| From Globalpensions.com: The global economic slowdown will increase available carbon trading licenses in the European emissions trading scheme (ETS) by almost half, lowering the price of carbon-based exchange traded funds (ETFs) and commodities (ETCs), analyst IDEAcarbon has said.
With European industrial output predicted to fall to 1% over 2008 and decline by 0.7% in 2009, total carbon emissions are also expected to decrease, lowering the shortfall of trading licences by 44% from 206 million tonnes to 115 million tonnes between 2008 and 2012..... Full Article: Source
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