21.01.2014 - EU carbon surplus mostly already in utility hands, Nomisma says
Most of the surplus of European Union emissions permits built up since 2009 may already be held by the bloc’s electricity industry, cutting demand from power plants in carbon auctions, according to Nomisma Energia srl. Industrial companies may have sold as many as 1.6 billion surplus EU permits out of the estimated 2 billion-metric-ton excess they accumulated by the end of 2012, according to Matteo Mazzoni, an analyst at Nomisma in Bologna, Italy. The consultant advises energy companies, governments and banks...............................................Full Article: Source
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