Doubts over EU plan for OECD carbon market by 2015
The EU is unlikely to meet its vision for an OECD-wide carbon market by 2015, Emmanuel Fages, senior analyst at Orbeo, said at the Carbon Show in London on September 29.
Joel Lindop, associate for carbon markets at New Energy Finance, said he expects the OECD to be covered by carbon-trading schemes by 2015 but that they would probably be different schemes. "We have more than a decade to wait for a consolidated OECD scheme," he said.
More compatible price ranges are needed before the EU and US carbon markets can be linked, Fages said. "One way to buy industry stakeholders in the US into the market is to make cheap offsets or offer a price cap of around $15 per
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