Looking through some old blog post drafts I found this and, although not timely, the content is still relevant since the discussion of cap-and-trade emissions reduction programs is ongoing in one for or another. Discussing a recent article by climatologist James Hensen, Paul Krugman explains the differences between carbon taxes and a cap-and-trade system. After [...]

I’m not sure which of these categories I’d fall into…. via Saturday Morning Breakfast Cereal

Yup, this got me a little excited too. If a statistical programming language like R could implement an interface such as this, the learning curve would be dramatically reduced and much easier to adopt.