Tue, Sep 2, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Environmental Trading more

N. American carbon markets to ‘more than double’ this year

Posted on 13 February 2013

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 will increase to around $11 per ton, only slightly above the minimum price of $10.71 per ton, due to a likely over-supply of allowances this year………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36729 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

September 2014
S M T W T F S
« Aug    
 123456
78910111213
14151617181920
21222324252627
282930