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European Union Cap-and-Trade Hasn't Given Price Signal, Investor Poll Says

October 4, 2010 By James Handley

European Union Cap-and-Trade Hasn’t Given Price Signal (Bloomberg)

Filed Under: International

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Quote of Note

We cannot change the fact that in Florida we have hurricanes, so we shouldn’t be penalized for it. This is why we have the federal government.”

Orlando Diaz, president of the Florida Association of Mortgage Professionals, quoted in Lydia DePillis, Mortgage Regulators Are Shrugging Off Climate Risk. It Could Cost Taxpayers Billions, NY Times, Dec. 7.

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