Profit through regulation of markets
Which caring environmentalists are trying to save the world through carbon credits? That would be the Banksters. Watch how the banks are working to “fix” the free market, via intervention and regulation, and milk the system to maximize profit. The so called capitalist pigs are really working in the style of the Soviets.
How sick is the EU carbon market? “It’s a dead man walking” according to Johaness Teyssen, chairman of EON.
The price of carbon hit record lows recently:
Carbon permits plunged to a record after European Union data showed emissions from factories and power stations in the region fell more than expected last year amid milder-than-normal weather.
EU carbon for December dropped 11 percent to close at 6.34 euros ($8.45) a ton, the biggest loss since April 28, 2006 on the ICE Futures Europe exchange in London. The previous low was 6.38 euros on Jan. 4. Power-industry emissions dropped to 2009 levels, said Matteo Mazzoni, an analyst for NE Nomisma Energia Srl in Bologna, Italy.
“That is the elephant in the room,” he said today by e- mail. “And then, of course, you have stagnating industrial production.”
But wait. Isn’t “lower industrial [...]










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