Financial Times FT.com

Political realities will undermine energy pricing

Published: July 21 2008 03:00 | Last updated: July 21 2008 03:00

From Prof Roger Pielke, Jr.

Sir, Kevin Parker’s assertion (“Carbon emitters’ free ride is about to end”, July 17) that an increase in the price of carbon on the European market to €100 a tonne looks “inevitable” neglects the political realities of energy pricing.

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