+------------------------------------------------------------------------------+
Point Carbon Revises Down Estimate for EU CO2 Price in 2016
2010-11-02 10:54:05.925 GMT
By Mathew Carr
Nov. 2 (Bloomberg) -- Point Carbon has revised down its
price forecast for European Union carbon dioxide permits in 2016
to 30 euros ($41.90) a metric ton.
Point Carbon, the Oslo-based provider of research on
emission markets, forecast in June that prices would reach 33
euros by 2016. Its new forecast assumes the EU will set a 25
percent emissions-reduction target for 2020, the researcher said
today in an e-mailed statement.
For Related News and Information:
Top Energy Stories:{ETOP<GO>}
To contact the reporter on this story:
Mathew Carr in London at +44-20-7073-3531 or
m.carr@bloomberg.net
To contact the editor responsible for this story:
Mike Anderson at +44-20-7673-2718 or
manderson34@bloomberg.net
