Tag Archives: Emissions trading

US Carbon Dioxide Emissions – down by source

I’ve often said my email is like a fire hose. Here’s an example of something that got lost in the stream and I didn’t find it until last night while looking for another email. Zeke Hausfather writes (In August 2012): … Continue reading

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Posted in Carbon dioxide, carbon tax | Tagged , , , , , , , | 42 Comments

‘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 … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | 87 Comments

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 … Continue reading

Posted in carbon tax | Tagged , | 58 Comments

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 … Continue reading

Posted in Climate News, Opinion | Tagged , , , | 99 Comments

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

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

The disparity of carbon dioxide emissions vividly illustrated by competing news stories

I noted this juxtaposing today, and thought I would share it. First this story from Reuters today: EU capped emissions fall below expectations * Carbon prices drop to record low * Power sector down 3.1 pct, others off by 0.5 … Continue reading

Posted in Coal, Energy | Tagged , , , , , , , | 43 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

Oh that’s gonna leave a mark – EU carbon trading ‘worthless’

From the I’ve been telling you so for some time now department comes this headline from Bloomberg. And it is getting desperate in the carbon market. Readers may recall last week I reported two new record lows on the EU … Continue reading

Posted in Cap-and-trade, Carbon credits, carbon tax | Tagged , , , , , , , , | 67 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

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 … Continue reading

Posted in Carbon credits | Tagged , , , | 55 Comments

EU aircraft carbon emissions tax crashes and burns

From the BBC comes this bit of good news: EU suspends aircraft emissions trading rules The European Union has agreed to suspend its rules that require airlines flying to and from airports in the EU to pay for their carbon … Continue reading

Posted in carbon tax | Tagged , , , , , , , | 51 Comments

‘Almost half of the CO2 transfers into the US are caused by the American trade deficit’

From the Potsdam Institute for Climate Impact Research (PIK) Constraining world trade is unlikely to help the climate Instead, researchers were able to pin down a number of factors explaining the pronounced imbalances between emission importers and exporters, the US … Continue reading

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

John Coleman on the California Cap and Trade Law

John Coleman, founder of The Weather Channel, writes on his Facebook Page: I will be presenting a skeptical report on the new California Cap and Trade law on the KUSI News at 6 PM and 10 PM today. It will … Continue reading

Posted in Cap-and-trade, Opinion | Tagged , , , , , , , | 35 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

CARB’s Mary Nichols disallows presentation of public concerns on cap-and-trade carbon trading

Guest post by Lorraine Yapps Cohen California Air Resources Board (CARB) met on Thursday, May 24.  On the agenda was discussion toward deciding where and how to spend the billions raised from cap-and-trade carbon trading in the state. At the … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | 70 Comments

Cap and Trade protest petition in California

Thousands Petition Gov. Brown To End Cap And Trade By Amy Quinton, California Capitol Network Californians Against Higher Taxes and business groups delivered the petitions against what they call an illegal and hidden energy tax. The cap and trade program … Continue reading

Posted in Cap-and-trade, Carbon credits | Tagged , , , , , , , | 52 Comments

Newsbytes: Climate Hysteria Threatens Global Carbon War

By Dr. Benny Peiser of the Global Warming Policy Foundation Russia is considering limits on European flights over Siberia as countries approve possible retaliatory measures against the European Union’s move to force airlines to pay for carbon emissions. “We intend … Continue reading

Posted in Uncategorized | Tagged , , , , , , , | 20 Comments

China Warns EU’s Green Fanatics Of Global Trade War

Via the GWPF, the great war of flying carbon credits appears to be massing on the border. China has warned the European Union to abandon its controversial carbon tax on airlines or risk provoking a global trade war. Adding weight … Continue reading

Posted in Carbon credits, Politics | Tagged , , , , , , , | 93 Comments

EU carbon trading in freefall

Looks just like what happened to the Chicago Carbon Exchange is about to repeat in Europe. Source: http://www.barchart.com/charts/futures/CKZ11 By Thomson Reuters Point Carbon LONDON | Wed Dec 14, 2011 12:01pm EST LONDON (Reuters) – EU carbon prices fell to their … Continue reading

Posted in Carbon credits | Tagged , , , , | 87 Comments

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

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

Pacific Gas and Electric: not so climate smart after all

When you can’t sell this on the green left coast, you know its gotta fail worldwide. Gotta love this quote, one of the best denials of reality I’ve ever seen:

Posted in Cap-and-trade, Climate FAIL | Tagged , , , , , , , | 100 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

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

Take away the IPCC’s cash source, problem solved

To Kill IPCC, Cut the Cash Source:  SPPI by Dennis Ambler UN climate chief promotes carbon trading in Africa I would suggest that many people think that the UN policies on “global warming/climate change/wealth re-distribution, emissions trading, etc” emerge only from the … Continue reading

Posted in Al Gore | Tagged , , , | 32 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

British industry asks government to rethink climate policy

Some newsbytes from Dr. Benny Peiser at the GWPF At Last: UK Industry Demands Government Rethink On Unilateral Climate Policy The Confederation of British Industry (CBI) confirmed today that it will ask government to rethink conflicts of interest between low … Continue reading

Posted in Climate News, Politics | Tagged , | 34 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

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

Waxman, Markey, and Inslee’s argument

Last week the House Energy & Power Subcommittee marked up H.R. 910, the Energy Tax Prevention Act. Today, the full House Energy & Commerce Committee will mark up the bill. Opponents, especially Reps. Waxman, Markey, and Inslee, viciously attacked the … Continue reading

Posted in Politics | Tagged , , | 117 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

Prop23 cap-n-trade gets tangled in environmental review

Oh this is delicious sweet irony…they adopted a plan but didn’t bother to make a complete environmental review like any other project in the state is required to do. That’s what they get for ramrodding the thing. From the: Calif. … Continue reading

Posted in Politics | Tagged , , , , | 39 Comments

Quote of the Week

It is no secret that we don’t think much of carbon trading here in the USA. Witness the fact that the much ballyhooed Chicago Climate Exchange has closed up trading for good after the spot price for carbon fell to … Continue reading

Posted in Uncategorized | Tagged , , , | 50 Comments

Euro Carbon Market Fraud – trade suspended

From the Telegraph: European carbon market suspended over fraud fears The European carbon market has been thrown into turmoil after the scandal-hit scheme was suspended for a week over suspicions of fraud. More than €2bn (£1.7bn) of trade is likely … Continue reading

Posted in Uncategorized | Tagged , , | 69 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