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Governments around the world are proposing carbon limits for manufacturing and energy production. That most certainly will increase the cost for power. But, countries that pay more for electricity as a result of lacking resources, taxation rates, etc., are not necessarily less competitive. Just look to the Emerald Isle for that. But will carbon caps, or taxing companies based on how much carbon dioxide they produce, really help the environment? Or will it simply create a new level of regulation and a speculative trading market?
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