Simple Fact - Carbon trading won't work

LA Times: Michael K. Dorsey, MICHAEL K. DORSEY, assistant professor on Dartmouth College's faculty of science, teaches in the environmental studies program. Economists, some environmentalists and a growing gaggle of politicians are pushing a grand strategy that a market mechanism – known as "carbon cap and trade" – can rescue us fastest from a climate catastrophe. But early evidence suggests that such a scheme may be a Faustian bargain. Gov. Arnold Schwarzenegger ... Link