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Zurich’s Leading Daily Calls EU’s Emission Trading Scheme “A European Debacle…2.2 Billion Surplus Certificates”!
By P Gosselin on 7. April 2014
The latest Sunday print edition of Switzerland’s flagship Neue Zürcher Zeitung (NZZ) has a story blasting Europe’s failure in curbing CO2 emissions through the implementation of its CO2 emissions trading scheme (ETS). See right image. Hat-tip Hajo Smit The NZZ story bears the title: Why the dreck doesn’t cost anything. With its emissions trading, the EU wanted […]