Saturday, 6 July 2013

Will EU Carbon Market Be Fixed?

This week the European Parliament voted to freeze the upcoming auction of up to 900 million carbon allowances, which, if it is endorsed by European governments, will finally push up the price of carbon emissions across the continent. Which should start forcing big emitters into finding ways of cutting their CO2 output the way the carbon market was intended to work,

Unfortunately there's a group of EU countries who may vote against the freeze. The main one being Poland, who are majorly commited to coal, and vote against anything that even smells of carbon cutting.

So, looks like that fix is out the window.

More here.

Friday, 5 July 2013

Update: Our Solar Panel System

I've just updated our stats for the system (See above tab entitled "Our Solar Panel System"). They now include a graph for the first 18th months.

The system is still on course to pay for itself in less than 5 months, has generated 4500 kWh, and has already saved 2.5 tonnes of carbon.