EU Refuses to Resuscitate Its Dying Carbon Market: Democrat Walter Russell Mead: ‘The most important piece of green intervention in world history has become an expensive and embarrassing flop’
'The EU has been the global laboratory testing the green agenda to see how it works. Today’s story means that the guinea pig died; the most important piece of green intervention in world history has become an expensive and embarrassing flop. It’s hard to exaggerate the importance of this for environmentalists everywhere; if the EU can’t make the green agenda work, it’s unlikely that anybody else will give it a try'
