Carbon Prices? At Least They Can't Fall Below Zero! Or Can They?
EU, UN Carbon Prices Could Fall ‘Close to Zero,’ SocGen Says - Bloomberg
Societe Generale SA (GLE) said European carbon permits may fall close to zero should regulators fail to set tight enough limits in the market after 2020. The bank cut its forecasts for European Union permit prices in 2012 by 28 percent to 8.90 euros ($11.32) a metric ton, on lower emissions because of worsening economic conditions and faster-than-expected deployment of renewable energy.
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