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Analysts cut EU Allowance Price Forecast

Dec.15, 2008 in Economy, Energy, Environment, Politics

Citing lower forecasts in 2009 output along with an increase in the number of firms announcing temporary shutdowns, analysts are scaling back their forecasts for carbon emissions and the price for allowances for those emissions. Societe Generale has cut their forecast for EUAs a third to 17 euros a ton. They went on to say [...]

Tags: carbon credits, carbon offsets, CER, Energy, Environment, EU ETS, EUA, Politics

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