EU carbon cap-and-trade spurs innovation

In an article (pdf) for Environmental Defense on how the European Union Emissions Trading System (EU-ETS) is spurring innovation, Annie Petsonk and Jos Cozijnsen (who also blogs here) present a number of case studies to demonstrate that this is, in fact, the case.

As Thomas Sowell said, “making people pay is a way of making them think” (quoted from Chris Dillow).

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