"Carbon (Dioxide) trading is now the fastest growing commodities market on earth.....And here’s the great thing about it. Unlike traditional commodities markets, which will eventually involve delivery to someone in physical form, the carbon (dioxide) market is based on lack of delivery of an invisible substance to no-one. Since the market revolves around creating carbon (dioxide) credits, or finding carbon (dioxide) reduction projects whose benefits can then be sold to those with a surplus of emissions, it is entirely intangible." (Telegraph)
Friday, 18 May 2012
Germany’s Green Revolution Turns Into A Bloodbath – “Solar Valley” Literally Gets Obliterated
"German daily Süddeutsche Zeitung here reports on another major German solar manfuacturer that has gone insolvent. A week ago solar cell and module manufacturer Sovello declared insolvency."