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Last updated on August 6th, 2017 at 02:19 pm
Lubos Motl charts carbon values:
In April 2006, the price of carbon indulgences in the European Union Emission Trading Scheme, the largest emission market in the world, was 30 euro per ton of CO2 emissions … However, in May 2006, the price decreased a little bit, more precisely by a factor of pi – below 10 euro per ton of CO2.
In November 2006, when the price was still around 9 euro per ton, we predicted its fall to 2 euro per ton. This seemingly bold prediction was realized at the beginning of February 2007. However, the price continued to approach the actual market value, namely zero.
It’s getting closer to zero by the day. Hit the link for more.