Analysis: "EU Carbon Scheme Reels After Weak Climate Deal" [1]
"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. [2]
See Also:
"Investors Give Cautious Thumbs Up To Climate Deal" (Reuters) [3]
"COP15 'Failure' a Reprieve for Business Sector" (Asahi Shimbun) [4]
"State Funding Fuels China's Global Push in Wind, Sun" (Reuters) [5]