Many readers know the story of the Viking turned King who was said to be able to hold back the sea, only to realize that he had no such power.…
Category: Carbon credits
Lords a leapin
Guest post by Mike Jonas From the UK’s BBC comes this news item: Trillion-euro shortfall facing EU energy sector – Lords Committee Under the obligatory photo of chimneys spewing steam,…
EU Carbon price continues to fall amid reports of distant EU prop-up and $9 million carbon credit scam
The news from Reuters Point Carbon today is not good: Germany unlikely to form CO2 backloading position before Sept: Ireland 22 Apr 2013 11:22 Last updated: 22 Apr 2013 13:03…
Lawsuit challenges California cap and trade program – "…only way to capture CARB's attention."
While the EU carbon trading market began its death spiral this week, much like the Chicago Climate Exchange (CCX) where it ended up at a nickel per ton when the…
Watching the death of the EU Carbon Market
From the GWPF: Europe’s New Anti-Green Majority Scores Huge Victory EU Parliament Refuses To Save Its Dying Carbon Market The European Union’s climate change policy is on the brink of…
Obama By-Passes Gas
Guest Post by Willis Eschenbach President Obama continues his Global War on Cheap Energy™, this time under the guise of avoiding “spikes” in gasoline (petrol) prices. He wants to pass…
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…
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.…
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…
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,…
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…
The carbon trading money tree
If the carbon trading business seems too good to be true, maybe there’s a good reason Guest post by Kelvin Kemm The COP-18 environmental conference held in Doha has come…
What's up with RGGI? Moving the cap down.
Guest post by Ric Werme Things have been pretty quiet in the northeast’s the Regional Greenhouse Gas Initiative (RGGI). New Jersey has gotten out and remains out, New Hampshire didn’t…
Is Al Gore the Latter Day Pardoner?
Carbon Credits Are Modern Indulgences. Guest post by Dr. Tim Ball Geoffrey Chaucer (c.1342 – 1400) is among the giants of English literature, recognized for his perceptive and realistic stories…
'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 carbon corruption: Iran, Sudan, and North Korea get millions in U.N. carbon credit funds
From the Washington Free Beacon by Zach Noble, how a half page of the Kyoto protocol turned into a free ride for corruption. Carbon Corruption Iran, North Korea, Sudan rack…
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…
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…
Increased CO2 Emissions Will Delay Next Ice Age
Sir Fred Hoyle Vindicated (Via Dr. Benny Peiser of the GWPF) According to new research to be published in Nature Geoscience (embargoed until 1800 GMT/10AM PST, Sunday 8 January 2012),…
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…
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…
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…
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…
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…
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