Tag Archives: Carbon

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 … Continue reading

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Posted in Carbon credits | Tagged , , , , , , | 62 Comments

EU carbon sinks to new record low – loses nearly 40% of value in January

From the told ya so department, after a small dead cat bounce yesterday due to an auction, traders are unloading today. Yesterday’s closing price was 5.02, today it is 4.64. That’s a value loss of 8% in a single day. … Continue reading

Posted in Carbon credits | Tagged , , , , , , , | 21 Comments

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 … Continue reading

Posted in Carbon credits | Tagged , , | 38 Comments

Monetizing the Effects of Carbon

Guest Post by Willis Eschenbach I see that the New York Times (NYT) is going to close their environmental desk. Given that there still are actual environmental problems on the planet, I consider the closing as a sad commentary on … Continue reading

Posted in Alarmism, Biomass | Tagged , , , , , , , , , , , , | 229 Comments

Global carbon market expected to crash, already loses half of its value since 2011, from $18 to less than $10 in 2012

Global Carbon Market Hits $176 Billion in 2011 By Jo Nova Global Carbon Market trading climbed to $176 billion in 2011 according to the The World Bank, which has just released it’s annual State and Trends of The Carbon Market … Continue reading

Posted in Carbon credits | Tagged , , , , , | 52 Comments

Making Things Matters

Guest post by Viv Forbes According to those pushing the (Australian) carbon tax, 500 bureaucrats googling away quietly in Canberra and generating little useful except carbon dioxide exhalations, are more valuable than 500 farmers, foresters, fishermen, workers and miners whose … Continue reading

Posted in carbon tax | Tagged , , , , , , , | 72 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

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