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Carbon Credit Values In Europe Finding New Lows

Posted by BLOGASSAULT on Saturday, December 13, 2008 11:35:06 AM
   As oil tracks downwards, so has the value of carbon credits on the EU carbon market.
Carbon trading only works when the credits are worth something. Just another reason why cap and trade is a dumb idea.
 
If you are a big fan of cap and trade, or wish to understand it better then this site is for you! It's a crazy-carbon-credit-cornucopia!
Actually, I don't think there is anything else in the world that could drive someone to complete madness as fast as trying to understand the cap and trade market. The simply definition is this: It is a way to make people feel better about polluting, while those that design the programs make money off of your feelings.
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