I think that the new cap and trade market, if regulated by a global body, might help us out of this eco rut and maybe we can avoid a depression.
This is one of the most dangerous and ill conceived boondoggles, under the aegis of the utter fraud of Anthropocentric Global Warming, that has ever been conceived.
It will create a completely gratuitous trading regime for Carbon Credits that will make speculators rich, and will devastate manufacturing and agriculture. It is a pernicious tax on productivity, which must be encouraged and subsidized if we are to get out of this economic death spiral.
It was devised by radical environmentalists, and Wall Street.. to get a cut of the profits that could be garnered by fear mongering on corrupted science.. without any regard to the devastating human consequences