From Bloomberg: The European Union could use a “floating cap” to adjust supply in its carbon market and keep prices from falling, according to an analyst at Accenture Plc.
Distribution of EU carbon permits “could be handled in a manner not dissimilar to how central banks handle money supply and interest rates,” said Mauricio Bermudez Neubauer, a London- based lead consultant on carbon markets at Accenture……………………………………….Full Article: Source