Friday, November 25, 2011

Hmm: Carbon dioxide hoax market has dived more than 20% since Tuesday

Carbon trading in crash mode

I've been monitoring this for weeks, and today it has set it's minimum value for at least the last five years, which was for € 7.96, on the close of Feb 12, 2009, as can be seen in the graph below (from Bloomberg). The dive seems clearly related to the Climategate 2.0 revelations, since it closed at € 9.04 on Tuesday, diving more than 20% since then. These are definitely good news for Durban...

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