Carbon con
As has been said carbon credits are traded like stocks - in other words they're not worth the paper they're printed on.
The way this is set up it is just a revenue stream burdening everybody with a tax which once in the <exchange> generates profits for the few and misery for the rest.
Pyramid selling and Ponsi schemes are illegal yet here comes another <legitimate?> scheme from those non elected gravy train riders in Europe.
The farce continues while, as usual, the supine Brits lie there and think of England while being shafted yet again.
More power to the US, China, and any one else with the balls to stick two fingers to these people.