A brief article in the National Post today on a speech by Alan Greenspan to a group of Toronto business folks...Greenspan is quoted as saying that cap and trade is either ineffective because the target is too high (a la EU system) or if effective, causes costs to rise sharply, knocking out competitivity and creating job loss. Wonder if anyone asked him about carbon taxes?
Link to NP article
Link to Financial Post article from yesterday on the same speech
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