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EU carbon market reserve seen absorbing 85 per cent of glut by 2021

Bloomberg Business14 July 2015: In this article, Bloomberg Business reports on an unprecedented overhaul of the European Union’s carbon market which will probably remove 85 per cent of a glut of permits that sent prices tumbling and eroded incentives to reduce emissions.

Jill Duggan, CISL Senior Associate says, “Maintaining a decent carbon price is going to be an ongoing struggle.”


 

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