CBI claims agreement on 20 per cent emission reduction target delivers green businesses certainty they have been crying out for
But analysts divided over whether €16.15 price should have been higher
There is a lot to admire about the EU's plans to tighten up its emissions trading scheme. But, as Steve Zwick discovers, many in the carbon offsetting industry feel they are being sold short by the proposals
But analyst insists repeat of collapse in price of carbon highly unlikely
European firms could leave the region as a result of emissions trading scheme, warns International Energy Agency
Falling oil prices and fears of recession pushes down price of EUA credits to €19
Greenhouse gas emissions still climbing as government unveils plans for national cap-and-trade scheme
Barack Obama would issue Congress with 18 month ultimatum on carbon regulation before effectively bypassing the legislature
Cap and trade rejected in short term as firms set their own reduction targets
Businesses are urging the government to use its carbon credit income to fund cleantech innovation