| Thomson Reuters Point Carbon analysts have slashed their price forecasts for EU Allowances and U.N.-backed offsets for the second time in two months to reflect swelling supplies and the demand destruction caused by the euro zone debt crisis.
In a report published late Thursday, the Oslo-based analysts forecast EUAs will average 9 euros this year, 13 percent above current levels, and around 8 euros in 2013 as the market becomes even more oversupplied...............................................Full Article: Source
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