According to Daniel Rossetto, Climate Mundial managing director, the price plunge today of Emission Reduction Units for December delivery to record 12 euro cents a ton is a perverse reaction to new rules proposed by the European commission. In an interview with Bloomberg News, Rossetto went onto say: “As we have seen on many occasions relating to regulatory proposals on the emissions-trading system, the commission’s positions are often challenged legitimately and then need to be revised”.

For further details of the interview, please contact us.