IPA responds: Property rights and the ETS

Emissions trading is not a 'free market' solution built on private property but a 'market-based' technocrats solution, the IPA contends.

Emissions trading schemes are a regulatory imposition to achieve reductions in greenhouse gas emissions, not a free market solution built on private property.

In Wednesday’s Climate Spectator Tristan Edis suggested I helped clarify his thinking about the merits of an emissions trading scheme over a carbon tax:

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