European Carbon Dioxide December 2012 Futures Contract at Record Low

It is less than 3 months until Gillard’s Carbon Tax of $23.00 ($17.91 euros) per ton hammers the bejesus out of all of us.

Yet the ECX EUA December 2012 Carbon futures contract yesterday hit an intra-day low of $6.05 euros or AUD$7.66 per ton. The contract closed at $6.34 euros or AUD$8.13 per ton.

Thanks Labor.

And now the CSIRO is the latest to call for a New World Order to “Save the Planet”. WTF?

 

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Comments

[dah]

1.

Remember the days when the people at the CSIRO did things that were actually useful like invent, wool without creases, solar hot water, Aeroguard & wireless technology?

[barry]

2.

That'sd the CSIRO I remember.

Now they seem to be just another paid up bunch of liars crawling up the government's ass to keep themselves in a job.

Is there nothing Gillard and her mob haven't corrupted?

Well the wealthy said this is what they wanted, a one world government.

Just keep in mind , they also said the peasants may fight back somewhat , and there most likely will be some casualties.

Just in case anyone gets a bit fed up . They don't value the lives of the peasants very highly.

This is what Gillard and co are working for .

Oh , and don't forget their most ardent "supporter" Bobby of the little isle to the south.
Our fellow Earthian.

[Mr T]

3.

I am beginning to wonder whether we will actually get a chance to vote the communist Gillard-Brown bastards out.

[SignedIn]

4.

".. low permit prices are a good thing because they show us that reducing emissions is cheaper than we had thought it would be. The limitation on how many permits are available is what limits emissions, not the price of those permits."
http://www.forbes.com/sites/timworstall/2012/02/18/low-carbon-credit-prices-are-a-sign-of-success-not-failure/

It would behove all the read this.

[Anton]

5.

The emissions scheme has been a huge success -

Almost the whole of Europe is in recession, unemployment at record highs, sovereign debt that will take generations to repay (assuming growth is ever restored) and entire industries moving to Asia.

An absolute leftard winner!

BTW, what does your version of failure look like?

[bluebell]

6.

11 year old Dutch boy solves Europe's woes with a pizza chart - whaddya reckon??? At this stage the Euroweenies couldn't possibly do any worse than rely on an 11 year old to solve their problems!

http://www.news.com.au/business/markets/dutch-boy-11-given-special-merit-for-eurozone-debt-crisis-solution/story-e6frfm30-1226318223922

[Anton]

7.

It is difficult for leftards to communicate with people that have passed puberty. They just don't understand, everything is different now, we are trying to ruin their lives etc

[Grumpyoldman2]

8.

I'm just a poor simple retired engineer, not well versed in international economics. What does this mean?

If Julia has priced Australian ficticious tonnes of Carbon at AUD26/T, and the same ficticious stuff is already only AUD7.66/T in Euro, who is the winner? Won't people with Eurofiction C want to flog it off over here at the Juliaprice and make a killing? How can Ozzies hope to sell their Ctonnes anywhere else but to other Ozzies?

Time someone was gaoled for dreaming this scam up.

Who will help me plant my corn said the little red hen?

[SignedIn]

9.

And you think the cheap emissions certificates are to blame for Europe's woes?

It says a lot you would rather label me a leftard rather than examine facts.

Your opinion is devoid of fact. The cheap permits are a sign of success. This is an economic fact.

Grumpyoldman2 the higher cost in Australia may represent an examination that the cost will be higher here - given that Europe had a more established green energy sector to begin with.

[John Mc]

10.

Your opinion is devoid of fact. The cheap permits are a sign of success. This is an economic fact.

Is artificially propping up the exchange each time it collapses also a sign of success?

[ThePhilosopher]

11.

Dante dont forget signed in is a member of the sex party so is continualy Fu..ed up and cant keep his hand off it.

Its hard to make sense when your left hand is so continualy busy within your underwear.

Nothing said wanker has to say supports the whole fallacy of the Global warming boondoggle.

whoooooooooo run little sex party perve the sky is turning black and falling.....quick time for one last wank ! Hang on you will breath heavier...betta get a Carbon Permit for that tooooo

[ThePhilosopher]

12.

Should be Anton

[SignedIn]

13.

Oh welcome back Philospher. I look forward to the ad hominem attacks and delusions of McCarthyism :P

[ThePhilosopher]

14.

WANK WANK Signedin. I still see that you are a deluded clown who thinks he is of the Centre right and libertarian persuasion for whom this site is intended.

Back to red square wanker and take your sexual fantasies with you.

" Delusions of McCarthyism, that is not even coherent...even for a bent bastard like you.

Your Ad hominem attacks are somewhat legendary but I know better than to attempt to discuss anything with a leftist fool like you who insists on posting on a site where he knows he does not belong and furthermore is not welcome.