26.03.2013 - EU ETS increasingly irrelevant: investors exit CDM market
The EU Emissions Trading Scheme “no longer has a significant impact on emission reductions”, according to one in five respondents to Thomson Reuters Point Carbon’s annual carbon market survey. The results of the survey – Carbon 2013 – reveal that 20% of respondents said the EU ETS caused emission reductions in the past but has little impact on emissions today. “We attribute this to the weak price signal currently generated by the EU ETS, which saw prices fall to historic lows in 2012” said Emil Dimantchev, Thomson Reuters Point Carbon analyst and author of the report...............................................Full Article: Source
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