Trader predicts 2007 carbon price falls

摘要

A survey conducted by carbon market analysts New Carbon Finance and carbon market broker CO2e shows that selling activity in the EU emissions trading market is likely to pick up in 2007. The survey's authors believe this will have important implications for carbon prices in the rest of Phase 1 (2005-2007). Since the release of the 2005 verified emissions data in the EU Emissions Trading Scheme it has been known that many participants are sitting on excess allowances. However, to date few of these participants have ventured into the market to sell their allowances, resulting in an imbalance of supply and demand. This in turn has resulted in higher prices for allowances than would have been the case had participants adopted more regular, and arguably rational, selling strategies.