tag:blogger.com,1999:blog-1752771132348583018.post6334912887152358982..comments2024-03-29T00:50:36.331-05:00Comments on Managerial Econ: Price of polluting fallsLuke Froebhttp://www.blogger.com/profile/06832270922187297624noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-1752771132348583018.post-1354946395295763412009-02-24T09:28:00.000-06:002009-02-24T09:28:00.000-06:00Yes, I've been living this for the past 2 year...Yes, I've been living this for the past 2 years. In the EU ETS (Emissions Trading System) supply is fixed by regulators (UN) and demand moves according to industrial output. Its a system that requires regulators to be dynamic and flexible, two characteristics of government for which we have few examples.John Macklehttp://www.blogger.com/profile/15141527889657806836noreply@blogger.com