The surplus of CO² emissions allowances on the European carbon market, which led to the collapse in the price of carbon, has started to decline. Much remains to be done, however, to fully resolve the issue, according to a report published by the European Environment Agency (EEA) on Monday 17 October.
This annual report for 2015 on the trends and projections in the EU emissions trading scheme (ETS) shows that the decision to defer the auctioning off of 300 million CO² emissions permits in...