"'It is of significance in terms of the degree to which were seeing cap-and-trade systems increasing around the world,' said Robert Stavins, director of Harvard University’s Environmental Economics Program. 'It’s a setback, but I don’t think it’s critical. It’s certainly not existential for California or Quebec.'"
Ontario to Scrap Carbon-Cutting Plan as It Expands Elsewhere
Media Highlight from Bloomberg — June 15, 2018