The EU has an emissions trading regime (must find out about this sometime), and apparently prices are up... EU CO2 Emission Prices Hit New Record High says Planetark. Higher gas/oil prices makes burning coal more economical, which is more CO2 intensive, so quota prices rise. And its been dry so hydropower is down. Time for the Severn barrage!
Still, I wonder what fraction of the price 30E/tonne is.
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...and the Mad Biologist told you so. A while back, I looked at median incomes and median housing prices and concluded that housing prices had to drop twenty to forty percent from their highs.
I love that there is somebody even researching this, but what I love more is that it is imminently more interesting than anything I do.
Back in the spring, when gas prices shot up to well over $4 a gallon in many markets, a level from which they've fallen back somewhat over the last month or so, there was a great wailing and gnashing of teeth. Never before in U.S.
I've already covered the War on Beer, but now, pizza is taking it the chops too. Have they no decency? From the Back Bay Sun:
Funny that, you just never hear about the Severn Barrage anymore even though it could produce about 7% of UK electricity, I thought.
Actually, it's been in the news just recently:
http://news.google.com/news?q=severn+barrage+proposal&num=20&hl=en&lr=&…