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Oh Noes! EU carbon price is too low!

I’M not sure what hope there is for the human race when even the FT gets things like this wrong. Everyone and their mother is complaining that the carbon credits price under the EU scheme to deal with climate change is too low. We’ve even had our won government insisting that there must be a carbon floor price.

The EU carbon market has been miserable for most of the past few years, with prices staggering downwards from their c.€30 levels on the scheme’s launch in 2005. But it’s become very gloomy in the past couple of weeks, with mid single digits prices falling as much as 40 per cent to a record low of €2.81 last Thursday.

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Posted: 31st, January 2013 | In: Money | Comment


Climate Kinder Love Jet-Set Gillard’s Carbon Tax

IN Australia, Prime Minister Julia Gillard has introduced a carbon tax. In Western Australia, the move has gone down well with the Klimate Kops:

Prime Minister Julia Gillard has been showered with praise by Fremantle residents for her government’s proposed carbon tax during a community cabinet meeting in the West Australian port city.

But that was to be expected at Australia’s only carbon neutral high school in a state electorate held by a green independent MP.

On Wednesday night Ms Gillard chatted with people wearing T-shirts calling for action on climate change and posed for photos in front of a banner which read: “Thank you for the carbon tax”.

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Posted: 31st, March 2011 | In: Reviews | Comment