EU emissions trading to see moderate start, says survey

Questionnaires sent to 200 companies asked for estimates of the total trading volume in the EU for the years 2005, 2006, 2007 and 2008–2012. Respondents felt the turnover would average €1.4 billion in 2005 and €4.2 billion in 2008, based on a current price per emission certificate of €7 per million tonnes of CO2.

The survey also asked which share of their spot market transactions and which share of their futures market transactions companies would conduct via an organised market. The term

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