As policymakers here in America ponder adopting a disastrous so-called cap-and-trade system that will do little but fatten the wallets of Goldman Sachs, Hot Air reports that carbon trading markets in the European Union are in freefall.

There’s something sweetly surreal about it: an artificial market in a non-commodity is collapsing. It serves them right.

This entry was posted on Wednesday, February 25th, 2009 at 11:39 am and is filed under Environmentalism, GreenWatch, goldman sachs. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.