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Europe’s carbon trading market hits new low

Posted on 28 January 2013

The carbon market is the lynchpin of EU climate policy. And from this article in Speigle Online, it appears the market is down for the count: For those involved in European Union climate policy, the German regional election in Lower Saxony on Sunday was a nail-biter.
The hope for many was that Germany’s pro-business Free Democratic Party (FDP) would suffer defeat and leader Philipp Rösler, who has been under pressure within his party for weeks now, would be forced to step down as economics minister. But that didn’t happen. Instead, Rösler ended up in a stronger position than before, and the flagship project of Europe’s climate policy settled deeper into a lifeless coma………………………………………..Full Article: Source


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