Op-Eds

Volatile Gases

The European emissions trading scheme (ETS) was launched with great fanfare last year. The idea was to require certain energy-intensive industries to have a…

Antitrust

Op-Eds

The Kyoto Bubble?

It is one of the hallmark features of a capitalist economy that investors will react to changes in policy and regulation in order to…

Climate

Op-Eds

Unhappy Birthday

This week marks the first anniversary of the Kyoto Protocol's coming into force. It's an unhappy birthday. The one-year-old has been badly treated by…

Climate