America’s only nationwide carbon trading market will shut its doors next month, a tacit acknowledegment that Republican gains in Congress spell doom for any sort of federal greenhouse gas regulations. But other countries — even mega-polluter China — are ready to fill the void.
Whatever the views on cap-and-trade systems for greenhouse gas emissions, everyone can agree that it doesn't work when cyber-thieves fraudulently obtain and resell the carbon credits. The mysterious culprits behind a "phishing" scam managed to make millions off of European allowances that permit companies to emit a certain amount of greenhouse gases per year, according to Der Spiegel.
Five amazing, clean technologies that will set us free, in this month's energy-focused issue. Also: how to build a better bomb detector, the robotic toys that are raising your children, a human catapult, the world's smallest arcade, and much more.