The price of carbon credits is likely to double this year, due to a recovery in demand from the European Union.
A recent report by Barclays Capital, the global consultancy firm, forecast the Certified Emission Reduction (CER) price to surge 92 per cent in the first half of this year. Indian analysts estimate it would almost double before the end of 2012. Currently, a CER unit for near-month delivery on the European Energy Exchange is quoted at 3.55 euros.
Technology Partners: MimirTech
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/price-carbon-credits-may-rebound-year
[2] http://admin.indiaenvironmentportal.org.in/category/author/dilip-kumar-jha
[3] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/india
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/european-union-eu
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/clean-development-mechanism-cdm
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/kyoto-protocol
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/carbon-dioxide
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/china
[10] http://admin.indiaenvironmentportal.org.in/category/thesaurus/certified-emission-reduction
[11] http://admin.indiaenvironmentportal.org.in/category/thesaurus/pollution-control
[12] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gujarat-alkalies-chemicals
[13] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change
