Carbon Market News August 5

Posted in Carbon Market News on August 5, 2008

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Decrease in Oil Price Pulls down Carbon Prices in Europe to 5-Month Low

Australian Securities Exchange to Bring in Various Alternate Energy Futures Contracts before Launching Carbon Futures in 2009

UK: Coal-Fired Power Operator Drax Experiences Nearly 50% Cut in Profits Due to Purchase of Carbon Credits

Chinese Government Will Have to Spend US$3.25 Billion Next Year to Execute Emissions-Reduction Plan

Australia: Leading Economist Says Government’s Carbon Trading Scheme Will Fail

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