We owe the Euros and Aussies a debt of gratitude for proving that carbon trading and taxing is lunacy. Continue reading
Category Archives: Carbon trading
International Carbon Lunacy in Dire Straits: Australian carbon tax cut scrapped as carbon tax fails; European carbon trading ‘chaos’ blamed
Posted in Carbon Tax, Carbon trading
WaPo: Europe ‘a green-energy basket case’, ‘dysfunctional’, Kyoto ‘not designed properly’ — Flashback to Dec. 1997: WaPo disses Kyoto
Hits Germany for shutting its nukes, Spain for over-investing in renewables, and France for not fracking — but still urges a carbon tax for the U.S. Continue reading
Posted in Carbon trading
Navigating the American Carbon World (with the UN)
There is much activity in the UN climate arena at the moment, as they push for yet another “Global Agreement on Climate Change”
At the moment, UNFCC executive secretary, Christina Figueres is boasting that they have an agreement to come to an agreement by 2015. Whilst it is to be hoped that this agreement to agree goes the way of previous ones, it highlights that they haven’t gone away and are determined to keep pressing on, no matter that the AGW paradigm is collapsing.
She gave a speech this week in San Francisco, entitled Navigating the American Carbon World
Continue reading
Posted in Cap & Tax, Carbon capture, Carbon offsets, Carbon Tax, Carbon trading, Clean energy, Climate Change, Env. Justice, Environmentalism, IPCC, UN
Tagged carbon fund, carbon price, carbon scam, climate fraud, climate hysteria, energy subsidies, global governance, greenhouse gas emissions, UNFCCC
Terence Corcoran: The missing costs of carbon policies
“Carbon trading and clean energy policies fail because costs exceed benefits.” Continue reading
Posted in Carbon trading
EU carbon vote hurts UK companies: UK carbon tax to hit £30 by 2020 as competitors pay only £3
“Tuesday’s vote means prices in the EU emissions trading system, the world’s largest carbon market, are likely to stay at about €3 a tonne for at least the next seven years, analysts say.” Continue reading
Posted in Carbon trading
Irish PM says EU Parliament vote against carbon market manipulation not ‘democratic’
“We are not prepared to allow this issue to die. We have a working party, and we will see what we have to do to put [this issue] up to people in a democratic process.” Continue reading
Posted in Carbon trading
EU rejects effort to prop up carbon credits
The EU will flood the carbon market with another 900 million tons of credits, sure to force already low carbon prices even lower. Continue reading
Posted in Carbon trading
EU to vote tomorrow on propping up carbon market; Delay sought in issuance of 900 million tons of permits
“With prices languishing at less than €5 per tonne – because of a glut of the carbon allowances that allow companies to pollute without penalty – it risks instead becoming an embarrassing EU policy failure.” Continue reading
Posted in Carbon trading
Carbon Prices Drop — Despite EU Vote to Prop Up Prices
The EU would argue that the manipulation worked since the price didn’t drop to zero. Continue reading
Posted in Carbon trading
European carbon price ‘inching ever closer to zero’
“”Dramatic”, “enduring”, “meltdown” – the words used by leading analyst firm Thomson Reuters Point Carbon to describe the continued slump in global carbon prices could not be starker.” Continue reading
Posted in Carbon trading
Falling EU carbon price should inspire greater mitigation efforts
Except that emissions are increasing and EU carbon prices are low because the market is failing, not because it’s inexpensive to reduce emissions. Continue reading
Posted in Carbon trading
EU Carbon Permits ‘Worthless’ Without Change of Rules, UBS Says
“With current rules ETS won’t work until 2045, thus carbon is worthless.” Continue reading
Posted in Carbon trading
California Cap-and-Trade auctions start tomorrow
California launches the second largest carbon market in the world when it will hold the first-ever cap and trade auction for climate change tomorrow at 10 am PST. Continue reading
Posted in Carbon trading
International airline carbon emissions tax delayed
Today, the European Union institutes a one-year delay in its cap-and-trade rule that would have required all airlines traveling to and from Europe to buy permits for the amount of greenhouse gases emitted during the flight. Airlines would be forced to pay a fine of about $125 for every excess ton of carbon emissions they failed to offset by purchasing permits. This EU rule was part of its broader Emissions Trading System that took effect at this beginning of this year. The payment deadline, now postponed, was scheduled to begin April 30, 2013. Continue reading
Posted in Carbon offsets, Carbon trading
Andrew Bolt: Waking too slowly from our green daze
How is business meant to plan investments, when the Gillard Government changes its mind so abruptly on taxes and mad multi-billion schemes? Dennis Shanahan:
The decision to end the negotiations to buy and close down Australia’s “dirtiest” brown-coal power plants is not just a shift in policy that might ultimately save the budget billions; it is another shift in the goalposts that sends the wrong signals to industry and investors. Continue reading
Again with the carbon dioxide “pollution” meme
Australian polluters to save A$2.5 billion in CO2 costs: analyst Continue reading
Posted in Cap & Tax, Carbon trading
Tagged carbon price, carbon scam, carbon tax, government cash grab, really stupid idea
No early Australian link to Californian carbon market
No late one either. Continue reading
Posted in Cap & Tax, Carbon offsets, Carbon trading
Tagged carbon price, carbon scam, carbon tax, government cash grab, hot air scam, really stupid idea
Carbon trading market research boosted
China is researching the foundation of a national carbon-trading market before linking with other countries’ carbon trading schemes, said a top climate change official. Continue reading
Posted in Cap & Tax, Carbon trading, China
Tagged carbon price, carbon scam, carbon tax, government cash grab, hot air scam, really stupid idea
Aus: Govt breached faith on power stations: Greens
The tinkerbells are always upset when reality intrudes. Continue reading
Aus: Carbon compo for brown coal a bigger waste than BER and pink batts
On Australia’s Green/Left policy train wreck:
“WHILE last week’s backflip by the government on the removal of the carbon pricing floor was broadly welcomed by those facing the prospect of paying the world’s highest carbon price, this most recent change in policy direction lays the foundations for more problems down the line.” Continue reading
