Sunday, July 18, 2010

Chicago Climate Exchange flatlining - even at only 10 cents a ton, nobody is buying

Kids can now buy Carbon Credits at the museum from the flatlining Chicago Climate Exchange, which Gore and Pachauri are advisers for.

They may as well just throw their money down the toilet as CCX is now in EPIC FAIL mode. Sure, take money from the kids, why not?

The months of flatlining at the Chicago Climate Exchange (CCX) should be a hint to the rest of the world that carbon trading is dead. Time to take it off life support. Even at 10 cents a ton, nobody wants it. At it’s peak in July 2008, it traded for $7.50 per ton of CO2.

Chicago Climate Exchange close on June 30th, 2010 – click for source
See who is on the CCX advisory board here

Watts Up With That?

Posted via email from Garth's posterous

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