On Recession, Carbon Credits and Public Projects

摘要

During the present recession, political leaders in a number of Western economies have presented emergency schemes with strokes of traditional keynesianism. Infrastructural projects planned years ahead will be started earlier than planned and investment in green technology will be given high priority and public financial support. In the following the effects of implemented keynesianism on the system of carbon credit trading will be discussed.rnAs global recession shakes industries and financial institutions all over the world and private consumption sinks drastically, politicians and economists eagerly rush forth to prescribe remedies.