Does It Matter That Al Gore Will Be The First Global Warming Billionaire?
As you may recall from Part 1 of this post, in the cap-and-trade system lots of business might get away with carbon emissions that are below the "qualified limitations". And that's a critical point since cap-and-trade policy may slow down in application nightmares. Who is going to figure out the "caps" on a market by industry, and company by busine