Tag Archives: European Union Emission Trading Scheme

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

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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

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