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SEARCH More than 5,600 stories! A great gift for crisis deniers! Humoring the Horror of the Converging Emergencies 94 color pages $24.99 now $15! Or read FREE online! Twitter Ping this story in social media: del.icio.us Digg Newsvine NowPublic Reddit Facebook StumbleUpon

Posted Wed Jun 11 2008: from MIT: Carbon emissions trading in Europe: Working well, lessons learned http://apocadocs.com/s.pl?1213189552 For the past three years, the European Union has been operating the world's largest emissions trading system and the first system to limit and to trade carbon dioxide emissions. An MIT analysis of this initial "trial" phase finds that—despite its hasty adoption and somewhat rocky beginning—the European Union cap-and-trade system has operated well and has had little or no negative impact on the overall EU economy. [Read more stories about: carbon emissions, smart policy] New!: No reader quips yet -- be the first! Got a PaniQuip? Your Quip (limit 140 characters, no links, just wit): First name: The text shown in the Web image to the right: We reserve the right to reuse, remove, or refuse any entry.

The ApocaDocs say: Given the dollar-to-euro exchange changes over those three years, I'd say the US has some cap'n'tradin' up to do. NEXT> More stories: G8+5 Science Academies Call for International Action on Climate Change, Global Health Farmers who plant -- or replant -- after June 20 may see yields drop by half (Carbon emissions trading in Europe: Working well, lessons learned) Small farms are now our best chance of feeding the world Dragonfly native to Mexico spotted for first time in Rio Grande Valley Want to explore more? Try the PaniCloud!

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