Carbon recovers, but it’s ‘tin-hat time’ for skittish market
Europe’s carbon market has recovered from its precipitate fall on Friday – exacerbated, traders believe, by ‘stop-loss’ triggers being hit – but watchers expect to see more volatility, with risks of a further decline in prices. More >>>
£7bn windfall for UK utilities from carbon price floor
The UK’s carbon price ‘top up’ will encourage utilities to raise electricity prices, increasing their profits by £7 billion ($11 billion), according to a report by investment bank Credit Suisse. More >>>
France ploughs €1bn into nuclear, UK confirms reactor spots
France will invest €1 billion ($1.4 billion) in its nuclear power programme, bucking the post-Fukushima trend away from nuclear energy. More >>>
European debt crisis casts shadow over renewables finance
The European debt crisis could pose problems for the US renewable energy sector, particularly if US government loan guarantees are allowed to expire, according to financing experts. More >>>
US renewables ready for return to tax break – JP Morgan
The renewable energy sector will not miss the US government’s cash grant programme as much as industry experts think, because of the growing attractiveness of the production tax credit for wind projects, according to one top banker. More >>>
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