Cement News tagged under: carbon price

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First EU ETS report expected in June as carbon prices fall

08 May 2012, Published under Cement News

EU CO2 allowance (EUA) prices could fall below €5/t if the EU cannot agree on the set-aside proposal, according to Deutsche Bank analysts.  At the start of the month, prices fell to €6.14, with Members of the European Parliament calling for the EU to intervene and reduce the supply of carbon allowances. In addition, EU Energy Commissioner Gunther Oettinger announced that the European Commission needs to prepare a proposal to encourage investment and drive EUA prices up.  On 19 April, t...