| Europe's carbon allowance surplus could more than double by the end of the decade, undermining its ability to deliver long term emissions reductions, according to campaign group Sandbag.
The group today published a major new report predicting the 2.1 billion ton oversupply of permits in the EU emissions trading scheme (ETS) seen at the end of 2013, could reach 4.5 billion over the next six years, with the surplus rising at an astonishing 13 tonnes each second...............................................Full Article: Source
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