Report: Global carbon markets set to hit €64bn in 2014

Jessica Shankleman
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Analysts predict a temporary restriction of allowances will trigger a surge in the value of CO2 in Europe next month

The value of the world's carbon markets is set to soar to €64bn (£53bn) this year, up from €39bn in 2013, as the European Union launches a temporary fix to revive its ailing emissions trading system...

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