Thursday, January 24, 2013

"European carbon prices went into freefall on Thursday, dropping 40 percent at one point to a record low 2.81 euros"

EU ETS fix hangs in balance as MEPs urge rejection - News - Point Carbon
BRUSSELS, Jan 24 (Reuters Point Carbon) - A proposal to rescue the ailing EU carbon market hung in the balance on Thursday as a committee of lawmakers urged the bloc’s parliament to reject the so-called backloading plan in a vote that sent carbon prices crashing to record lows.
EU carbon price drop to resonate in Australia: analysts - News - Point Carbon
BEIJING, Jan 24 (Reuters Point Carbon) - Record low carbon prices in Europe could make it cheaper for Australian emitters to meet their targets under the country's emissions trading scheme, but they would also hurt the nation’s overall ability to cut greenhouse gases, analysts said.
UPDATE 1: CO2 prices in freefall as traders despair over EU vote - Reuters News - Point Carbon
LONDON, Jan 24 (Reuters Point Carbon) – European carbon prices went into freefall on Thursday, dropping 40 percent at one point to a record low 2.81 euros, after members of the EU Parliament’s industry committee voted against a plan to rescue the ailing market.
Connie Hedegaard on recent developments in the EU carbon market - News - Connie Hedegaard - Climate Action
this should be the final wake-up call both to governments and to the European Parliament

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