Category Archives: Carbon credits

UEA: shake-shake-shake up your Carbon at Durban

From the University of East Anglia  some news that a Major shake-up of carbon markets is called for. To that I ask: what carbon market? Seems they are pretty much DOA now. Research from the University of East Anglia calls … Continue reading

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Posted in Cap-and-trade, Carbon credits, Durban Climate Conference | Tagged , , , | 44 Comments

Maryland, quite possibly even more la-la land than California

While California has committed economic suicide with their ridiculous carbon trading plan that nobody wants, Maryland seems to think that magically, green jobs and non baseload power sources will “improve reliability” of electric power. From my perspective, seeing how well … Continue reading

Posted in Cap-and-trade, Carbon credits, Carbon footprint, Energy | Tagged , , , | 80 Comments

They had to burn the village to save it from global warming

From Wikipedia: One of the most famous quotes of the Vietnam War was a statement attributed to an unnamed U.S. officer by AP correspondent Peter Arnett. Writing about the provincial capital, Bến Tre, on February 7, 1968, Arnett said: “‘It … Continue reading

Posted in Carbon credits | Tagged , , , | 64 Comments

“Technology funding makes climate protection cheaper”

From the Potsdam Institute for Climate Impact Research a call to bring on the carbon trading and other tools. Of course, its all just modeling again. 09/19/2011 – To cost-effectively protect the climate, not only an emissions trading scheme but … Continue reading

Posted in Cap-and-trade, Carbon credits | Tagged , , | 42 Comments

Death of a carbon salesman: Chicago Climate Exchange

It was essentially dead when we announced on WUWT Chicago Climate Exchange(CCX) was halting carbon futures trading last year. Note the flatlined final price of 5 cents per ton: My only question now is “what took them so long”? From … Continue reading

Posted in Cap-and-trade, Carbon credits | 48 Comments

Corruption in the carbon trading market

Corruption and crime already taking place in the carbon market Opinion piece by Julie Bishop, Deputy Leader of the Opposition (Australia) 20th July 2011 Carbon offsets have already run out of credit “…..It is alarming that the Prime Minister has … Continue reading

Posted in Carbon credits | Tagged , , , | 43 Comments

Europe’s Green Agenda Folds As Economic Crisis Deepens

Newsbytes from The Global Warming Policy Foundation EU carbon prices have slumped 15% in one week, as a slew of bearish news took its toll on the markets. “It’s just been carnage these last few days,” said a trader at … Continue reading

Posted in Carbon credits | Tagged , , , | 40 Comments

EU Carbon Credit trading takes a dive. In Greece, they can’t hardly give EU carbon credits away

 Guest post by Ecotretas CO2 tumbling down Once upon a time, carbon trading was supposed to be the salvation for Earth’s climate problems. But as time went on, people started realizing that something was wrong. As usual, financial markets anticipated … Continue reading

Posted in Cap-and-trade, Carbon credits | Tagged , , | 55 Comments

Craziest carbon credit scheme yet – shooting camels in Australia

How to Create Carbon Credits – Kill a Camel. By Viv Forbes The people who brought us pink-bats and cash-for-clunkers have a new scheme – we can earn carbon credits by shooting wild camels, humanely of course. Surely it would … Continue reading

Posted in Carbon credits, Government idiocy | Tagged , , , | 151 Comments

Countdown to flatline: world carbon trading market falls for first time – World Bank reports rumblings of possible failure

I wonder how long before flatlining occurs, like last year with the Chicago Climate Exchange (CCX):   Even the Guardian is covering this “failure” of carbon markets. They write: The international market in carbon credits has suffered an almost total … Continue reading

Posted in Carbon credits | Tagged , , , , | 73 Comments

New Hampshire House Votes to Quit Cap-and-Trade

The New Hampshire House of Representatives, the third largest legislative body in the world, voted yesterday to end the state’s participation in the Regional Greenhouse Gas Initiative cap-and-trade program. The House voted 251-108 after less than 5 minutes of debate … Continue reading

Posted in Cap-and-trade, Carbon credits, Carbon dioxide, Carbon footprint, Climate News, Energy, Government idiocy, Politics | Tagged , , , | 51 Comments

California’s AB32 global warming law put on hold by judge

From the LA Times, some “climate justice” for the poor:

Posted in Carbon credits, Politics | Tagged , , , , , | 61 Comments

California’s AB32 cap-n-trade: “could be worse than sticky”

SPECIAL REPORT-The California Carbon Rush (Hold the Eureka!) It could be worse than sticky, argues Gary Stern, a power utility executive. Stern lived through the disastrous deregulation of the California power market a decade ago and fears the carbon market … Continue reading

Posted in Carbon credits | Tagged , , | 80 Comments

The “next big thing”: a carbon swap bank

Via Eurekalert: Carbon swap bank to beat climate change Could swapping carbon emissions rather than trading them reduce climate change? Australian researchers have suggested that nations should abandon the concept of carbon emissions trading in favor of a carbon swap … Continue reading

Posted in Carbon credits | Tagged , , | 55 Comments

Kyoto Protocol: Bad Science = Bad Policy

Guest Post by Ruth Bonnett As early as 1969, writings by Ayn Rand – philosopher and novelist – sounded the alarm bells on the environmentalist movement and the potential impact on our society: The uncontested absurdities of today are the … Continue reading

Posted in Agriculture, Carbon credits, Carbon dioxide, Carbon footprint, Environment, Government idiocy, IPCC, Opinion | Tagged , , , , | 97 Comments

New Hampshire to Consider Withdrawing from RGGI

RGGI is the Regional Greenhouse Gas Initiative, created by a group of ten northeastern states. RGGI runs a carbon trading scheme with the primary goal to reduce CO₂ emissions. Permits are auctioned off quarterly, September’s auction only sold 75% of … Continue reading

Posted in Carbon credits | 28 Comments

Chicago Climate Exchange = FAIL, Now California opens “Pacific Carbon Exchange”

UPDATE: related story shows what can happen when emissions trading doesn’t have proper checks and balances – Carbon trading tempts firms to make greenhouse gas California hasn’t learned from the failure of the Chicago Climate Exchange this year, when a … Continue reading

Posted in Carbon credits | Tagged , , , | 127 Comments

Exposed: A $7-billion carbon scam

Here’s more clear evidence that the Carbon Trading industry is doomed. Not only has carbon trading been halted in the USA due to lack of a market and ludicrously low prices of a nickel per ton, now it has been … Continue reading

Posted in Carbon credits | Tagged , , , | 70 Comments

Public carbon trading dead in the USA

Gore’s grand experiment has flatlined. As we reported almost two weeks ago, the Gore and Pachauri advised Chicago Carbon Exchange (CCX) has closed. Closing price? A nickel per ton of CO2. Here’s the final day closing page for posterity:

Posted in Carbon credits, Carbon dioxide | 122 Comments

US Carbon trading – not worth a plug nickel

I wrote a few weeks ago that The only lower price than today’s closing price on a ton of carbon is ZERO. That’s true now more than ever. See the chart below from yesterday’s close of the Chicago Climate Exchange: … Continue reading

Posted in Carbon credits, Carbon dioxide | 84 Comments