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The Forum > Article Comments > The CPRS - a failure of the left not just the right > Comments

The CPRS - a failure of the left not just the right : Comments

By Carol Johnson, published 16/3/2010

It is all too easy to blame climate change sceptics in the Liberal party for the demise of an Emissions Trading Scheme.

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I am surprised that none of the later posts have not picked up that
the European ETS scheme has collapsed.

It fell from E12 a tonne to E1 a tonne overnight.
It appears that they have discovered that the system has been
systemically rorted and they have no idea what credits are real and
which are counterfeit.
I would think they might cancel the whole scheme
Posted by Bazz, Tuesday, 23 March 2010 10:00:42 AM
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Update
I have been trying to new prices for the Eu ETS scheme.
The latest I could find is the 6th February.
http://www.guardian.co.uk/environment/2009/feb/06/carbon-price-record-low
The Guardian article reports that the price has fallen from E30 to E10.
The report I saw, which I cannot remember where I saw it was a fall
from E13 to E1.

There will be a dealer that quotes the price but the ones I have found
you need to be a customer to gain access to prices.
Posted by Bazz, Tuesday, 23 March 2010 10:20:18 AM
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Interesting Bazz

I'm sure that won't stop Labor pushing for it anyway.
Posted by King Hazza, Tuesday, 23 March 2010 10:21:01 AM
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I have come accross further information on the ETS scandal.

http://www.businessgreen.com/business-green/news/2259761/recycled-carbon-credit-scandal

http://www.businessgreen.com/business-green/news/2243535/record-lows-carbon-prices

If you read some of the links the European ETS scheme seems to be
totally manipulated by the EU government and its organs.
Posted by Bazz, Wednesday, 24 March 2010 1:27:33 PM
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