“There’s no doubt that the investment case for carbon capture and storage is worse if the carbon price is lower, and we may see fewer projects go forward in the future because of it,”

The linchpin of Europe’s effort to curb global warming is at risk of collapse

By Steve Milloy —— Bio and Archives--February 14, 2012

Global Warming-Energy-Environment | Comments | Back To Full Article

Johannes Teyssen, chief executive of Eon, the German energy group that is one of Europe’s largest, stunned an audience in Brussels last week when he pronounced the market broken. “Let’s talk real,” he said. “The ETS is bust, it’s dead.”

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