Readers may recall this story this past week at WUWT: European Carbon Trading Hits Another Record Low.
It was a short lived record, beaten again the very next day.
Today, from Reuters Point Carbon, a view of the end times for carbon trading:
EU carbon plummets 10 pct on German sale cancellation
18 Jan 2013 17:12
LONDON, Jan 18 (Reuters Point Carbon) – European carbon prices plunged by as much as 10 percent on Friday after energy bourse EEX cancelled a German auction for 4 million EU Allowances, citing a lack of demand.
See also this essay at WUWT: The carbon trading money tree
- EU Carbon Permits Plunge to Record After Germany Cancels Sale (bloomberg.com)
- Eco Scams: Carbon market worth plunged by over a third in 2012 (blacklistednews.com)