EU Emission Allowance

Nine EUA auctions announced with the next due on 24 March

Companies are rumoured to be selling off huge numbers of EUAs in desperate bid to raise cash, raising prospect of surge in carbon price come 2012

Experts predict €10 EUAs could represent good deal for long-term investors

DECC confirms talks on-going with major organisations interested in participating in future auctions

EUAs hits record low of €11.60 as watchers warn market has "detached" from oil prices

Report claims recession will fail to derail market expansion as CDM picks up any slack in the ETS

EUAs close to €15 a tonne as fears over slump in industrial output bite

But analysts divided over whether €16.15 price should have been higher

But analyst insists repeat of collapse in price of carbon highly unlikely

Falling oil prices and fears of recession pushes down price of EUA credits to €19