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Europe
Hot air sets record price in Europe
2005-05-25
Reg required In the carbon emissions futures market, 2005 allowances gained 70 cents to €19 a tonne, matching Monday's record peak, on the European Climate Exchange. No, I didn't make up that name. The rise in carbon prices has been pushed higher by rising gas and electricity prices and on fears industry may emit more carbon than the targets set by the European Union.

Posted by:phil_b

#4  Hot air sets record price in Europe

For a minute there I thought this was about Chiraq or DeVillepin...
Posted by: Raj   2005-05-25 13:21  

#3  One of the best arguments *against* Kyoto for me was the fact that Ken Lay and the Enron crew were pushing really hard for its passage.
Posted by: Seafarious   2005-05-25 10:18  

#2  European Climate Exchange: Hot air futures.

Bullshit artist George Galloway and and the Frog in Chief, Jacques Chirac, produce more hot air than any industrial source I know of.

Look for a collapse in the market if anything mysteriously happens ie. death by slip on banana peel or denture accident.

I gotta go the *Nurse* is comming.
Posted by: Belleview Hospital resident   2005-05-25 03:26  

#1  I guess I have "fears" that the sun may rise in the morning. Who knew?
Posted by: mojo   2005-05-25 02:10  

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