'MartiniStocks9756' pid='64844' datel Wrote:Nobody wins climate discussions. Ya pick your side and highly unlikely you can convince anyone to go in a different direction.
True but one can at least expose the strengths of some arguments. I mean it has been asserted that we should not use cap and trade schemes because "wealthy traders will make money" (and then, God forbid, it is asserted they "make political donations with it..")
Apart from the fact that there will also be traders making losses, and that it is a market based solution for a market problem, do we have to close all markets where wealthy traders make money? Or use the proceeds for political donations?
There will be few markets left..
I've always learned that one of the reasons markets are usually efficient is because people want to make money, silly me..