Surplus carbon credits - consumer subsidise the polluters

This is not how carbon trading is supposed to work. Roger Harrabin has a new column on the BBC news site and his first piece looks at alleged weaknesses and distortions in the nascent market for carbon credits - the EU emissions trading scheme

China bans its airlines from paying EU carbon tax [5 Feb 2012]
Unit 2 Macro: Focus on China - Carbon Emissions and Growth [26 Jan 2012]
AQA A2 Economics - European Context [23 May 2011]
Fraud hits EU carbon emissions trading [20 Feb 2011]
Intense focus on cutting emissions is dumb argues Lomborg [16 Feb 2011]
The ethics of paying to pollute [31 Jan 2011]
Roger Harrabin - Environmental Economics Videos [17 Jan 2011]
Revision Presentation - EU & Carbon Emissions Trading [22 Feb 2010]
New House of Commons research report on carbon trading [21 Feb 2010]
Revision Presentation - Market Failure & the Environment [21 Feb 2010]
Sub-prime carbon - government failure? [5 Nov 2009]
Steelmakers stock up on surplus carbon permits [16 Sep 2009]
Australia delays carbon trading because of recession [4 May 2009]
Global airlines nudge towards carbon emissions trading [10 Apr 2009]
Economic slump cuts EU carbon emissions [4 Apr 2009]
New Revision Presentation on European Carbon Emissions Trading [21 Feb 2009]
Coal and CO2 emissions - Poland [12 Dec 2008]
Back to the cave or a brave new world? [22 Sep 2008]
Windfall gains for the biggest polluters [13 Sep 2008]
Drax feels the heat of rising carbon prices [6 Aug 2008]
Tim Harford on carbon negativity [25 Jul 2008]
Oil sands - an enviromental catastrophe? [11 Jul 2008]
EU airlines to be included in emissions trading [10 Jul 2008]
Carbon trading for down under? [5 Jul 2008]
EU Tells Airlines to Pay for Emissions [30 Jun 2008]
Stern warns that cost of tackling climate change has doubled [30 Jun 2008]
Weigh less - pay less [28 Jun 2008]
Backbone needed for a carbon tax [25 May 2008]
12 Must Revise Topics for A2 [18 May 2008]
Renault-Nissan announce entry into low-cost car market in India [12 May 2008]
Carbon Trading - News Update [9 May 2008]
Jeffrey Sachs on Carbon Trading [5 May 2008]
Meeting the CO2 challenge [7 Apr 2008]
Carbon prices head higher as emissions targets start to bite [3 Apr 2008]
OCR 2888: New SMMT report on CO2 emissions [25 Mar 2008]
The Big Question looks at carbon trading [11 Mar 2008]
Information failure on plastic bags? [9 Mar 2008]
Trading Carbon [18 Feb 2008]
Living the high life [17 Feb 2008]
The London Pollution Charge [13 Feb 2008]
Unintended consequences of the smoking ban [9 Feb 2008]

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