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Mild 2014 Seen Cutting EU Carbon Market Emissions Record

2015-04-01 15:59:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Carbon dioxide emissions in the European Unions cap-and-trade program, the worlds largest, probably fell to a record last year as warmer-than-average weather curbed demand for gas and power. Emissions from companies covered by the program dropped 5.8 percent to 1.798 billion metric tons in 2014, according to the median forecast of six analysts surveyed by Bloomberg before the EU makes the data public on Wednesday. That would be the lowest level since the blocs carbon market started in 2005,...

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