Barclays CLOSES Its Carbon Trading Desk In the US

Discussion in 'Environment' started by westwall, Jan 27, 2012.

  1. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Yeah, Barclays has figured out that carbon trading is pretty much dead here in the US so has pulled stakes and fled back to Europe.

    A major European bank closed its US carbon trading business this week in a sign that 2012 is a "make-or-break" year for cap-and-trade programs designed to fight climate change.

    London-based Barclays determined the US carbon market, currently comprised of a handful of states, is too small to justify the expense of a dedicated trading desk in New York, according to sources familiar with the decision. Barclays was a major player in US greenhouse-gas trading programs on the East and West coasts and remains active in Europe's carbon market, the largest in the world. Seth Martin, a Barclays spokesman, declined to comment.


    Barclays Closes US Carbon Desk In Latest Cap And Trade Setback
     
  2. Zander
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    Zander Platinum Member

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    [ame=http://www.youtube.com/watch?v=u2UhvN0k74w]REM Its the End of the World R.E.M. - YouTube[/ame]
     
  3. konradv
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    konradv Gold Member

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  4. bripat9643
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    bripat9643 Diamond Member

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    What do you imagine that would prove?
     
  5. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    L
    oser!
     
  6. konradv
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    konradv Gold Member

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    I don't know, that you're an idiot and just posted about the stupidest question ever on a science forum. :lol:
     
  7. konradv
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    konradv Gold Member

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    Seems all the high intellects are out today! :eek:
     
  8. bripat9643
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    bripat9643 Diamond Member

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    What is stupid is your belief that the theorem about conservation of energy proves anything about global warming. It would make just as much sense to claim Newton's theory gravity proved global warming was true.
     
  9. konradv
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    konradv Gold Member

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    I stand corrected, second stupidest! :eusa_eh:
     
  10. skookerasbil
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    skookerasbil Gold Member

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    Yup..........well...........Ive been saying for a long time on here now that the "consensus" assholes are losing...........and they're losing in epic fashion.

    Nobody but nobody gives a rats ass about global warming anymore. Its is firmly at the top of the American publics yawn list!!!

    The environmental nutters argument serves one purpose in 2012...........to try to keep alive a totally lost cause. Their efforts here have the relevance of a group exercise in navel contemplation.

    http://navelcontemplation.blogspot.com/2006/06/your-breath-stinks.html
     
    Last edited: Jan 29, 2012

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