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Carbon Markets Are Making a Slow, But Steady, Comeback

  • The prophets of carbon markets think their day has come. Again
  • OECD head chides politicians for being ``a little trivial''
Coal-Fired Power Plants As Natural Gas Becomes Main Source Of U.S. Electricity Generation
Photographer: Luke Sharrett/Bloomberg
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Two decades ago, Richard Sandor had a grand plan to reduce the pollution that causes global warming -- and maybe get rich in the process.

The rich part worked. For the rest, reality intervened.