Thursday, January 24, 2013

EU's carbon market suffers after parliamentary vote

Reuters: EU carbon prices briefly slid 40 percent to a record low after politicians opposed plans to support the market, raising concerns prices could hit zero and sending a warning to European governments to pull together in lowering carbon emissions. Prices in the EU's Emissions Trading Scheme (ETS) on Thursday dropped to 2.81 euros a metric ton (1.1023 ton) after a vote in the European Parliament's energy and industry committee opposing a scheme known as "backloading" to support prices by extracting...

URL: http://www.reuters.com/article/2013/01/24/us-eu-ets-idUSBRE90N0EG20130124?feedType=RSS&feedName=environmentNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2Fenvironment+%28News+%2F+US+%2F+Environment%29

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