Wednesday, March 18, 2009

The carbon market is shrinking — The Climate Scam
The value of the European Carbon Market is going to drop for the first time this year, said Point Carbon at their emissions trading conference this week.The value of emission permits is sagging. And judging by conference attendance, the number of people interested in trading is shrinking, too. Attendance this year was down about a fifth from recent boom years.
Are we going to keep subsidizing ethanol?: Big Oil Buys Struggling Ethanol Maker - Green Inc. Blog - NYTimes.com
Valero Energy, the country’s biggest independent refiner, is going to buy seven ethanol plants from bankrupt VeraSun Energy for $477 million.

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