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The fool’s gold of carbon trading

Geoff Riley

1st December 2008

Jonathan Leake has a substantial article here on the future of carbon trading in Europe. I will be writing in more depth about carbon trading for the next edition of EconoMax ... but on a quick reading this article is deeply critical of some of the unintended consequences of the scheme and the flawed arrangements surrounding the inception of the 1st phase of EU-ETS. Worth a read if you are preparing for questions on government intervention in markets.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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