Carbon Price Hits New Low
The price of carbon has once again hit a new low, closing today at just €0.16 - the lowest since the introduction of Carbon Trading began.
Will it continue to fall, could it reach zero? Only time will tell.
The price of carbon has once again hit a new low, closing today at just €0.16 - the lowest since the introduction of Carbon Trading began.
Will it continue to fall, could it reach zero? Only time will tell.
Michael Greinecker said:
I´m an economics student who is doing a time series analysis of the price of european carbon emissions. It seems that starting from 9/2006, there is a break with a clear downwards trend afterwards. I would be very pleased if you could point me to some events at that time that may be responcible for that change.
sincerely,
Michael Greinecker