Analysis: "EU Carbon Scheme Reels After Weak Climate Deal"

"LONDON -- The credibility of the European Union's flagship carbon trading scheme was dealt another blow on Monday after carbon prices fell to six-month lows as U.N. talks in Copenhagen failed to deliver a strong climate deal.

Traders and analysts say low prices could continue well into 2010, slowing investment in low-carbon technologies which have already been dented by tight financing due to a slow economy."

Nina Chestney reports for Reuters December 21, 2009.

See Also:

"Investors Give Cautious Thumbs Up To Climate Deal" (Reuters)

"COP15 'Failure' a Reprieve for Business Sector" (Asahi Shimbun)

"State Funding Fuels China's Global Push in Wind, Sun" (Reuters)

Source: Reuters, 12/22/2009