EU Carbon Trading ‘death spiral’ continues

Dumb ideas goes flop, flounce, flop … When you have handouts, there is always government fraud in the mix. Just like with Obama’s green agenda baloney.

Carbon has closed below $4 a ton in a new record low while Deutsche Bank bails

From Reuters:

Deutsche Bank quits carbon market: board member

31 Jan 2013 12:42 Last updated: 31 Jan 2013 15:04

LONDON, Jan 31 (Reuters Point Carbon) – Deutsche Bank has shut its global carbon trading operations, a member of the investment bank’s board of directors said on Thursday.

In addition to the price dropping to below the price of a bag of charcoal briquettes, it may have something to do with this investigation:

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