WSJ-Europe: Cap-and-Trade Collapses; ‘European Parliament refused to save the EU’s failing program, which is true-believer equivalent of the pope renouncing celibacy’

One of the great policy bubbles of our times has been cap and trade for carbon emissions, and on Tuesday it may have popped for good. The European Parliament refused to save the EU’s failing program, which is the true-believer equivalent of the pope renouncing celibacy.

Read more at the WSJ-Europe ($ubscription required).

One thought on “WSJ-Europe: Cap-and-Trade Collapses; ‘European Parliament refused to save the EU’s failing program, which is true-believer equivalent of the pope renouncing celibacy’”

  1. The Byzantine Church never took up clergy celibacy and the Biblical basis for celibate clergy is fishy. Paul’s writings do support keeping women’s roles in the church quite small, though.
    This is much more like the pope announcing that birth control is okay — at least that would be my analogy.

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