Category Archives: Emissions Trading

4 December 2012 – Carbon Permits Fall to Record as EU Discusses Plan to Fix Glut – Bloomberg

“The carbon market is very concerned about the lack of credible signals about demand for emissions units coming out of the policy and regulatory institutions” for the period through 2020 and beyond, Daniel Rossetto, managing director of Climate Mundial Ltd., a London-based consulting company that works in carbon markets, said today in an emailed response to questions. “That’s why EU allowances are at record lows.”

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3 December 2012 – Free Carbon May Chop Renewable Costs, EON’s Schaefer Says – Bloomberg

The EU is now considering changes to its carbon market to fix a glut of emission permits, which will be one of its few chances to mend the program and show it can help stimulate economic recovery, said Daniel Rossetto, managing director of Climate Mundial Ltd., a London-based consulting company that works in carbon markets.

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30 November 2012 – EU Carbon Drops to Record After Nations Delay Vote to Curb Glut – Bloomberg

“The low price levels are a sell off in the face of deep disappointment from within the market at the European Commission’s failure to deal quickly and decisively with the surplus issue,” said Daniel Rossetto, managing director of Climate Mundial Ltd., a London-based consulting company that works in carbon markets. “The market will need to hang out for quite a while longer before it gets the bullish news it’s looking for,” he said today in an e-mailed response to questions.

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