Copenhagen will not deliver carbon price certainty for utilities

January 2010
MarketWatch: Energy;Jan2010, Vol. 9 Issue 1, p11
Market Research Report
The article reports that Copenhagen Climate Change Conference will not deliver caps and floors for the carbon price. It is stated that Europe will try to retain and develop the Kyoto Protocol and the EU Emissions Trading Scheme (EU ETS) free market mechanism to achieve its emissions reduction targets at Copenhagen. It mentions that EU ETS unconstrained pricing has led to highly volatile and inefficient carbon prices and so calls for a floor on the price of carbon.


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