CantorCO2e’s UK carbon desk closure signals consolidation trend

UK carbon trading firm CantorCO2e has announced the closure of its UK carbon trading desk in a move that experts say signals the beginning of a wave of consolidation in the market.
   
According to Emmanuel Fages, carbon analyst at French project developer and emissions trader Orbeo, the move is a sign of future consolidation. “The carbon market is quiet these days and a lot of volumes go through the exchanges, so it’s tougher for brokers. Some consolidation is to be expected, and we are likely t