Emissions Trading?

Question

Is anyone involved in Carbon Emissions trading? what is your opinion on it? Is it a growth area? Will American schemes take off?

Answer 1

It reminds me of the Protestant Reformation's beginnings at the objection at selling "indulgences"--the right to sin without the worry of damnation. Here you have factories and such assessed a common quantity of sin--carbon emissions. But if you will not be emitting that much carbon, you can sell the difference, your right to sin, to another company.

Here are some links. First to news, then to the exchanges.