Standard Cost Model

Cap and trade our way out of red-tape pollution

WHAT do carbon emissions and red tape have in common? They are both unwanted by-products. Carbon emissions result from the use of energy, whereas red tape is caused by regulation. Since both of them are a kind of pollution, there is no reason we should treat them differently. [...]

A European triumph amid the chaos

Where there is huge complexity, there should also be the greatest desire to cut it back. So perhaps it’s only natural that the most interesting way of reducing the costs of regulation originated right in the heart of Europe, in the Netherlands. [...]