‘Free market’ carbon trading solution to climate change?

From the University of Edinburgh Free market is best way to combat climate change, study suggests The best way to reduce carbon emissions and combat climate change is through the use of market forces, according to a new study. Researchers who monitored the effectiveness of the European Climate Exchange (ECX) – the world’s biggest carbon…

Australia’s carbon tax – an expensive sop to the Greens?

Guest essay by Phillip Hutchings The main political news down-under this weekend is that Australia’s flawed Carbon Tax is going to morph into an emissions trading scheme in 2014, one year ahead of schedule. That’s not surprising, as data is emerging from the one year old Carbon Tax scheme which makes it look more and…

The beginning of the end

Guest post by Dr. Vincent Gray NZCLIMATE TRUTH NEWSLETTER NO 308 APRIL 25th 2013 I have been neglecting you. Things have quieted down. I am 91 and it is high time I retired, like my friend Will Alexander in South Africa or my major protagonist, former Professor Martin Manning.. I thought I would call it…

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…