Pricing Pollution

The idea of carbon markets was steadily gaining momentum prior to the financial crisis, but environmental markets became a sort of casualty of the crisis, with fiscal and sovereign debt crises causing a swift re-prioritisation of spending. But although these concepts have met with some inertia the problem of pollution and climate change remain, and ideas such as using free market forces to change incentives around carbon emission versus storage and sequestration are still very much valid. This documentary from Al Jazeera looks at the pricing of pollution in the context of Australia's scheme; one which could rival that of present largest European emissions trading scheme.

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