The closure of the European carbon market is now extended indefinitely. The reason for the closure is fraud. I know you are thinking 'global warming fraud' and that is understandable. The 'fraud' the EU carbon market is being closed for is the old-fashioned kind. Hackers are stealing their carbon credits.
The European commission’s emergency suspension last week of trading in carbon allowances to put a halt to rampant theft of credits by hackers has been extended indefinitely until countries can prove their systems are protected from further fraud.