Carbon market buoyed by legislative outlook

In its latest quarterly analysis, New Energy Finance attributed the 21% drop in value to the recession, which has lowered demand for emission allowances and reduced carbon prices.

But, lower prices lead to more activity and, as a result, it believes 2009 volumes could post a 107% increase over 2008, with trading levels reaching 7,588 metric tons of carbon dioxide (MtCO2).

The report predicted the global carbon market would be worth $122 billion by the end of 2009, a 3% increase on market value i

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: