Tag Archives: price signals

In defence of the EU ETS (but not of the European Commission)

Today Reuters talks of the “battered carbon market”.  All this year folk have been swiping and sniping at the EU ETS, starting with the CEO of E.On back in January this year.  They don’t like the low carbon price and … Continue reading

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An unlikely encounter – Günther and Gross

Some people don’t like it when the dimension of time is distorted.  Yet, it happened at least once in Telford.  A most unlikely encounter occurred when Günther, an EU bureaucrat in 2012, bumped into Derek Gross, travel porn mogul in … Continue reading

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Nature: love it or price it?

Yesterday my sister sent me a sermon she had given last week at Trinity College, Cambridge.  The subject of the sermon was Gerald Manley Hopkins, a poet who wrote about the beauty of the natural world.  Here is the 19th … Continue reading

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Signal confusion

Does the EUA price constitute a signal or not?  Should it? Trevor Sikorsky of Barclays Capital argues in Barclays’ Quarterly Carbon Standard (26th March 2012) that: “It is expectations that drive such investment [in clean technology] … not current prices.” … Continue reading

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Mad Men: hope for the planet

Of the two American TV shows we are currently watching at home, Mad Men and The Big Bang Theory, Mad Men is the more instructive in the matter of climate change policy. It portrays the life of high-octane advertising executives … Continue reading

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