Market
researcher
Point
Carbon
had
expected
a
“yes”
vote
in
the
European
Parliament’s
Environment
Committee
to
immediately
boost
prices
within
the
EU
Emissions
Trading
Scheme
(ETS)
by
as
much
as
€2
($2.68)
per
tonne.
Instead,
prices
had
fallen
from
€5.13
when
the
markets
opened
on
19
February
to
€4.09
by
mid-day,
despite
the
Environment
Committee
supporting
by
a
“surprising”
majority
the
European
Commissions’
right
to
intervene
in
the
flagging
EU
ETS.
“The
market
remains
sceptical
as
to
whether
politicians
will
support
the
measure
in
the
end,”
explains
Marcus
Ferdinand,
senior
market
analyst
at…
