Green living today
Thursday, July 19, 2012
Carbon prices plunge yet again amid backloading delay rumours
BusinessGreen: Analysts have warned carbon prices in the EU emissions trading scheme (EU ETS) could plunge to new depths of below EUR6 (£4.70) a tonne if uncertainty around the commission's plans to solve a glut of permits in the market continues. Reports earlier in the week suggested details on how to fix the market's current oversupply problem would not come until after the commission's August recess, prompting prices to fall by more than seven per cent in an already heavily depressed market. Permits traded...
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