EU Carbon Trading ‘death spiral’ continues

UPDATE: it’s worse than we thought, see below. Carbon has closed below $4 a ton in a new record low while Deutsche Bank bails From Reuters: Deutsche Bank quits carbon market: board member 31 Jan 2013 12:42 Last updated: 31 Jan 2013 15:04 LONDON, Jan 31 (Reuters Point Carbon) – Deutsche Bank has shut its…

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End times for carbon trading

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:

European Carbon Trading Hits Another Record Low

Sluggish German economy forces EU carbon to record low 17 Jan 2013 17:26 Last updated: 17 Jan 2013 21:32 LONDON, Jan 17 (Reuters Point Carbon) – EU carbon prices hit a fresh record low on Thursday as poor economic data from Germany and relatively healthy supply of coal continued to force European power and coal…

The carbon trading money tree

If the carbon trading business seems too good to be true, maybe there’s a good reason Guest post by Kelvin Kemm The COP-18 environmental conference held in Doha has come and gone. In the wake of high expectations for a successor treaty, the Kyoto Protocol was extended, but only after bitter debate – and several…