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CDM according to Matthew
The Financial Times reminded us this week that China’s foreign reserves stood at USD 1,000,000,000,000 and are growing by USD 20,000,000,000 or so a month. Point Carbon also announced this week that the Asian Development Bank had made a grant … Continue reading
What makes people cheat on their children?
Even in liberal times there is still something wrong with cheating on people. There are not too many wives who are happy about a wandering husband, or the other way round for that matter. And when you catch an employee … Continue reading
Old King Coal (the Pole)
In their determination not to participate actively in the EU emission trading scheme, Polish power plants are aiming further to boost their output. At a conference in Warsaw yesterday on the EU scheme, the head of electrical utility mammoth Electroplod … Continue reading
Posted in Humour
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Watching the EUA price
Last week European competition authorities raided the offices of energy companies in several countries including Hungary. A balaclava-clad commando was searching the briefcase of one of the power company executives and he found this letter. It was written by the … Continue reading
Posted in Climate change policy
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Saving the Scheme (giving EU ETS a bit more institutional clout)
The swings in the EUA price have been recently so large that they have provoked panic headlines in the financial press. The very advocates of market mechanisms are now washing their hands of it. A touch of reasonableness. The scheme … Continue reading
Posted in Climate change policy
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