If we measure the vibrancy of an economy by its energy use, the EU peaked in 2006 and is down 10%. The UK, alas has fallen even further and faster and is down 30%. John Constable at the GWPF has produced a damning report...
It’s being hailed as a “soaring investment” but it’s just the fake fiat carbon scheme that has been fiddled back to life. The EU ETS market had too many credits and crashed down to 5 Euro or less by...
It’s only been a week, and already the door is open to the emissions trading monster. The Nationals may have got Turnbull to agree in writing last Tuesday that he would not change the Abbott policies, but writing...
Global Carbon Markets peaked in 2011 at €96bn euro. Over the next two years they plummeted to €36bn* euro collapsing by 60%. Though the press didn’t seem in a hurry to convey that, and if I search, no government...
Oh the dilemma. German Greens have been so “successful” that coal use is rising fast. They helped get rid of the nukes in 2011, punished coal, and subsidized “renewables”. Energy has to come from somewhere,...
There once was a time when cap and trade plans looked like our best hope for limiting carbon emissions. But recent fluctuations in the European carbon market seem to indicate trouble in paradise. The prices of carbon allowances...
New Zealand signed up for an emissions trading scheme in November 2009, fully expecting Australia to sign in an ETS the next week. Thanks to one vote and an Abbot win, Australia didn’t sign up then, but will...
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 in 2012...
More signs Australia is leaping onto a burning ship as it starts carbon taxing, just as the largest carbon markets are winding up:
The collapse of the Man-Made Myth continues apace. You may not read headlines as such (at least not in major dailies) but all the signs are there.
A small group of selected rulers just raised a hand, changed the rules, and sent billions of dollars from some people to some others. This type of arbitrary control over the carbon market shows why it is a misnomer to call...
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