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Between the lines: Carbon trading is failing in its basic ‘green’ function

Posted on 18 February 2009

From Scotsman.com: Last summer, the price of carbon dioxide on the EU emissions trading market hit a peak of 30 a tonne. But then came the recession and the oil crash. By the start of February, was trading at only 11.80 (£10.42).

Last week it hit an all-time low of 8.20 for this phase of the scheme, though the volume of trading remains high. At this price, no longer provides an incentive for investing in “clean” technologies and renewables….. Full Article: Source


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VRS - who has written 37608 posts on Opalesque Commodities Briefing.


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