Tuesday, August 5, 2008

"You're Not Buying Enough Carbon Credits" Deutsche Bank

A snippit from PointCarbon:
Carbon trading at half its value: report

Utilities are failing to buy enough EU allowances to meet their requirements, which has allowed bearish sentiment to drive the carbon market to around half of its fundamental value, say analysts at Deutsche Bank.

I like that "fundamental value" bit.

Point Carbon EUA OTC assessment (EUR/t)
04 Aug 08
DEC 2008

Last 30 days

Point Carbon EUA OTC prices last 30 days