29 May 2013 – EU Carbon Nears 3-Week High as Lawmakers Consider Surplus Fix – Bloomberg

The EU leaders summit on May 22 and comments by the European People’s Party show carbon markets will continue to be central to the region’s plans to tackle climate change, Daniel Rossetto, the London-based managing director of emissions markets adviser Climate Mundial Ltd., said today by e-mail. “This is bullish news for the market,” Rossetto said from the Carbon Expo conference in Barcelona. “There’s a very clear sense now emerging that comprehensive emissions-trading-system reform will have cross-parliamentary support.”

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