California under Governor Jerry Brown is actually doing some of that now in funneling a revenue stream from its carbon cap and trade auctions into renewable energy and high speed rail development.
But even though there was clearly much admiration among some artists, who traded auction catalogs collecting one another's signatures, or tags, many of the artists spent the week settling old scores and trying to validate their places in the graffiti pantheon.
Should Arnault be able to buy Sotheby's, then he will be able to consolidate it with Phillips, creating a giant publicly traded auction house with the international marketing muscle of LVMH behind it.
State cap-and-trade auction falls far short, hurting bullet train.
Regulators holding cap-and-trade auction as lawmakers consider next steps on climate change.
The state's Air Resources Board held its third cap-and-trade auction, selling out 2013 permits at a record price.
Gasoline prices, for example, are headed up under several very complex regulatory systems, including the state's low-carbon fuel standard and the cap-and-trade auction market.
During budget negotiations earlier this month, a Brown administration finance official told a legislative committee that significantly lower than expected revenue from the most recent cap-and-trade auction contributed to the decision to hold back the cash.
They are sold by the Adirondack Council, a nonprofit group that watches over New York's 9,300-square-mile Adirondack Park and sells $25 certificates for carbon emissions that it obtained at carbon trading auctions.
In the last decade the Internet has served as a virtual petri dish for new ideas -- from low-cost communications systems that have redefined telephone, radio and television, to business methods that have remade industries like stock trading, auctions and bookselling.
