Carbon price crash warning

A predicted oversupply of 1.9 bn tonnes of carbon permits in the EU's emissions trading scheme (ETS) between now and 2020 is risking a carbon price slump, according to a report by the environmental NGO Sandbag issued in July 2011.

Buckle Up! is Sandbag’s 3rd annual report on the Environmental Outlook for the EU ETS – following on from ETS S.O.S. in 2009, and Cap or Trap? in 2010. This report again looks in detail at how the ETS is performing on the ground and makes recommendations for urgent reforms.

Sandbag: Buckle Up! Tighten the cap and avoid the carbon crash. The 2011 Environmental Outlook for the EU ETS http://www.sandbag.org.uk/site_media/pdfs/reports/Sandbag_2011-07_buckleup.pdf

Website: Sandbag http://www.sandbag.org.uk/

---