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EU Carbon Price Expectations Plunge 47% in a Year, IETA Says

2013-06-01 10:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: European Union carbon price expectations through 2020 have fallen 47 percent since last year, the International Emissions Trading Association said. Prices will average 10 euros ($13) a metric ton in the period, according to an IETA survey of 73 members, the lobby group that includes EON AG and BP Plc (BP/) said in an e-mailed statement. That compares with 19 euros a ton last year, Jeff Swartz, international policy director at Geneva-based IETA, said yesterday by phone. EU carbon fell 50 percent...

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