Deutsche Bank said its previous carbon price forecasts the EU ETS's year-ends from 2011-14 are too optimistic. The bank now predicts the price of carbon will be:
- 2011 - €12/t rather than €17/t,
- 2012 - €15/t instead of €19/t
- 2014 - €22/t rather than €24/t.
Business Green
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