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The financial industry is strongly biased in favor of carbon trading. You see, this becomes like trading stocks and futures and bonds. Hedge funds, high-speed traders, and every other kind of parasite can go do their thing to extract wealth.


Well, assuming that something must be done, carbon trading does seem like a sensible solution. But I am more interested in the forecast/outlook rather than mitigation options, hence the requirement for whoever is looking at it to be a sceptic apriori.




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