Stampeding for the exits: "Carnage" in the European CO2 hoax market; "huge amount of liquidation from funds, banks and utilities"

‘Carnage’ in European carbon market as prices fall to 15-month low

EU carbon prices have slumped 15% in one week, as a slew of bearish news took its toll on the markets.
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“It’s just been carnage these last few days,” said a trader at an investment bank in London. “There has been a huge amount of liquidation from funds, banks and utilities.”