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Ok, I admit I am not the sharpest tack in the box when it comes to global finances and "green" initiatives, but this kind of thing boggles my mind.
1. How do you place a monetary value on pollution that can be traded in stock exchange?
2. If all you are doing is trading your pollution output for someone else's pollution output, how is that supposed to eventually decrease the total world "greenhouse gas" content?
It all sounds like so much economic chicanery to me.
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"Solitude is strength; to depend on the presence of the crowd is weakness. The man who needs a mob to nerve him is much more alone than he imagines."
~ Paul Brunton (1898-1981)
R.D. Winters
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