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| The Con is On: How Carbon Credits Neuter Cap & Trade |
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| Written by Willem Buiter | |
| Thursday, 12 November 2009 | |
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For the Full Report in PDF Form, please click here.
[Illustrations, footnotes and references available in PDF version]
The American Clean Energy and Security (ACES) Act of
2009 is worse than nothing: it is a con and a fraud. It pretends to be
a vehicle for reductions in CO2E emissions. In fact it is designed to
permit increases in CO2E emissions.
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