EU Carbon Price

[marchesarosa]

Eu Carbon price loses 40% of its value in one day
Posted on January 24, 2013 by Anthony Watts

What today’s closing graph may look like: A Tiljander-Mann hockey stick

Hmmm, looks like they might read WUWT, that headline below looks familiar.

CO2 prices in freefall as traders despair over EU vote
24 Jan 2013 11:26 Last updated: 24 Jan 2013 13:44

LONDON, Jan 24 (Reuters Point Carbon) – European carbon prices went into freefall on Thursday, dropping 40 percent at one point to a record low 2.81 euros, after members of the EU Parliament’s industry committee voted against a plan to rescue the ailing market. www.pointcarbon.com/news/reutersnews/1.2151825

[rsmith7]

I think it's a product of natural selection...anyone dull and dreary enough to become a politician hasn't taken part in real life. You know - drinking and shagging and having a good time...
They arrive in a position of power totally unequipped to make a rational decision based on human experience. You only have to look at the utter wankers - grey faced, flaccid little nonentities - in power to see that this must be true.
No sentient, rational and balanced human being would devise such nonsense as a "carbon market".

[marchesarosa]

It's taxing the air we breath! What could go wrong?