Will the EU ETS continue to fail? Aviation emissions will be included in it from 2012 which is good news only if it is working!

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I think the storyofstuff film raises some very good points and real problems with cap and trade as it currently stands, but i think that emissions trading can play a role and have a positive impact, because it can motivate significant activity in the right direction - but to do so it has to be properly constructed and regulated to avoid some of the issues the film raises...
However, that said I also think this film is very accurate on carbon offsetting at a personal level:


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