{"id":92019,"date":"2009-12-21T06:41:40","date_gmt":"2009-12-21T11:41:40","guid":{"rendered":"http:\/\/www.businessinsider.com\/carbon-offset-futures-tank-after-copenhagen-fiasco-2009-12"},"modified":"2009-12-21T06:41:40","modified_gmt":"2009-12-21T11:41:40","slug":"carbon-offset-futures-tank-after-copenhagen-fiasco","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/92019","title":{"rendered":"Carbon Offset Futures Tank After Copenhagen Fiasco"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4a8ae87dc4b5a35c03c4b19f&amp;maxX=340&amp;maxY=255\" border=\"0\" alt=\"climate change carbon \" width=\"340\" height=\"255\" \/><\/p>\n<p>It&#8217;s a pretty tiny market still, but there is actually trading in carbon permits. In some countries, where they have emissions limits, they actually have value. And if there ever is a cap &amp; trade scheme put into place in more places, what&#8217;s worthless now may actulaly end up being valuable.<\/p>\n<p>Well, here&#8217;s how you know the Copenhagen summit was a total joke. The cost of emitting carbon just plunged 8.7%.<\/p>\n<p style=\"padding-left: 30px;\"><a href=\"http:\/\/www.bloomberg.com\/apps\/news?pid=20601087&amp;sid=aO1GZUJp1HRM&amp;pos=3\">Bloomberg<\/a>: European Union carbon permits fell the most since February on the European Climate Exchange. The U.S., China, India and other nations attending the two-week Copenhagen summit that ended at the weekend agreed to voluntary, rather than binding, targets to reduce emissions. The accord isn&rsquo;t enough to boost demand for permits, said <a href=\"http:\/\/search.bloomberg.com\/search?q=Trevor+Sikorski&amp;site=wnews&amp;client=wnews&amp;proxystylesheet=wnews&amp;output=xml_no_dtd&amp;ie=UTF-8&amp;oe=UTF-8&amp;filter=p&amp;getfields=wnnis&amp;sort=date:D:S:d1\">Trevor Sikorski<\/a>, an emissions analyst at Barclays Capital in London.<\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/carbon-offset-futures-tank-after-copenhagen-fiasco-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/climate-deal-reached-in-copenhagen-2009-12\">Copenhagen Ends With A Deal That Won&#8217;t Do Jack<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/leaked-un-copenhagen-doc-says-lots-of-heat-on-the-way-2009-12\">Lamest Leak Ever: Document From Copenhagen Says Climate Change Is A Really Big Deal<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/shocker-copenhagen-climate-negotiations-suspended-2009-12\">Shocker: Copenhagen Climate Negotiations &quot;Suspended&quot; <\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/aluptSYZhAo\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It&#8217;s a pretty tiny market still, but there is actually trading in carbon permits. In some countries, where they have emissions limits, they actually have value. And if there ever is a cap &amp; trade scheme put into place in more places, what&#8217;s worthless now may actulaly end up being valuable. Well, here&#8217;s how you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-92019","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/92019","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=92019"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/92019\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=92019"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=92019"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=92019"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}