The price of carbon has fallen to a mere €0.06, just under 7 months since it first slipped below the €1 mark.
Could it actually touch Zero? Will it break software if it does?!
Technorati Tags: price of carbon, CO2, Carbon, Carbon Dioxide, Carbon Credits, EU

The European Automobile Manufacturers’ Association, ACEA has created a front of opposition against the EU target of cutting all car CO2 emissions to 120 grams p/km by 2012, according to the Guardian. They claim that 60% of cars for 2012 are already in production and that “hasty legislation would damage the industry’s economic contribution and [...]

Carbon offsetting has become big business across the world. The Sydney Morning Herald has reported that the number of companies created to help businesses offset emissions has doubled in the past four months. The industry is worth half a billion dollars in the New South Wales state alone. This is partly due to consumers who [...]

Drax, which is both the largest coal-fired power plant in Europe and the UK’s biggest CO2 emitter, has unveiled plans to increase efficiency whilst cutting CO2 emissions, according to the BBC.
Their efforts are expected to save the planet from 1,000,000 tonnes of CO2 per year. As well as installing new turbines, they will be reducing [...]

The Vatican is announcing it will become the world’s first carbon neutral state. Could we expect any less?
The International Herald Tribune reports that the Vatican has tried to reduce it’s emissions, installing solar panels, but now wants to lead by example by offsetting all of the emissions it creates from lighting it’s St. Peter’s Basilica, [...]