Increasing pessimism over European carbon market: survey

Participants are becoming increasingly bearish in their outlook for the European Union Emissions Trading Scheme according to this year's Point Carbon survey

Emissions - smoke stacks

According to results from the 2012 Thomson Reuters Point Carbon survey, carbon market participants are forming an increasingly pessimistic view regarding the European Union Emissions Trading System (EU ETS).

The survey includes views from over 3,000 respondents of which half are involved in carbon trading.

Market participants' views on prices for European Union Allowances (EUAs) are more bearish now than ever before and less believe the EU ETS is the most efficient way to reduce emissions within

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