The results are coming in for Europe regarding the carbon trading scheme--the capitalist's ploy to pretend that they are doing something about fossil fuel pollution.
Emissions trading, the European Union hoped, would limit the release of harmful greenhouse gases. But it isn't working. The price for emissions certificates has plunged, a development that is actually making coal more attractive than renewable energy.Environmentalists have been warning the world about this scam for years. See this and this.