| Emissions capped by Europe's carbon market fell 3.7 percent in 2014, driven by higher output from renewable power producers and lower electricity consumption, analysts at Thomson Reuters Point Carbon said on Wednesday.
Firms covered by Europe's Emissions Trading System (ETS) emitted 1.838 billion tonnes of carbon dioxide equivalent (CO2e) in 2014 compared with 1.907 billion tonnes a year earlier, the analysts estimated in a research note. Official data on last year's emissions will be released by the European Commission on April 1. Participants in Europe's carbon market will be eyeing the numbers, which give an indication of demand for carbon permits...............................................Full Article: Source
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