Buried in Pope Francis’s recent 184-page papal encyclical, “Laudato Si’,” on the many issues entangled in environmental and climate change concerns was an interesting swipe at cap-and-trade systems. To recap, earlier this month Pope Francis issued a position paper that The New York Times describes as “sweeping in ambition and scope” that focuses on the… Read More >>
Exchange for Carbon Trading Launches in U.S.
Is carbon trading making a comeback? Officials at the Carbon Trade Exchange (CTX), an electronic spot trading exchange for global carbon credits, hope so. CTX has just launched a platform to buy and sell allowances from the Regional Greenhouse Gas Initiative (RGGI), officials say. RGGI is the first mandatory cap-and-trade program in the United States… Read More >>
