The news from Reuters Point Carbon today is not good:
Germany unlikely to form CO2 backloading position before Sept: Ireland
22 Apr 2013 11:22 Last updated: 22 Apr 2013 13:03
DUBLIN/LONDON, April 22 (Reuters) – Germany will unlikely vote for or against an EU emergency plan to prop up carbon prices before the nation’s federal election on Sept 22, Ireland’s Environment Minister and chair of EU talks on the matter Phil Hogan said Monday, raising the prospect attempts to fix the EU’s carbon market could drag on.
EU carbon sinks below 3 euros as record supply looms
22 Apr 2013 18:11
LONDON, April 22 (Reuters Point Carbon) – EU carbon allowances dropped more than 10 percent to below 3 euros on Monday as traders braced for record supply from government auctions this week.
Two men jailed for running $9 mln UK carbon credit scam
22 Apr 2013 12:45
LONDON, April 22 (Reuters Point Carbon) – A London court has jailed two men for operating a carbon credit boiler room scam that defrauded hundreds of British investors of $9 million to fund lavish lifestyles in Spain, City of London Police said on Friday, concluding a three-year trans-Atlantic investigation.