Deutsche Bank downgrades carbon market forecast in wake of sovereign debt fears

Jessica Shankleman
clock •

Carbon now expected to cost €12/t at the end of 2011 and €24/t on average over Phase 3 of EU Emission Trading Scheme

Deutsche Bank has lowered its forecast for the price of carbon in Europe's emissions trading scheme (ETS), predicting the market will take longer than expected to recover from volatility caused by concerns...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Jessica Shankleman
Author spotlight

Jessica Shankleman

View profile
More from Jessica Shankleman

BusinessGreen's most read stories of 2015

Government revs up another £400m for plug-in car grants

More on Carbon Trading

Reports: UK and EU close in on ETS deal to link carbon markets
Carbon Trading

Reports: UK and EU close in on ETS deal to link carbon markets

A deal has reportedly been agreed to integrate the UK' and EU Emissions Trading Systems in a potential boost to the carbon market

Michael Holder
Michael Holder
clock 09 October 2026 • 6 min read
The carbon credits debate is finally shifting from 'whether' to invest to 'how'
Carbon Trading

The carbon credits debate is finally shifting from 'whether' to invest to 'how'

With clarity and integrity noticeably improving in supply and demand, where we used to represent opposing positions, we now largely agree on how companies should use carbon credits, write VCMI's Mark Kenber and Oxford Net Zero's Kaya Axelsson

Mark Kenber, VCMI, and Kaya Axelsson, Oxford Net Zero
clock 21 September 2026 • 4 min read
Google inks its 'largest ever' carbon and methane removal deal
Carbon Trading

Google inks its 'largest ever' carbon and methane removal deal

Agreement with Terradot pairs methane cuts from sustainable rice farming with enhanced rock weathering on rice farms in Brazil

Amber Rolt
clock 17 September 2026 • 2 min read