Sucks to be in the carbon scam business, the prices for buying and selling the air we breath has lost its profit line.
[quote]
Carbon prices plunged yesterday in the aftermath of the Copenhagen conference on climate change, dealing a blow to the credibility of the European Union's carbon-trading scheme.
Prices for carbon permits for December 2010 delivery, the benchmark contract for pricing European permits, dropped nearly 10 per cent in early trading, before recovering to end the day 8.3 per cent lower at €12.41.
http://www.ft.com/cms/s/0/c1a7aade-ee98-11de-944c-00144feab49a.html?nclick_check=1 /quote]