The banksters and their hordes of related societal parasites will fight on to the bitter end. Even so, the conclusion to this article in TIME magazine suggests the possibility of a white flag being rolled out by some of their influential media supporters:
…the hope that we may be able to reduce carbon emissions the same way we cut pollutants like sulfur dioxide and nitrous oxide—through a well-run cap-and-trade —seems to be dimming, a victim of its own complexity and a sluggish global economy. That might leave the door open for other policies, including a straight carbon tax, more support for renewables or increases R&D funding for carbon-free power. We could use all three, but carbon markets may be finished. If carbon trading can’t make it in Europe, it can’t make it anywhere.