Carbon lower as US debates crisis
29 Sep 2008
Carbon prices drifted lower on Friday as the focus for all markets was on the ongoing negotiations in the US for the bail-out package.
It appears there is a deal though it has to be voted on. Carbon (along with all markets) are impacted by the outcome of this deal as the fate of credit markets will have an effect on the ability for companies to fund CDM projects – which directly affects the supply of CERs in the secondary market.
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