Pope Francis Takes "Bold and Honest" Stand on Pollution Trading In Encyclical Letter

Washington, DC — “Pope Francis is reiterating what scientists and advocates have been saying for years: we need to reduce carbon emissions to avoid catastrophic climate change. But it’s his bold and honest analysis of pollution trading that is most noteworthy.

 “The pope has cut through the distracting noise on a complex global issue. He’s parted the Wall Street smoke screen and acknowledged that so-called market-based approaches to environmental problems like cap-and-trade aren’t solutions at all.”

“This clear assessment puts him well ahead of the mainstream environmental movement on a critical issue.”

 “The only solution to limiting carbon emissions is effective regulation and an immediate transition to a renewable energy future. We can start by banning fracking and other extreme forms of energy extraction.”