Central planning fails again
This is priceless:
A collapsing carbon market makes mega-pollution cheap
Europe's system to edge up the cost of emissions and boost green energy has backfired. There isn't much time to rescue it
'Roll up for the great pollution fire sale, the ultimate chance to wreck the climate on the cheap. You sir, over there, from the power company - look at this lovely tonne of freshly made, sulphur-rich carbon dioxide. Last summer it cost an eyewatering €31 to throw up your smokestack, but in our give-away global recession sale, that's been slashed to a crazy €8.20. Dump plans for the wind turbine! Compare our offer with costly solar energy! At this low, low price you can't afford not to burn coal!"
The poor are grateful to not be forced to live without electricity or heat for the benefit of the religion of others.