Carbon trading firms positive about future of EU ETS

Carbon market participants are optimistic about the future of the European Union Emissions Trading System due to solid political backing from Brussels, a survey by Energy Risk suggests

Europe's economic woes have led to oversupply in the EU ETS

After years of uncertainty about the market’s prospects, sentiment towards the beleaguered European Union Emissions Trading System (ETS) has turned positive, a survey by Energy Risk indicates.

Some 67% of 116 survey respondents said they felt positive about the future of the world’s largest emissions trading scheme, while just 33% said they felt negative. Respondents to the survey, which was held during November and December 2014, included oil majors, utilities, industrial firms, airlines, banks

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