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The right to pollute was becoming a marketable commodity, through proposals like cap-and-trade, which would permit companies to emit a fixed amount of pollution and trade with others for their allotments.
Writing for the majority, Chief Justice William Rehnquist explained that the Gun-Free School Zones Act was neither a regulation of the channels of interstate commerce nor an attempt to prohibit interstate transportation of a commodity through those channels.
"Price discovery", the process by which the market sets the real price of a commodity through assessing such factors, has been eclipsed, so the argument goes, by the huge amounts of money sloshing around in the system.
The key global mechanisms urgently needed to deal with this are making carbon dioxide a tradeable commodity through the cap and trade process already initiated in the EU (so-called carbon trading), and offsets under the clean development mechanism to assist developing countries to decarbonise.
A control-valve manifold uses an automatic valve to control and monitor the flow of a commodity through a piping system.
The change in energy intensity is analysed in more depth by quantifying the contribution of each commodity through the attribution of changes in Divisia indices.
Similar(48)
She was a communist who believed, like many of her 1960s generation, that change would come not through commodities but through revolution.
The antidote is buying gold and commodities through exchange-traded funds.
The funds allow investors and financial firms to access a basket of stocks or commodities through a single security.
The bridegroom, 30, works in Chicago as the director of special projects at Chopper Trading, a company that buys and sells stocks, bonds and other commodities through automation.
We're all into organic food and progressive politics; we just have different relationships to the commodities through which those attitudes are expressed.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com