuels.

The EU adopted a cap-and-trade system, which became a total failure (the price of emissions fell to nearly zero), and then was politically blocked from modifying the system to function. Given that example of failure, I think a tax on carbon emissions is better.