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Won’t the Emissions Trading Scheme sort things out?

April 26, 2017emissions Scheme sort trading

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Won’t the Emissions Trading Scheme sort things out?

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The emissions trading scheme is already up and running and yet we have 7 new coal plants proposed for the UK with at least three of them intended to be burning coal – unabated – by 2012 – the year that the tougher caps for emissions trading come into play. So clearly ETS is simply not working well enough to stop new coal plants.