Carbon trading: saving the environment by monetising it?

... improvement in daily lives of the most destitute, politicians have realised that it cannot continue at the price of the planet and started searching for effective sustainable growth policies. Command, tax or trade? The three policy responses to skyrocketing CO2 emissions were command-and-control laws, carbon tax, and cap-and-trade systems. Command-and-control refers to the military-style management of greenhouse gas emissions: government officials decide how much pollution is acceptable, the same officials are in charge to choose the best way to reach the target, ...