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 carbon price, where Friday saw a 10% drop in a single day to add to…

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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 from Germany and relatively healthy supply of coal continued to force European power and coal…