Bloomberg: The surge in European carbon permit prices may just be beginning.
The price of emission rights will rise 61 percent by June 30, according to the median of 16 trader and analyst estimates compiled by Bloomberg. UBS Group AG says costs may more than double in 2015. Carbon already jumped 45 percent this year, while the 22-member Bloomberg Commodities Index (BCOM) slid 14 percent.
The 28-nation European Union is tightening supply in the 40 billion-euro ($50 billion) emissions market after a glut...