Borenstein, sobre el ETS

Siempre mola que un "pope" como Borenstein esté de acuerdo con lo que ya he dicho yo antes :).

But if the emissions targets are being met at that price, what’s the problem? Why is the market being called a failure or irrelevant? Because nearly all observers recognize that it makes no sense to stick to a rigid quantity target for EU greenhouse gas mitigation when the real goal must be long-run development of alternatives to fossil fuels and other GHG emission sources. In particular, alternatives that are economic enough that the developing world might be enticed to adopt them.

Así que lo que propone Borenstein es un "cap and floor". Yo realmente proponía un mecanismo de ajuste automático, para dar más estabilidad todavía al precio, porque, como él mismo dice, se trata justo de eso...