The last barrel ///

These are rough times, of late, for bureaucrats’ environmental agendas. First, as reported by our Capitals page contributor, Øystein Noreng (see page 25 for details), Europe’s mad dash to everything “green” at any cost is faltering, thanks to the European Parliament (EP). The EP’s refusal to approve a cut in emission quotas for sale, thereby cutting out the legs from under carbon prices, is a stinging indictment of the green policies pushed by Brussels-based bureaucrats.

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