In The Field

Carbon conference: Getting down to business – and politics

Despite the optimism, it doesn’t take long wondering through meeting rooms here to realize that restructuring the global economy won’t be easy. I’m in a room with a few hundred other people listening to a panel of business representatives, analysts and investment bankers talk in mind-numbing detail about the intricacies of cap-and-trade systems. Terms like “additionality,” “fungibility” and “compliance eligibility risk” are bandied about with impunity. 

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