The Sky is Not the Limit

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Emissions trading lies at the crossroads between two of the most controversial faultlines in political-economic debate: Is neo-liberalism an engine of prosperity for all, or a monopolisation of global resources for the few? Is the United Nations undergoing a fatal crisis of legitimacy, or is it the last remaining hope for world peace and justice? "The Sky is Not the Limit" sets the stage for the emerging emissions markets and poses the question as to whether people are being cheated in the name of sustainable development.

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Introduction

What is emissions trading?

The origins of emissions trading

Trading rules

Kyoto in context

Snapshots of key players

Conclusion: Can emissions trading work?