New Reuters Point Carbon report shows carbon market value sank 38 per cent in 2013, despite strong growth in North America and emerging pilots in China
Price of permits opens at a bullish €7, as China prepares to roll out similar schemes next year in Hubei, Chongqing, and Tianjin
European Council provides final rubberstamp for EU emissions trading scheme backloading, but campaigners promise to step up calls for wider reforms
But experts warn delay to auctioning of carbon allowances represent a temporary fix to oversupply in the market
Manufacturers warn of 'carbon leakage' without more measures to protect them from climate change policies
Think tank calls for the creation of an independent committee to help manage EU carbon market and avoid future price collapses
EEF sets out policy wishlist ahead of Chancellor's Autumn Statement next month
Reuters' report suggest talks designed to reform global carbon market have broken down, despite hopes of progress
Government confirms £16m paid out to help energy intensive firms cope with the indirect costs of EU Emissions Trading Scheme
Plan to remove 900 million carbon allowances from circulation until 2020 will now be considered by the EU Parliament