9 January 2013 – European Carbon May Decline to Record as Glut Expands – Bloomberg

“Backloading will never be agreed,” said Daniel Rossetto, the managing director of Climate Mundial Ltd., a London-based consulting company that works in carbon markets. “Lawmakers and market participants will realize that backloading does not offer the ‘once-only’ intervention that is desired. If implemented, it would seriously impact confidence levels in the scheme itself.”

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