Tuesday, 16 November 2010

EU carbon market faces a 190million tonne shortage

Bloomberg said  that the EU carbon market will have a shortage of 190million tonnes of allowances in 2011 after the regulator said it probably will not auction permits for phase three next year. He said markets will be 80million tonne short in 2012, even after the sale of 300million tonnes from a reserve to spur clean- energy projects.
Bloomberg

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