Wynne Ignores Lessons Learned on the Pitfalls of Cap and Trade

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Date

March 1, 2016

News Type

Media Highlight

Source

Troy Media

"And another economist with a long career studying cap-and-trade systems, Ian Parry at the respected U.S. think-tank Resources For the Future (RFF) observed 'Freely allocated tradable emission permits may actually hurt the poor the most, as they transfer income to shareholders via scarcity rents created at the expense of higher prices.'"

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