Wednesday, December 05, 2012

Winter’s new cold record -31.3C | Finland
A new record-low temperature was set on Tuesday night in Vuotso, a village in Sodankyl√§ in Finland’s far north, where the mercury plunged to a blistering -31.3 degrees Celsius.
U.S. Brushes Off Push for Detail on $100 Billion Climate Aid - Bloomberg
The U.S. brushed aside demands from Brazil, China and United Nations Secretary General Ban Ki-moon for richer countries to detail how they’ll deliver $100 billion in climate aid by 2020.
Carbon Permits Fall to Record as EU Discusses Plan to Fix Glut - Bloomberg
European Union carbon permits for December fell to a record on speculation that a plan to remove supply may not win support.

The benchmark futures contract dropped 3.9 percent to close at 5.72 euros ($7.49) a metric ton, the lowest since it started trading in April 2005 on London’s ICE Futures Europe exchange. Certified Emission Reduction credits for December fell as much as 11 percent to a record 57 cents in intraday trade. Emission Reduction Units for December dropped as much as 17 percent to a record 34 cents.

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