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Browsing the "carbon price collapse" Tag

EU Will Tighten Cap to Fix Carbon Price Collapse

December 22nd, 2011 | by Susan Kraemer

The EU now has ten times the solar power of the US, twice the wind, and it dominates the global offshore wind industry. As a result, and as a mark of the ease in meeting its Kyoto goal and already lowering its carbon emissions 8% below 1990 levels for its first deadline, the price on carbon has plummeted


Copenhagen Actions and Pledges Are Not Final Till January 31st

December 30th, 2009 | by Susan Kraemer

Europe's pledge was for 30% below 1990 by 2020, with international agreement. Two events since the close of the talks make this still a possibility, even without that. 1. The collapse of carbon prices on the EU market after the uncertain result of Copenhagen. 2. The unlikely passage of the US health care bill out of the Senate, against all odds, suggests a limit to the effectiveness of the Republican filibustered gridlock paralyzing US legislation



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