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…
Tag: Emissions trading
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…
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:
"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…
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…
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…
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…
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…
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…
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…
California's AB32 global warming law put on hold by judge
From the LA Times, some “climate justice” for the poor:
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.…
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…
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…
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…
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…
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…
Demented thinking: Copenhagen didn't work – but taxes will
This is from a press release embargoed until 00:01 today (it says). I don’t know why, there’s nothing new here, because Nordhaus said the same thing well over a year…
Chicago Climate Exchange = FAIL, Now California opens "Pacific Carbon Exchange"
UPDATE: related story shows what can happen when emissions trading doesn’t have proper checks and balances – Carbon trading tempts firms to make greenhouse gas California hasn’t learned from the…
Exposed: A $7-billion carbon scam
Here’s more clear evidence that the Carbon Trading industry is doomed. Not only has carbon trading been halted in the USA due to lack of a market and ludicrously low…
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