- Texas man arrested for powder-letter hoax
- Islamic State opens ‘marriage bureau’ for single jihadists
- Drone almost blocks California firefighting planes
- Tornado rips off roofs, downs trees near Boston
- GOP: Environmental rules keeping agents from accessing border
- John Kerry: Millions displaced by religious fighting in 2013
- Federal appeals court rules against Virginia’s gay marriage ban
- White House says Russia ‘losing’ war in Ukraine
- Hamas turns to North Korea for weapons deal, Iran for money
- Syrian casualties surge as jihadis consolidate
By David Keene
Allowing states to innovate could reduce dependency on bureaucracy
Topic - Dallas Burtraw
Mr. Burtraw, a senior fellow at research nonprofit Resources for the Future, said in addition to the two recessions since 2008, European policies, such as those that pushed for renewable energy, also reduced demand for carbon emissions.
"In theory, it shouldn't matter when they introduce these allowances. Delaying it shouldn't have an effect on price," said environmental analyst and economist Dallas Burtraw. "But investors seem to be taking this action as a signal of the European Union's commitment to support the carbon market, and that has helped to drive up prices."