The price of carbon closed today at an incredible, and all time, low of just €4.93.
The price has been on a downward trend since late September, and this first trading day of the new year is not encouraging.
Technorati Tags: carbon, carbon dioxide, co2, emissions, emissions trading
UPDATE: Well the price has fallen [...]

The folks at Celcias have posted some thoughts about the global weather during 2007.   Prominent among the predictions is a return of the El Nino weather phenomenon, in which variations in surface sea-water temperatures in the Pacific Ocean cause turbulent weather patterns further afield.   Turbulent weather patterns translate into unpredictable demand levels for energy and, and hence volatility [...]