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This decline has been spurred by a series of factors, like illicit file-sharing online, CD burning, high prices and competition from products like DVD's and video games.
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A withholding of 1.4 billion E.U.A.'s would certainly help restore price tension, as a renewed E.U.A. shortage would force power generators to switch from burning high-carbon coal to natural gas, implying a carbon price of about €21, given present coal and natural gas prices.
Airlines are burning through cash as they struggle with high prices for fuel, which has eclipsed labor as their biggest cost.
Allowing the sale of a dirtier-burning blend, in place of a cleaner-burning one, might alleviate a supply bottleneck that is contributing to high prices.
The runup has become a major political issue, as Mr. Gore and officials at the Environmental Protection Agency have sought to deflect criticism that the high prices are because of the mandate for cleaner-burning reformulated gas.
In a separate case, the S.E.C. in January accused Rauscher Pierce of defrauding investors and the State of Arizona by engaging in "yield burning," in which Treasury bonds are sold to state or local governments at artificially high prices.
High prices discourage pollution.
Naturally, they fetch high prices.
They are fetching high prices.
Enough with the high prices.
High prices create crime.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com