Carbon market chaos strikes again
What a surprise: The free-market-that-is-not-free leaps from one scandal to the next. In a real free market where salesmen sell something real, and buyers buy something they want, people can’t get...
View ArticleThe fickle nature of a fake free market
Carbon prices have plummeted in the US. (So they are that much closer to their true value…) The Regional Greenhouse Gas Initiative sold 40.7 million permits for $1.88 each, 19 cents lower than the...
View ArticleKyoto II is dead. EU bails out (as Australia tries to “save Earth”)
The End Game of the Great Global Warming Myth draws closer With impeccable timing the Australian Government is snatching defeat from the jaws of what could have been a glorious victory. Just as Gore,...
View ArticleCarbon Price just jumped 30% — It’s not a free market, it’s a fixed charade
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...
View ArticleSkeptics are winning: “the carbon market is dead”
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. People who we never would have imagined speaking...
View ArticleEU Carbon trading crashes: German bourse closes and Irish end carbon rort
More signs Australia is leaping onto a burning ship as it starts carbon taxing, just as the largest carbon markets are winding up: (Reuters) – Bavaria’s stock exchange will abandon its carbon emissions...
View ArticleGlobal Carbon Market Hits $176 Billion in 2011
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. That makes it about the...
View ArticleKyoto: Australia “IN” New Zealand “Out”
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,...
View ArticleBanks and trading houses bought two-thirds of carbon permits
During the northern winter, there were more speculators in the carbon market than genuine players. Those bankers must be very concerned about the environment. Speculators main buyers in EU carbon...
View ArticleGermany’s Greens help the coal industry, while the US cut emissions by...
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”. But woe…. energy has to come...
View ArticleZombie carbon market falls 60%, revived by EU decree – media spins “soaring...
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...
View ArticleTurnbull is already saying climate policies are “not set in stone”. Beware...
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,...
View ArticleBonanza, not: With govt manipulation carbon credits rise back to 2008 levels
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...
View ArticleNet Zero produced the most dramatic fall in European energy since the late...
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...
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