Sorry, your delusions just cost too much.EU carbon prices have slumped 15% in one week, as a slew of bearish news took its toll on the markets. “It’s just been carnage these last few days,” said a trader at an investment bank in London. “There has been a huge amount of liquidation from funds, banks and utilities.”
[said] Mark Lewis, a Paris-based analyst at Deutsche BankFurther to that new found wisdom:Britain will have to abandon its carbon emission reduction targets if the public continues to resist higher bills, according to the chief executive of the British Gas owner, Centrica.
Behind the Façades in France: What expats and the mainstream media (French and American alike) fail to notice (or fail to tell you) about French attitudes, principles, values, and official positions…
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