Still more stunningly bad reporting from Thomson Reuters, owners of Reuters climate hoax company Point Carbon

As EU climate hoax allowances plummet in value, this article fails to even mention the fact that worldwide, belief in the global warming hoax has also plummeted.

EU green plan backfires, carbon price slumps - Stabroek News - Guyana

LONDON, (Reuters) – A European plan to raise funds for clean energy has backfired spectacularly, helping trigger a rout on its carbon trading scheme and so cutting available green funds and benefiting polluting coal plants.

Additional causes for the latest sell-off included eurozone woes over Greece, and an EU efficiency directive announced this week which could send carbon emissions lower.
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Other reasons for the sell-off included the macroeconomic outlook, specifically the prospect of a Greek default, and concern that a proposed EU efficiency directive may drive EUA demand lower.