SocraticGadfly: Behind the CO2 and mirrors, little new in Western carbon pact

September 24, 2008

Behind the CO2 and mirrors, little new in Western carbon pact

Seven Western states, led by California, and four Canadian provinces (how eastern Ontario and Quebec got into this I don’t know) have formed a carbon-dioxide cap-and-trade organization.

But, behind the rollout are a couple of stark facts.

First, its setup is similar to the European Union’s original carbon market, which was later found to be badly skewed.

Second, Utah is a member. Can it really be that rigorous?

Yes, it’s the “most far-reaching effort in North America” yet.

That’s about like being the best snowmobile driver in Florida.

Read for yourself, though, to see if this is more hope or hype.

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