Since November 2007 we've been pointing out one of the odd features of carbon markets:
May 19, 2008
German coal consumption jumped 3.5 percent in January as colder weather increased demand, boosting emissions of greenhouse gases in Europe's biggest economy, government statistics show.
Electricity generated by burning hard coal and lignite climbed to 24.35 terawatt-hours from 23.52 terawatt-hours in the same month a year earlier, according to the state statistics office, whose January data is the latest available.Coal burning expanded to meet higher demand for heating as temperatures in Berlin fell an average 2.3 degrees Celsius below those a year earlier....MORE
Nov. 9, 2007:
India's carbon credit market set to take-off:
A severe winter in Europe this year will mean business worth millions of dollars for Indian companies. Surprised? Welcome to the global trade in carbon credits.
Why do I point this out? Stay tuned for some serious money making off this feature of the carbon markets.