| Tough weeks ahead for EUA prices, say analystsEuropean carbon prices could test 10-month lows and possibly fall as low as 11 euros a tonne in the next two weeks as European Union member states allocate their 2010 emissions permits to industry, analysts said. Firms regulated under the EU's Emissions Trading Scheme will receive over 1.8 billion tonnes of 2010 permits, or EU Allowances (EUAs), by Feb. 28. With industrial output still well below 2008 levels in the wake of the recession, traders and analysts are on close watch for a possible repeat of the drop at the start of 2009, when EUA prices fell by nearly 50 percent. "There might be a... + Full Story |
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