The ETS is the international trading scheme that will be managed...

The ETS is the international trading scheme that will be managed by the United Nations. They love it as it guarantees them permanent funding.

They will create and allocate the carbon credits in circulation, they will define the amount each industry requires to purchase each year.

In reality it's just another derivative scheme by the vampire squids of the world. Money for nothing and control over everything. We're effectively being sold out only the majority of people are too stupid to see it.

The Carbon tax is just politically easier to sell, especially if they pretend it has no impact. Then when it's in they hand us over to be financially raped by the very same people screwing up the northern hemisphere right now.