13.01.2014 - Value of carbon markets forecast to rise in 2014
Analysts predict the value of trades in the carbon markets will rise for the first time since 2011. The value of the global carbon market is forecasted to rise to €46bn in 2014. While a rise of 15% from last year, this is well below €98bn high it hit in 2011. Bloomberg New Energy Finance analysts predict carbon prices will rise more than 50% to an average €7.5 per tonne from just shy of €5 now, all down to the EU’s delay of carbon allowances under the EU Emissions Trading System........................................Full Article: Source
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