Friday, February 15, 2013

N. American Carbon Markets to ‘More Than Double’ This Year

Environmental Leader: This year, North American carbon markets will more than double in value to $2.5 billion, according to market intelligence firm Thomson Reuters Point Carbon. The growth will be driven by activity in California, whose market will increase over four-fold year-on-year to 186 Mt. Strong demand for California carbon allowances (CCAs), driven by hedging by power suppliers, should push the Californian market as a whole to $2.3bn this year. At state auctions Thomson Reuters Point Carbon predicts CCA prices...

URL: http://www.environmentalleader.com/2013/02/12/n-american-carbon-markets-to-more-than-double-this-year/?goback=%2Egde_141485_member_213827367

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