New Zealand spot carbon price falls on weak demand | Energy & Oil | Reuters

Many market watchers had expected a flurry of activity ahead of the May 31 deadline to surrender permits for 2010 emissions liable under the scheme. However buying interest was tepid.

"Whilst there has been some interest from entities looking to square away their 2010 liabilities, on the whole there has been more volume available for sale with many of the larger buyers staying away from the market," analysts at Westpac Bank said in a note to clients.

Reflection in Skeptic Stew « the Air Vent

Too much energy in the oceans, too much potential for hidden Co2 sinks, too low of a CO2 level, biased and incomplete measurements trusted implicitly, controversial data eliminated, bad and even stupid solutions proposed. The result—- Skeptic Stew

Coal industry talks on carbon tax end in "deadlock" | Australian Climate Madness

Should we have expected anything else? The carbon tax is a direct attack on the coal industry, and no amount of "compensation" will change that. The government is sinking yet further into the mire.