Carbon Credit Market Imploding: CCX now 10 cents a tonne
We knew this was coming. Carbon Financial Instruments are now trading for 10 cents per metric tonne on the Chicago Climate Exchange.
I wonder if the investors are reacting to the Hockey Stick Implosion news?
As reported on WUWT, less than one month ago it was 25 cents a tonne, and a year ago it was over 1 dollar. The all time high was May 2008 at over 7 dollars a tonne.
THIS IS PARTLY WHY OBAMA IS RUSHING TO GET THE EPA INTO REGULATING CO2: TO PROP UP THIS MARKET SO HIS CORRUPT FRIENDS CAN MAKE MONEY!
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