Bernie Gunther
Fundamentalist Druid
It's tricky though. A lot of what actually happens with the emissions regulation schemes so far is that they just turn into instant corporate welfare (surprise, surprise)
sourceEnergy Research Centre of the Netherlands (ECN) released a report "CO2 Price Dynamics: The Implications of EU Emissions Trading for the Price of Electricity" which analysed the effect that the free allocation of emission allowances had had on the price of electricity in Belgium, France, Germany and the Netherlands. It found that, although the emissions allowances had been issued to companies without charge, the fact that they could be traded and were in short supply gave them a market value and that a significant part of this market value was being passed to the consumer through higher power prices. The electricity producers had increased their profits as a result.

