| Sourced From Environmental-finance.com |
London, 5 November: German energy giant RWE overstated its own carbon dioxide emissions by 70 million tonnes
- Author: admin
- Published: Aug 15th, 2008
- Category: Carbon Market News
- Comments: None
Second Phase EUA Prices Bite into Profits of Power Generators
EUAs might be undervalued, but the fact that their prices are far higher as compared to last year is adversely affecting the profits of power generators. The first phase of EU ETS (2005-07) contended with abysmally low EUA prices owing to excessive supply of free allowances. But now with the reining in of free EUAs in the second phase (2008-12), average price for the first 6 months has shot up to
