Deutsche Bank downgrades carbon market forecast in wake of sovereign debt fears

Jessica Shankleman
clock

Carbon now expected to cost €12/t at the end of 2011 and €24/t on average over Phase 3 of EU Emission Trading Scheme

Deutsche Bank has lowered its forecast for the price of carbon in Europe's emissions trading scheme (ETS), predicting the market will take longer than expected to recover from volatility caused by concerns...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech development
  • Tap into our extensive archive of exclusive articles, news, analysis and guide
  • Access to our new BusinessGreen intelligence service, providing you with
  • > Exclusive in-depth case studies
  • > Policy briefings, white papers and reports on market trends that are shaping the direction of the net zero transition
  • Our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Online and interactive meetings with BusinessGreen’s editors to discuss the crucial stories and trends from the past month

Choose the membership package that's right for you and your organisation, via our 3 membership levels.

Join now

 

Already a BusinessGreen member?

Login

More on Carbon Trading

UN adopts sustainable development standards for regulated carbon markets

UN adopts sustainable development standards for regulated carbon markets

Adoption of standards hailed by chair of expert group as 'major step forward in enabling a robust, agile carbon market'

Cecilia Keating
clock 11 October 2024 • 3 min read
'Rigorous quality control': How Verra came to drop 37 Chinese carbon credit projects from its registry

'Rigorous quality control': How Verra came to drop 37 Chinese carbon credit projects from its registry

Carbon credit standards setter says 'unprecedented' action 'should send a signal that inclusion in the Verra Registry is a sign of integrity and quality'

Michael Holder
clock 30 August 2024 • 5 min read
'Insufficiently rigorous': Millions of carbon credits fail to secure high integrity label approval

'Insufficiently rigorous': Millions of carbon credits fail to secure high integrity label approval

Integrity Council for the Voluntary Carbon Market rejects eight assessment methodologies for renewable energy carbon credit projects over 'additionality' concerns

Michael Holder
clock 06 August 2024 • 7 min read