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Beware, CO2 credits are like fool’s gold

Posted on 14 January 2013

At the moment CO2 credits have dropped to $1.50 a tonne, according to the latest price information. Industry can buy CO2 credits at this new low price of $1.50 a tonne, meanwhile the long-suffering public are still forced to pay the $12.60 a tonne set by government on the price of energy we use.
Nick Smith kept telling us the tax on fuel and electricity was not a tax but an emission trading scheme. If this tax is a trading scheme it should be affected by the new low price being paid at the moment of $1.50 a tonne………………………………………..Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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