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In 2005, the EU instituted a cap-and-trade system for businesses as a way to cut the emissions that drive climate change. Similarly, the EU has implemented a tax structure to cut emissions. Under this program, power plants and factories that emit carbon dioxide have to buy so-called allowances to account for the damage they cause.
Robinson and the Boston Consulting Group published a research report on the potential impact the Panama Canal expansion could have on logistics strategies and operations (watch my conversation with two of the authors in a recent episode of Talking Logistics ). Last month, C.H. I’m betting we’ll see a 35th short-term patch in December.
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