Here's a short bit in the Pittsburgh Tribune-Review on the "carbon credits" movement and how it creates a new form of feudalism.
Under the ruse of "protecting the planet," certain well-connected bureaucrats and politicians will determine how much coal, wood or petroleum products they will allow a person, business and even a country to use.
This resembles the government-chartered monopolies in the age of mercantilism. In fact, it will be a type of Marxist monopoly envisioned in Ayn Rand's novel "Atlas Shrugged." And who stands to benefit for this feudal right to allocate resources and sell the permission to use carbon?
Well said, I think. Read the story to learn who benefits.